Thirteen years after launching and less than five years after hitting 1 billion, Facebook now has 2 billion monthly active users. Facebook is currently, the largest social app in terms of logged-in users, above YouTube’s 1.5 billion, WeChat’s 889 million, Twitter’s 328 million and Snapchat’s estimated 255 million (extrapolated from its December 2015 ratio when it had 110 million daily and 170 million monthly users). Beyond YouTube, only Facebook’s other apps have more than 1 billion, including WhatsApp and Facebook Messenger, with 1.2 billion each. Instagram might soon join that club as it recently rocketed past 700 million.
Some say facebook can impact people lives. It appears that the ramifications of a near ubiquitous social network can propel internet addiction that alienates people, and facilitate the filter bubbles that polarize society by reinforcing opinions. Facebook has largely conquered its competitors, giving it the slack to finally address the modern sociological challenges that stem from its popularity.
The $45 billion Chan Zuckerberg Initiative is putting $5 million into a fund called Landed, that offers to pay up to half of the 20% home down payment for educators with zero interest or monthly payments. Instead, Landed recoups its investment when the home is sold or refinanced, assuming up to 25% of the appreciation or depreciation of the home’s value.
The goal is to allow more teachers, administrators, janitors, and more to live near their jobs at Palto Alto California, Redwood City, Ravenswood City, and Sequoia Union high schools, where Silicon Valley’s tech boom has made home prices too expensive to purchase.
Facebook will follow the strategy of its (now) competitors, Netflix and Amazon, by paying and claiming ownership for scripted TV shows. The company will pay between $10,000 to $250,000 depending on the length of the shows, which can range anywhere from 5 to 30 minutes long. By 2020, 82 percent of consumer internet traffic will be video. Facebook says that creators will have free reign to stream and sell their content on external platforms after a set period of time. The option to go live on Facebook is still available for news publishers and personal users.
Facebook is rolling out new option “Order Food” to a select users in the US which will let them order food directly from its app, without having to open the restaurants’s dedicated app or website.
Represented by a hamburger icon, the option lets Facebook users place food pickup and delivery orders from restaurants using Delivery.com or Slice. To access the new feature, simply go to the main navigation menu and scroll all the way down. Once there, you should see an “Order Food” option alongside a corresponding hamburger icon.
Users can simply type in their specific location or general area, and from there, they can can scroll through a solid selection of restaurants. The selection is not as expansive as what you might find on a site like Grubhub,
Katowice, Poland is home to the largest eSports event in the world—Intel Extreme Masters.Photo courtesy ESL
Facebook said Thursday that it has partnered with ESL, formerly known as the Electronic Sports League, to live stream video game tournaments, also known as eSports.
As part of the deal, Facebook will live stream upcoming ESL contests in which players battle each other in the first-person military shooter game, Counter-Strike: Global Offensive. Facebook will also host a weekly show dedicated to highlights and interviews with players participating in the Counter Strike tournament.
Each week ESL will live stream 30 hours of Counter-Strike tournaments, known as RankS competitions, via Facebook, the companies said. The RankS competition involves 300 gamers from North America and Europe who battle to win a cut of the $40,000 prize money ESL awards each month. In total, ESL plans to broadcast over 5,500 hours of gaming tournaments, starting in June.