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Chan Zuckerberg’s Initiative For Home Down Payments For Teachers

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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 Wants It All! Will Compete With Netflix and Amazon

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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.

 

 

The Facebook Files

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Leaked policies guiding moderators on what content to allow

The Facebook files

Facebook Is Now Into The Food Ordering Business

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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,

Facebook Wants In On eSports

Intel Extreme Masters Katowice

Katowice, Poland is home to the largest eSports event in the world—Intel Extreme Masters. Photo courtesy ESL
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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.

 

Facebook TV Coming Mid-June

Photo: Getty

Facebook is planning to launch around two dozen original “TV-like” programs in mid-June. It appears that Facebook is looking to follow Amazon, Hulu, and Netflix. More competition folks.

They are saying that the social network has been looking for shows in two distinct tiers: a marquee tier for a few longer, big-budget shows that would feel at home on TV, and a lower tier for shorter, less expensive shows of about five to 10 minutes that would refresh every 24 hours.

 

The new video initiative means Facebook would play a much more hands-on role in controlling the content that appears on its social network with nearly 2 billion members — and it comes as companies like Amazon, YouTube, and Snap are locked in an arms race to secure premium video programming.

RT Banned From Facebook Until After The Inauguration

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RT (formerly known as Russia Today) has been banned from posting to Facebook. The ban was instituted yesterday after RT allegedly ran a pirated stream of Obama’s last press conference. The ban is scheduled to be lifted at 2:35 pm ET on Saturday, the day after Trump’s inauguration.While RT has been banned from posting articles, the news outlet is still able to post text directly to Facebook.

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