Mark Zuckerberg Archives - Page 2 of 2

NFT feature coming to Instagram, CEO Mark Zuckerberg confirms

Instagram head Adam Mosseri has been talking about bringing NFTs to the platform since last year. The document has now been signed. Mark Zuckerberg announced that NFT will be added to Instagram.

In a report by Engadget, Meta CEO Mark Zuckerberg said that NFT will come to Instagram. NFT will be added to Instagram within the next few months, he said.

The beginning of the year also brought news of Facebook and Instagram preparing to integrate NFT with their platforms. Such features will be offered on Instagram and Facebook, under which NFT will be able to be set in the profile itself.

Facebook’s Mark Zuckerberg has stated that NFT will come to Instagram, but it is unclear how the app will be used or how the company will implement it.

What is NFT?

The company may launch its NFT marketplace on Instagram or Facebook. NFTs can be purchased and sold on many websites. Similarly, NFTs can be posted on both platforms and those who wish to purchase can do so here only.

NFT transactions are done using cryptocurrencies, which presents a problem. As a result of the introduction of NFT, the company can now accept cryptocurrency transactions on its platforms.

Additionally, cryptocurrency payments are being tested within the instant messaging app WhatsApp. As of recently, WhatsApp head Will Cathcart stated that cryptocurrencies could be sent through WhatsApp in the future. Testing has begun.

Cryptocurrencies and NFTs are a part of Meta’s Metaverse plan. Since the company has invested significantly in the Metaverse, it is necessary that it integrates cryptocurrencies and NFTs on its platform.

Facebook offering opportunity to earn money! Users will receive part of the profits from Reels Videos

Facebook Reels have been launched globally. There is good news for those who share reels, i.e. short videos, on Facebook. Around 150 countries around the world are able to access Facebook Reels. Users of Android and iOS can use it. In the year 2020, Facebook Reels competed with Tiktok for the first time.

Meta CEO Mark Zuckerberg said Facebook Reels will offer creators the opportunity to earn. Facebook will soon introduce a new feature for this purpose. Facebook is now planning to share a portion of the earnings from short videos with the makers of the reels. This initiative will begin on a pilot basis within the next few weeks on Facebook. Content creators will now be able to earn through Facebook by making reels.

Facebook made the decision because

In order to attract more and more content creators to its platform, Facebook has made this decision in light of the challenges Tiktok is facing in many countries. Meta reported sharing ad revenue with content creators creating reels in a pilot program.

Coming soon to India

Facebook said it would first begin sharing earnings in the US, Canada, and Mexico. In the coming weeks, it will be released in more countries. In India, which is Facebook’s largest market, the company plans to launch it soon.

In this way, advertisements will appear on the reels and earn revenue

1.) Users can watch reels without interruption and there is no interruption from advertisements under the current system. Facebook has now experimented with this new feature.

2.) A pilot program will allow content creators to choose between two ad formats.

3.) The first format is banners, and the second one is stickers. In a transparent manner, the ad will appear at the bottom of the Facebook reels. In stickers mode, the ad will appear on the reels like any other sticker.

4.) Content creators will be able to place stickers on any part of the reels they desire.

5.) You can better understand this by looking at these two pictures.

6.) In the picture, Facebook reels are shown with an ad like a sticker. – The bottom left of the picture shows it.

Facebook-Meta Earns the ‘Worst Company of 2021’ Title in Survey

This is based on a survey conducted by Yahoo! This year’s worst company was Facebook, now known as Meta, according to Finance’s annual list of the best and worst companies from around the world.

The Chinese e-commerce giant Alibaba, which was runner-up, received 50% more support than the worst companies. Microsoft, however, was named the best company of the year.

Through Survey Monkey, a Yahoo!-powered open-ended survey was conducted. From Dec. 4 to Dec. 5, there were 1,541 visitors to the finance homepage.

Facebook and Meta were marked as the “Worst Company of the Year 2021” by individuals who were concerned about censorship. Some of these individuals felt the “free-speech-police” was unfair and they should have the right to express themselves as they please.

According to others, the rise of far-right extreme views in recent years can be attributed to Facebook or Meta. Meta was even accused by one respondent of “undermining democracy worldwide.”

A Facebook or Meta-owned app, Instagram, has also been cited as a concern regarding children’s mental health and its impact on mental health.

In response to a comment, a respondent suggested Facebook apologize for its actions and donate a significant portion of its profits to reverse the harm it caused. Others were intrigued by the idea of the Meta rebrand, seeing it as both something new and something different from the aging social media model. Many responses referred to executives and Mark Zuckerberg as the founder and CEO.

Only three out of ten survey participants believe that Facebook can recover from its mistakes, which indicates that the credibility of the company is also lacking.

At the other end of the spectrum, Yahoo Finance named the Microsoft Company of the Year for 2021 as a result of its $2 trillion market cap and a 53% gain in its stock price year-to-date.

Good news for Facebook Messenger users, now no one will be able to hear your words

Meta (Meta) will soon start rolling out end-to-end encryption (E2EE) for its Facebook Messenger app. End-to-end encryption will be available for both voice and video calls.

It was announced on Mark Zuckerberg’s Facebook page. Group chats and group audio and video calls will also be able to utilize end-to-end encryption. Previously, this feature was only available for text chatting.

The company’s other app, WhatsApp, has been updated to provide end-to-end encryption. As well as encrypting its backups on Google Drive, WhatsApp has also encrypted backups elsewhere. The feature is now available on Facebook Messenger as well. Mark Zuckerberg commented on Facebook that he is very pleased with the widespread adoption of encryption.

What is an End-To-End encryption feature?

WhatsApp Messenger uses end-to-end encryption currently, so we can understand it well by using WhatsApp as an example. WhatsApp reports in its FAQ that ‘End-to-end encryption’ ensures the security of messages and calls between yourself and your contacts. No one else can read, hear, or see them, not even WhatsApp.

A key element of end-to-end encryption is the use of a digital lock that ensures messages are protected before they are sent, requiring a digital key that can only be accessed and heard by the recipient. Nobody can see, read, or listen to these messages in between. All of this happens automatically.

To secure your messages, you do not need to enable End-to-end encryption on settings.

Mark Zuckerberg loses USD 7 billion after Facebook, WhatsApp, and Instagram suffer a worldwide outage

The Facebook CEO’s personal fortune plummeted on Monday as Mark Zuckerberg lost near to USD 7 billion in a few hours when social media giants Facebook, WhatsApp, and Instagram went down.

Mark Zuckerberg loses $ 7 billion

After Facebook’s stocks plunged following the global outage, Zuckerberg also fell to 5th on the Forbes billionaire list. Bill Gates has more wealth than Zuckerberg, with a total worth of USD 121.6 billion.

Facebook Inc.’s network suffered a major global outage yesterday which resulted in a flood of companies pulling their advertising from the social media giant’s network.

Previously, Mark Zuckerberg was ranked third in Bloomberg’s Billionaires Index. Forbes reports that Facebook’s stock fell 5% on Monday, extending its 15% loss since mid-September.

Facebook CEO Mark Zuckerberg apologized for the disruption to Facebook, Whatsapp, and Instagram; telling millions of his users that services will be returned to normal on Tuesday.

During a Facebook post, Mark Zuckerberg announced that Facebook, Instagram, WhatsApp, and Messenger were returning to service. “I’m sorry about today’s disruption — I know how much you rely on our services to stay in touch with the people you care about,” he said.

Similarly, WhatsApp and Instagram confirmed this through its official channel of Twitter and told that it will be rectified soon.

Thousands of Facebook, WhatsApp, and Instagram users, including those in India; were unable to access these platforms on Monday evening due to a global outage.

Facebook Apologized

Some of our applications and products are having trouble being accessed by some people. Facebook apologized for any inconvenience caused by the outage and vowed to restore things as soon as possible.

As netizens shared posts and memes about the outage, the microblogging platform Twitter was awash with tweets. Facebook users in India are among the most numerous of all its platforms.

Number of Users in India

In India, 51 crore people use WhatsApp, 41 crore people use Facebook, and 21 crore people use Instagram; according to government data released earlier this year.