Facebook chief Zuckerberg braces for civil unrest


Facebook chief Mark Zuckerberg on Thursday warned of the potential for civil unrest as votes are tallied in a US election that will be “a test” for the social network.

Zuckerberg expressed his concern while describing safeguards against misinformation and voter suppression at the leading social network that are intended to avoid the kinds of deception and abuse that played out four years ago.

“I’m worried that with our nation so divided and election results potentially taking days or weeks to be finalized there is a risk of civil unrest,” said Zuckerberg, who had also been grilled during a session on Capitol Hill earlier this week.

“Given this, companies like ours need to go well beyond what we’ve done before.”

Confusion early this week over political ads at Facebook marred the onset of what was supposed to be a cooling-off period ahead of the US presidential election on November 3.

Rival parties complained Facebook was undermining campaign efforts after blunders arose around a ban on new paid political ads being published in the week before Election Day.

“We’re investigating the issues of some ads being paused incorrectly, and some advertisers having trouble making changes to their campaigns,” Facebook product manager Rob Leathern said in a tweet when the ban kicked on Tuesday.

Political ad publishers can sidestep the ban by getting the advertisements loaded into Facebook prior to the deadline, and then disseminating them to a wider audience later.

California-based Facebook has tightened its rules on political advertising ahead of the 2020 election in other ways too, including prohibiting attempts to undermine the electoral process.

In the Facebook paid posts library — a list viewable by the public — for President Donald Trump’s campaign, what appeared to be a victory ad is already visible.

And on Tuesday, senior media advisor for Democratic presidential contender Joe Biden, Megan Clasen, tweeted a screen capture of a Trump Facebook ad showing a picture of the president and the message “Election Day Is Today.”

But the former vice president’s campaign had been told by Facebook they could not launch ads saying election day was “today” or even “tomorrow,” Clasen said in the tweet.

Democratic political strategist Eric Reif said on Twitter that he and others were working to have ads restored that had been mistakenly removed by Facebook.

“While next week will be a test for Facebook, I am proud of the work we have done here,” Zuckerberg said.

“I also know that our work doesn’t stop after November 3rd,” Zuckerberg said.“So we will keep anticipating new threats, evolving our approach and fighting to protect the integrity of the democratic process and the right of people to make their voices heard around the world.” Source:https://www.daily-bangladesh.com/
Read More........

Facebook chief Zuckerberg braces for civil unrest


Facebook chief Mark Zuckerberg on Thursday warned of the potential for civil unrest as votes are tallied in a US election that will be “a test” for the social network.

Zuckerberg expressed his concern while describing safeguards against misinformation and voter suppression at the leading social network that are intended to avoid the kinds of deception and abuse that played out four years ago.

“I’m worried that with our nation so divided and election results potentially taking days or weeks to be finalized there is a risk of civil unrest,” said Zuckerberg, who had also been grilled during a session on Capitol Hill earlier this week.

“Given this, companies like ours need to go well beyond what we’ve done before.”

Confusion early this week over political ads at Facebook marred the onset of what was supposed to be a cooling-off period ahead of the US presidential election on November 3.

Rival parties complained Facebook was undermining campaign efforts after blunders arose around a ban on new paid political ads being published in the week before Election Day.

“We’re investigating the issues of some ads being paused incorrectly, and some advertisers having trouble making changes to their campaigns,” Facebook product manager Rob Leathern said in a tweet when the ban kicked on Tuesday.

Political ad publishers can sidestep the ban by getting the advertisements loaded into Facebook prior to the deadline, and then disseminating them to a wider audience later.

California-based Facebook has tightened its rules on political advertising ahead of the 2020 election in other ways too, including prohibiting attempts to undermine the electoral process.

In the Facebook paid posts library — a list viewable by the public — for President Donald Trump’s campaign, what appeared to be a victory ad is already visible.

And on Tuesday, senior media advisor for Democratic presidential contender Joe Biden, Megan Clasen, tweeted a screen capture of a Trump Facebook ad showing a picture of the president and the message “Election Day Is Today.”

But the former vice president’s campaign had been told by Facebook they could not launch ads saying election day was “today” or even “tomorrow,” Clasen said in the tweet.

Democratic political strategist Eric Reif said on Twitter that he and others were working to have ads restored that had been mistakenly removed by Facebook.

“While next week will be a test for Facebook, I am proud of the work we have done here,” Zuckerberg said.

“I also know that our work doesn’t stop after November 3rd,” Zuckerberg said.“So we will keep anticipating new threats, evolving our approach and fighting to protect the integrity of the democratic process and the right of people to make their voices heard around the world.” Source: https://www.daily-bangladesh.com/
Read More........

WhatsApp Pay to empower millions of Indians through Jio platform: Zuckerberg


Reiterating his commitment to launch WhatsApp Pay for over 400 million users of the messaging platform in India, Facebook CEO Mark Zuckerberg said that the Reliance Jio partnership is a huge opportunity to enable small businesses and individuals in the country to buy and sell things through WhatsApp.

Talking to analysts during an earnings call on Thursday, Zuckerberg said that a lot of people use WhatsApp, especially in India.

"We want to enable that. That starts with enabling payments. A big part of the partnership that we have with Jio will be to wire up and get thousands of small businesses across India on-boarded onto WhatsApp, to do commerce there," the Facebook CEO emphasised.

Facebook-owned WhatsApp has been testing its payments platform in India for quite some time now but has not been successfully in launching it owing to regulatory hurdles.

Reliance Industries (RIL) Chairman Mukesh Ambani said this month that the new commerce platform JioMart and Whatsapp will be working closely to create growth opportunities for millions of Indian small merchants and kirana shops.

"Over 400 million WhatsApp users in India bring unique value to our partnership," Ambani said at the company's first annual general meeting.

Zuckerberg said that they are really excited about the opportunity in India.

"Once we prove that out with Jio in India, we're planning on expanding it to more folks in India and to other countries as well. But, there's no doubt that India is a huge opportunity," he told the analysts.

According to a latest Goldman Sachs report, the recent RIL and Facebook partnership can potentially increase the monetization levels of India internet as consumers in the relatively higher income bands (Urban Mass and Urban Middle) are monetized through transactions - redirecting traffic from social media to e-commerce, O2O, financial services.


"We believe the recent Reliance Industries (RIL) and Facebook partnership could increase monetization levels of India internet, and garner 25% of all internet Gross Transaction Value (GTV) by FY25," Goldman Sachs said.

"With a user base of 400 million-plus in India, and three out of the top five apps in the country (in terms of Daily Active Users and time spent), we believe Facebook, along with its partner RIL, can bring more transacting users (100 million currently) into the fold, especially in e-commerce, the largest internet category," the report mentioned.

In India, there are more than 15 million monthly WhatsApp Business app users.

In April, Facebook announced a $5.7 billion, or Rs 43,574 crore, investment in Jio Platforms.

"It is the largest country by the size of our community that we're serving already. And it should be one of the fastest growing business opportunities as well to help businesses grow there, and we're very excited about that," Zuckerberg said during the earnings call. (IANS) Source: https://southasiamonitor.org
Read More........