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Facebook aims to develop Technology that will help everyone build a Global Community

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FILE - Facebook CEO Mark Zuckerberg. VOA
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New York, April 20, 2017: Facebook aims to develop technology that will help everyone build a global community, the social media giant’s Chief Technology Officer Mike Schroepfer said at the annual F8 developers conference at San Jose.

The company is investing in a number of foundational technologies over the next 10 years, including connectivity, artificial intelligence, and virtual and augmented reality, Schroepfer said on the concluding day of the conference.

Rather than looking for a one-size-fits-all connectivity solution, Facebook is investing in a building-block strategy — designing different technologies for different use cases, which are then used together to create flexible and extensible networks, Facebook wrote in a post on Wednesday.

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Yael Maguire, Director of Connectivity Programmes at Facebook, said that the company set three new records in wireless data transfer — 36GB per second over 13 kilometres point-to-point using millimetre-wave (MMW) technology, 80GB per second between those same points using optical cross-link technology and 16GB per second from a location on the ground to a circling Cessna aircraft over seven kilometres away using MMW.

Additionally, Facebook’s Terragraph system that is being tested with San Jose in the city’s downtown corridor became the first city-scale mesh millimetre-wave system capable of delivering fibre-like multi-gigabits/s of performance and reliability.

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The company also announced Tether-tenna, a new kind of “insta-infrastructure” where a small helicopter tethered to a wire containing fibre and power can be deployed immediately to bring back connectivity in case of emergency.

The announcements came a day after Zuckerberg took a jab at Snapchat CEO Evan Spiegel’s purported disinterest in expanding business to “poor countries” like India.

Zuckerberg said Facebook was for everyone and not just for “the high end”.

“I think one thing that people probably don’t think about as much as we do is innovation to serve everyone in the community, not just the high end, right? So we focus on a lot of things like Facebook Lite. It’s up to 200 million people in like a year,” Zuckerberg told TechCrunch on Tuesday. (IANS)

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Facebook might lose $23 billion

This planned change sparked fears people will spend less time on the site, leading to its share stock suddenly dropping.

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Facebook shares fell down by 4% after Mark Zuckerberg announced a change in News Feed feature.
Facebook shares fell down by 4% after Mark Zuckerberg announced a change in News Feed feature.
  • Facebook recently was on the verge of losing $23 billion after they decided to make some changes in the News Feed feature.
  • The change was announced in order to make the time spent on the social networking site more meaningful.
  • However, the change leads to a 4% fall in the share of the Facebook.

Facebook was on course to lose 17 billion pounds ($23 billion) of its value after it announced it was making changes to its News Feed feature that will allow users to see more updates from family and friends than posts from businesses, brands and media.

Facebook share fell 4 percent within hours after Facebook CEO Mark Zuckerberg announced the changes to make the social network more meaningful, The Sun reported.

This change was supposed to make Facebook more meaningful. Pixabay
This change was supposed to make Facebook more meaningful. Pixabay

This could also result in lining them up for its worst financial position in more than three months — and Zuckerberg losing $3.3 billion of his own personal net worth.

“One of our big focus areas for 2018 is making sure the time we all spend on Facebook is time well spent. We built Facebook to help people stay connected and bring us closer together with the people that matter to us,” Zuckerberg posted on Facebook late on Thursday.

The CEO said that Facebook has got a feedback from the community that public content — posts from businesses, brands and media — is crowding out the personal moments that lead us to connect more with each other.

The change will show more posts by family and friends instead of brands and businesses, Pixabay
The change will show more posts by family and friends instead of brands and businesses, Pixabay

“We’re making a major change to how we build Facebook. I’m changing the goal I give our product teams from focusing on helping you find relevant content to help you have more meaningful social interactions,” he said.

“As we roll this out, you will see less public content like posts from businesses, brands, and media. And the public content you see more will be held to the same standard — it should encourage meaningful interactions between people,” Zuckerberg added.

This planned change sparked fears people will spend less time on the site, leading to its share stock suddenly dropping.

Zuckerberg admitted that the new changes might not pay off at first, but believes it is important users have more meaningful social interactions, The Sun said. IANS