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Facebook Announces to Discontinue its ‘Moments’ App Soon

The social media giant first launched "Moments" in 2015 to allow users to share pictures with friends without having to upload them on Facebook

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A television photographer shoots the sign outside of Facebook headquarters in Menlo Park, Calif. VOA

Facebook has announced that it is discontinuing its stand-alone “Moments” photo saving and sharing app from February 25 owing to lack of users.

“We’re ending support for the Moments app but we know the photos people share are important to them so we will continue offering ways to save memories within the Facebook app,” CNET quoted Rushabh Doshi, Director of Product Management for “Moments”, as saying on Thursday.

Though the company declined to share user numbers, the reason behind the shutdown is because not a lot of people are using it

Accoding to Sensor Tower, a mobile analytics firm, the app has been installed by 87 million iOS and Android users since its launch and at its peak, was downloaded 10.7 million times in June 2016 that declined to about 150,000 downloads last month.

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This photo shows a Facebook app icon on a smartphone in New York. VOA

Facebook notified “Moment” users about its shutting down via emails and app alerts.

Since people need time to retrieve their photos from the app before it is killed, Facebook has set up a website, available till May, from where users can export their photos either to PCs or theie phone camera rolls.

Also Read- Xiaomi Surpasses Samsung to Become Undisputed Smartphone Leader in India

People can also upload their “Moments” photos to an album on Facebook’s main app. By default, the photos in those albums will be set so only you can see them, the report added.

The social media giant first launched “Moments” in 2015 to allow users to share pictures with friends without having to upload them on Facebook. (IANS)

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Vodafone Quits Facebook’s Libra Cryptocurrency Project: Report

The Libra project, which is still in development, aims for the launch of its first version this year

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Vodafone logo. Pixabay

Vodafone has become the latest big player who have decided to quit Facebook’s controversial Libra cryptocurrency project.

Vodafone joins PayPal, Mastercard, Visa, Mercado Pago, eBay, Stripe and Booking Holdings in withdrawing from the controversial project — and is the first company to exit after the Libra Association was formed in October last year, coindesk reported on Tuesday.

The companies left owing to concerns about heightened regulatory scrutiny.

“We can confirm that Vodafone is no longer a member of the Libra Association. Although the makeup of the Association members may change over time, the design of Libra’s governance and technology ensures the Libra payment system will remain resilient,” the Libra Association said in a statement.

“The Association is continuing the work to achieve a safe, transparent, and consumer-friendly implementation of the Libra payment system.”

Despite top-notch firms pulling out, Facebook and 20 partner organisations formally joined the digital currency Libra project in Geneva in October.

The Libra Association said that more than 1,500 entities have expressed an interest in joining the digital currency project.

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Representations of virtual currency are displayed in front of the Libra logo in this illustration picture. VOA

Several US senators have opposed Facebook’s digital coin, arguing that the social networking giant has been irresponsible with user data privacy. They have even called the digital cryptocurrency Libra “delusional” and “dangerous”.

Facebook CEO Mark Zuckerberg testified before Congress in October about Libra, defending the idea, but acknowledging the struggles left to overcome.

Libra has failed in its current form, according to the President of Switzerland.

Also Read: Digital Transactions in Delhi-NCR Grew by 235% Last Year: Razorpay

In a media interview, Swiss President and Finance Minister Ueli Maurer stated that Libra does not have a chance of being successful “because the basket of currencies that is deposited in this currency is not accepted by the national (central) banks”.

“The project in this form has actually failed,” Maurer was quoted as saying.

The Libra project, which is still in development, aims for the launch of its first version this year. (IANS)