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Social Networking Giant Facebook Hits 2.38 Million Users

Facebook Stories hit 300 million daily user milestone back in September, said the report

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A photo shows the Facebook app icon on an iPhone in New York, Feb. 19, 2014. VOA

Social media giant Facebook’s monthly active users (MAUs) grew 8 per cent year-over-year MAUs to reach 2.38 billion at the end of first quarter of this year while the number of people using Facebook Stories hit 500 million every day.

The platform saw the same rate of growth in daily active users, Facebook said in its earnings statement late Wednesday.

“Daily active users (DAUs) – DAUs were 1.56 billion on average for March 2019, an increase of 8 per cent year-over-year,” the statement added.

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FILE – The Facebook logo is seen on a shop window in Malaga, Spain, June 4, 2018. (VOA)

“In addition, we estimate that more than 2.1 billion people now use Facebook, Instagram, WhatsApp or Messenger (our “Family” of services) every day on average, and around 2.7 billion people use at least one of our Family of services each month,” Facebook added.

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On an call with investors following the company’s first-quarter earnings report, Facebook CEO Mark Zuckerberg revealed that 500 million use Facebook Stories every day, The Verge reported on Wednesday.

Facebook Stories hit 300 million daily user milestone back in September, said the report. (IANS)

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Political Ad Spend Hits Rs 27.7 cr on Facebook as Polls End

Facebook had said that it was removing 10 lakh fake accounts a day in India

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This photograph taken on May 16, 2018, shows a figurine standing in front of the logo of social network Facebook on a cracked screen of a smartphone in Paris. VOA

Led by the Bharatiya Janata Party, political parties in India spent a total of Rs 27.73 crore on Facebook for posting political ads on the platform as the seven-phase general election ended on May 19.

From February 19 to May 19, political parties posted 124,094 ads on Facebook to reach out to their audiences, showed the latest data on Facebook Ad Library for India.

On Facebook, the BJP alone spent more than Rs 4 crore – 200 per cent more than the Congress which spend about Rs 1.8 crore.

Other big spenders were regional parties such as the Telugu Desam Party (TDP), the YSR Congress and Biju Janata Dal (BJD).

Facebook’s Ad Library, a searchable database, includes ads related to politics and issues of national importance run on Facebook or Instagram.

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FILE – The Facebook app icon is shown on an iPhone in New York. VOA

Supporters and affiliates of political parties account for most of the spending on the social media platforms.

The Election Commission of India has announced that among the posts taken down by various social media platforms, Facebook took down 650 posts.

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Of the posts taken down by Facebook, 482 were political posts during the “silence period” – 48 hours prior to polling, 73 political ads during the silence period, two violations of the Model Code of Conduct, 43 cases of voter misinformation, 28 were against public morality and decency, 11 were exit polls, and 11 were related to hate speech and undue influence.

Facebook had said that it was removing 10 lakh fake accounts a day in India. (IANS)