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Facebook Partners with Top Music Labels in India

Facebook has partnered with the music community in more than 40 countries

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Facebook in a blog post on Thursday said that it had fixed the issue and will be notifying everyone whose passwords it found stored this way. Pixabay

Facebook on Thursday announced to partner top music labels in India that will let its nearly 300 million users in the country express themselves with music on its platform as well as Instagram.

With the partnerships with T-Series Music, Zee Music Company and Yash Raj Films, Facebook will allow the users to include their favourite music in videos, messages, posts, stories and other creative content.

“People will now be able to include music in their videos on Facebook and Instagram, opening up more options for more ways to express and sharing memories with friends and family,” said Manish Chopra, Director and Head of Partnerships, Facebook India.

Facebook has partnered with the music community in more than 40 countries.

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Facebook offers a chance for audiences to experiment and express themselves through music and share the same with their friends. Pixabay

“We’re introducing a new feature: from a song on your profile, we’re making it possible to tap through to Spotify so people can listen to the full song and discover more from that artist. “We’ll be adding other partners in the near future as well,” the company said in a blog post.

The Spotify feature, however, is yet to come to India.

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According to Anand Gurnani, Vice President-Digital, Yash Raj Films, “our association with Facebook offers a chance for audiences to experiment and express themselves through music and share the same with their friends”.

“We have one of the largest catalogue of songs. Today’s digitally-savvy consumers are ultra-creative and it will be interesting to see how they re-purpose our music and videos to say what they want the world to hear,” added Neeraj Kalyan, T-Series President and Digital head. (IANS)

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Facebook Apps Helped EU Firms Generate 208 bn Euros in Sales

The study also found that female-founded businesses, in particular, credit social media with helping them to start and grow their businesses

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Social Media, Facebook, Authenticity, Posts
The social media application, Facebook is displayed on Apple's App Store, July 30, 2019. VOA

Facebook apps have helped businesses in the European Union (EU) generate sales corresponding to an estimated 208 billion euros last year – resulting in nearly 3.1 million jobs, the social networking giant said in a new report.

According to Facebook, around 25 million businesses in the European Union, mostly small businesses, are using its services each month.

“Businesses said that using Facebook apps helped them generate an estimated 98 billion euros in exports last year. Of these exports, 58 billion euros are sales within the EU and 40 billion euros are sales to the rest of the world,” Nicola Mendelsohn, Vice-President for Europe, Middle East and Africa at Facebook, said on Monday.

To understand the true extent of Facebook’s impact on the European economy, the company commissioned a study by Copenhagen Economics, one of the leading economic firms in Europe. The study surveyed over 7,700 businesses across all industries and sizes in 15 countries.

“This shows the critical role social media plays in driving sales for businesses across Europe. This is particularly true for small and medium sized businesses,” Mendelsohn added.

Fake, News, WhatsApp, Facebook, India
The Facebook mobile app on an Android smartphone. Wikimedia Commons

Six in 10 companies said Facebook apps are important in lowering marketing costs and a similar number said Facebook apps are important in improving customer service.

“Six in 10 businesses using Facebook apps report them as helpful to enter markets, and 7 in 10 businesses using Facebook apps are exporting to other countries compared to 5 in 10 non-users,” the report mentioned.

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The study also found that female-founded businesses, in particular, credit social media with helping them to start and grow their businesses.

“Fifty-eight per cent of female-founded businesses surveyed said that Facebook apps are important for enabling them to start businesses, while 65 per cent said it helped grow their revenue,” said the report. (IANS)