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Facebook, T-Hub Pick 10 Indian Start-ups for Support Programme

The other start-ups that were shortlisted include Greenturn Idea Factory, Sensegrass, Marut Drones, Shortlist Professionals and Innerhouse

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FILE - The logo for Facebook appears on screens at the Nasdaq MarketSite, in New York's Times Square, March 29, 2018. VOA

Social media giant Facebook and T-Hub, a Hyderabad-based global start-up catalyst, on Wednesday announced the 10 start-ups they have selected for the second edition of their “India Innovation Accelerator” programme.

Announced in May, the programme will support the growth of start-ups focused on finding solutions for social challenges using Artificial Intelligence (AI) in areas of good health and wellbeing, agriculture, clean water and sanitation, decent work and economic opportunities, industry, innovation & infrastructure, climate change and peace and justice and strong institutions.

“At Facebook, we believe Artificial Intelligence will be key to finding disruptive solutions to address societal challenges like access, affordability, and skill shortage. We are excited to champion next generation of tech start-ups applying AI for social good and accelerate their development by giving them access to expertise,” Manish Chopra, Head and Director of Partnerships, Facebook India, said in a statement.

The 10 cohort start-ups include Mumbai-based ftcash which aims to empower micro-merchants and small businesses with the power of credit using digital payments.

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FILE – Attendees walk past a Facebook logo during Facebook Inc’s F8 developers conference in San Jose, California, United States. VOA

While another start-up, StaTwig, is building Blockchain based solutions to ensure that every child is vaccinated with high quality vaccines, Signzy has built a digital trust infrastructure which enables completely secure digital on-boarding using the AI assisted on-boarding (RealKYC), Algorithmic Risk Intelligence (ARI), and Blockchain technology to store and verify consumer information.

Blue Sky Analytics, a geospatial data intelligence start-up, and Pensieve that aims to democratise legal data and make it accessible to the common man were also selected.

Also Read: Google Closes its Controversial Chinese Search Engine Project

The other start-ups that were shortlisted include Greenturn Idea Factory, Sensegrass, Marut Drones, Shortlist Professionals and Innerhour.

The India Innovation Accelerator will support the growth of these start-ups in many ways. A panel of mentors, industry experts, investors, will provide hands on operational support and mentoring with specialised training on product development, marketing, partnerships, management. (IANS)

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Facebook Launching Two New Ad Units on its Platform

Both the new ad units are currently available for all film studios in the US and the UK

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Corporate, America, Climate Change
FILE - In this April 30, 2019, file photo, Facebook stickers are laid out on a table at F8, Facebook's developer conference in San Jose, Calif. The Boston-based renewable energy developer Longroad Energy announced in May that Facebook is building a… VOA

Aiming to help movie studios promote their latest releases, social networking giant Facebook is launching two new ad units named movie reminder ads and movie showtime ads.

Moviegoers often discover a film months before its release but they often need reminders when a film they care is about to hit theatres.

With movie reminder ads, when people see an ad for a film in their News Feed, they can now tap on the ‘Interested’ button to receive a reminder in their Facebook notifications when the movie hits theatres.

“The notification sends people to the movie detail page on Facebook to look up showtimes and seamlessly purchase tickets,” Facebook said in a statement on Wednesday.

Facebook, Data, Privacy
FILE – The entrance sign to Facebook headquarters in Menlo Park, Calif., Oct. 10, 2018. VOA

Meanwhile, movie showtime ads for films are already in theatres.

“We’re also introducing movie showtime ads for films that are already in theatres. Previously, researching showtimes required extra steps and additional searches. Now, when a moviegoer comes across a movie showtime ad, they can tap a ‘Get Showtimes’ button to go right to the Facebook movie detail page to find out where and when to see the film,” the social networking giant said.

Also Read: OnePlus Working on New 5G Smartphone: Report

Both the new ad units are currently available for all film studios in the US and the UK. (IANS)