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Facebook to ‘Signal’ news gathering for journos

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By NewsGram Staff Writer

credit: www.images.focusnews.com
credit: www.images.focusnews.com

Washington: Social networking giant Facebook launched an innovative news gathering tool ‘Signal’ which will help reporters in scanning and filing stories from information posted on Facebook and Instagram.

In a bid to take on the micro-blogging site Twitter which is the biggest source of breaking news for journalists, Facebook’s free tool called ‘Signal’ would help journalists track relevant trends, photos, videos, and posts from nearly 1.5 billion Facebook users and Instagram’s 300 million users for storytelling and reporting.

Director of media partnerships Andy Mitchell posted on Facebook, “We have heard from journalists that they want an easy way to make Facebook a more vital part of their news gathering. We are excited to introduce ‘Signal’, for Facebook and Instagram, a free discovery and curation tool for journalists who want to source, gather, and embed newsworthy content from Facebook and Instagram, across news, culture, entertainment, sports, and more- all in one place.”

With this tool, journalists interested in seeing what conversations are resonating on Facebook can monitor which topics are trending and then quickly display related content that has been shared publicly by  people and from various pages for deeper context on those trends.

With the help of ‘Signal’, journalists can also access lists of public figures ranked by who is being mentioned the most on Facebook, including real-time conversations across politicians, authors, actors, musicians, sports teams, players and more.

Mitchell further posted, “Search functionality makes it easy to envision content directly related to a story or topic they are tracking. Using location-tag and topic-related search functionality, journalists can search Instagram for public posts related to specific hashtags, associated with specific public accounts, or tagged with locations using an interactive global map.”

credit: www.niemanlab.com
credit: www.niemanlab.com

Mitchell’s Facebook post further revealed, “Every Facebook post, every Instagram image or video, and every metric found in Signal can be easily saved into custom collections for later use in a downstream CMS for digital writers or for integration with broadcast graphics packages for broadcast teams.”

Journalists can easily embed any Facebook and Instagram post in their coverage by simply selecting and copying the post’s embed code.

Newsrooms can integrate Signal APIs to feed curated content onto their websites and into their broadcasts, as well as produce native visualisations of curated Instagram content for events.

“This is a first step in helping journalists use Facebook and Instagram more effectively and we will gather feedback and iterate to make ‘Signal’ as useful as possible for industry professionals,” Mitchell quipped.

With Inputs from 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.

facebook, servicefriend, startup, cryptocurrency, libra
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)