Saturday May 25, 2019
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Twitter Planning to Roll Out Threaded Conversations Just Like Facebook

Twitter's Head of Product Sarah Haider also tweeted, saying she "would definitely want you to have full control over sharing your presence."

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Twitter
Twitter India celebrates rising women achievers. Pixabay

Twitter is planning to roll out threaded conversations like Facebook along with status indicators — showing who else is online among your followers — on its platform.

In a tweet, Twitter CEO Jack Dorsey said on Friday that the micro-blogging platform will soon get interesting updates.

“Playing with some new Twitter features: presence (who else is on Twitter right now?) and threading (easier to read convos),” Dorsey tweeted, along with some samples.

The “presence” feature will make it easier to engage with those you follow who are online at the moment.

Twitter
Twitter on a smartphone device. Pixabay

The “threading” feature would allow users to follow a conversation in a threaded manner.

Twitter’s Head of Product Sarah Haider also tweeted, saying she “would definitely want you to have full control over sharing your presence.”

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“Hey Twitter. We’ve been playing with some rough features to make it feel more conversational here. Presence and reply threading. Still early and iterating on these ideas. Thoughts?” Haider tweeted. (IANS)

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Facebook to Launch its Cryptocurrency Next Year: Report

According to Zuckerberg, Blockchain could give users more powers when granting data access to third-party apps

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

Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday.

Called “GlobalCoin,” the cryptocurrency would work with a new digital payments system in about a dozen countries starting in the first quarter of 2020.

Facebook has been in contact with US and British financial regulators to launch it.

According to the BBC, Facebook is in touch with “Bank of England governor Mark Carney and officials at the US Treasury”.

With over two billion users across its platforms, Facebook could emulate WeChat in China which allows its users to chat, shop and play games without leaving its platform.

The Facebook cryptocurrency would need to overcome numerous technical and regulatory hurdles before it can be launched.

According to media reports, the Facebook currency could be designed to be a “stablecoin” with a value pegged to US currency in an attempt to minimize volatility.

A report last week said Facebook has reportedly set up a company called Libra Networks in Switzerland that is developing payments and Blockchain systems for the social networking giant.

virtual currencies, bitcoin, investors
Bitcoin is a cryptocurrency and worldwide payment system. Wikimedia Commons

According to a report in CNET quoting Swiss publication Handelszeitung, the Facebook cyrptocurrency would be tied to the US dollar and could, therefore, remain stable unlike Bitcoin which has crashed.

“Facebook set up Libra Networks in Geneva several weeks ago. Libra is the social network’s internal project name for the digital currency,” the report said.

The Swiss company would focus on developing the software and hardware for currency-related functions like payments, Blockchain, analytics, big data and identity management.

Facebook declined to comment on the new report.

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According to a report in The Wall Street Journal earlier this month, the social media giant is “recruiting dozens of financial firms and online merchants” towards its cryptocurrency-based system that would use a digital coin similar to Bitcoin.

The New York Times reported in February that Facebook had a team of 50 people working on its virtual currency project.

In a public interview with Harvard Law professor Jonathan Zittrain in February, Facebook CEO Mark Zuckerberg said he is “potentially interested” in putting the Facebook login on the Blockchain technology.

According to Zuckerberg, Blockchain could give users more powers when granting data access to third-party apps. (IANS)