Tech in Asia —- Facebook co-founder Eduardo Saverin has closed US$143 million in funding for his venture capital firm B Capital, according to US regulatory filings. It’s targeting a fund size of US$250 million. What’s unique about this fund though is its global focus, especially on Asia. B Capital founder Raj Ganguly explained the opportunities in Asia, and further said that the continent faces a funding gap:
The Verge — Facebook and Microsoft announced a partnership today to lay the highest-capacity subsea internet cable to ever cross the Atlantic Ocean, starting with hubs connecting Northern Virginia to Bilbao, Spain. The cable, called “MAREA” after the Spanish word for “tide,” will be capable of 160 terabits per second of bandwidth and will stretch more than 4,100 miles of ocean in a submarine cable system.
Enterprise Innovation — The presidential election held in the Philippines this week lighted up social media, mainly Twitter and Facebook, as voters and non-voters alike take poll-related conversations online. Facebook said with 22 million people engaged in conversations related to the elections on the social media site, which generated 268 million interactions, makes Filipinos the most engaged Asia-Pacific elections on Facebook to date.
Enterprise Innovation — Facebook reported more government requests for user data and content restrictions pursuant to local law in the second half of 2015. The report posted in the Facebook newsroom by Chris Sonderby, Deputy General Counsel, stated that government requests for account data increased by 13 percent, from 41,214 requests to 46,763.
Tech Crunch — Facebook appears to have been blocked in Vietnam as a part of a government-imposed crackdown on social media, amid public protests over an environmental disaster attributed to toxic discharges from a steel complex built by Taiwan’s Formosa Plastics. Dissidents are blaming wastewater from the steel plant for a mass fish death at aquatic farms and in waters off the country’s central provinces.
Times of India — Social networking giant Facebook has started boarding companies for ‘Facebook at Work’ in India. ‘Facebook at Work’ is said to be social networking gaint’s Slack competitor. According to the company, “Facebook at Work lets you create a work account that is separate from your personal Facebook account. ”
WARC — KUALA LUMPUR: Facebook is to open an office in Malaysia, as more than 18m Malaysians use the social media platform every month and 6.5m use Instagram, its photo-sharing service. Nicole Tan, the former managing director of ad agency J. Walter Thompson Malaysia, will head a local team that will be looking to connect more Malaysians and businesses with the company’s solutions, New Straits Times reported.
rappler — MANILA, Philippines —Facebook recorded about 22 million Filipino Facebook users actively engaging in conversations about the 2016 Philippine elections with friends and family members. “This has been the number one most engaged elections in Asia-Pacific,” Elizabeth Hernandez, the head of APAC Public Policy at Facebook, told Rappler in an interview on Monday, May 9.
Enterprise Innovation — Facebook this week announced the official opening of its office in Kuala Lumpur, Malaysia, weeks after its launch of its Manila, Philippines office on 20 April last month. According to Facebook, more than 241 million people in Southeast Asia (SEA) access the social media network, with the vast majority (94%) doing so from mobile devices.
IT News — A security researcher has earned a top bug bounty from Facebook after discovering vulnerabilities and a backdoor on a server operated by the social network that led to hundreds of staff passwords being captured by an unknown hacker. Orange Tsai, of Taiwanese security vendor Devco.re, scanned Facebook’s IP address space and found a domain name that piqued his interest.
Tech in Asia — Facebook has opened its first office in the Philippines. Facebook’s vice president for Asia-Pacific Dan Neary announced the move on his Facebook page on Wednesday and during a press conference held in Manila on Thursday. The Philippines is clearly an important market for the social networking giant, he says. He counts around 49 million Filipino Facebook users – equivalent to 91 percent of the population with internet access.
eMarketer — Data documenting Facebook ad performance in Asia-Pacific sheds light into the key markets helping drive the company’s fortunes in the region. According to research from advertising automation firm Nanigans, India and the countries of Southeast Asia delivered some of the strongest results.
SAN FRANSICO: After India said ‘no’ to Free Basics and opted for net neutrality recently, the social networking giant Facebook has unveiled two new initiatives to improve internet services for the rural population in the developing countries, including India.
Times of India — NEW DELHI: More than 46 million people interacted on social networking platform Facebook during this year’s ICC World Twenty 20, which culminated in thrilling victories by both the West Indies men and women’s teams on April 3 in Kolkata.
Tech in Asia — As seems to be his wont from time to time, Mark Zuckerberg has been in the China news again of late, doing things like running around in Beijing’s cancerous air, and meeting with China’s head of propaganda. The goal, as far as anyone can tell, is to try to convince Chinese officials to let Facebook into the country.
Times of India — NEW DELHI: A part of the Vivekananda Road flyover, that was under construction, collapsed on Thursday in Kolkata leaving dozens trapped under the debris. Facebook promptly activated its Safety Check feature following the news of the incident where people can be marked safe by friends on Facebook in the affected area, thus assisting in accounting process.
Times of India — NEW YORK: The social networking giant Facebook apologized on Monday after a bug turned its “safety check” featureinto a breaking news alert for all users after a powerful blast ripped through a public park in Lahore, killing 69 people and injuring over 250. Facebook turns on the “Safety Check” feature to help let friends and family know they are safe in case being trapped after a natural disaster or terror attack.
Channel News Asia — SAN FRANCISCO: Facebook apologised on Sunday for a bug that sent a Safety Check notification to users around the world following a deadly suicide bombing in Pakistan. Facebook users from Honolulu to Brussels and Cairo to Hong Kong were baffled by the notification, a feature that lets users signal to friends that they are safe following an event in their area like a terror attack or natural disaster.
Times of India — BEIJING: Facebook’s co-founder and CEO Mark Zuckerberg met China’s propaganda tsar Liu Yunshan in Beijing on Saturday as part of a charm offensive in one of the few markets where the social network cannot be accessed. The rare meeting, reported by China’s state news agency Xinhua, suggests warming relations between Facebook and the Chinese government, even as Beijing steps up censorship of and control over the internet.
Tech in Asia — What connection through yonder firewall breaks? It is the East, and China is a gigantic untapped market. Mark Zuckerberg has been on a China charm offensive for several years now. It recently hit a new climax with the Facebook CEO visiting the country and meeting up with, among others, Liu Yunshan, the leader of the Chinese Communist Party’s Propaganda and Ideology Leading Group – the head of the nation’s propaganda and censorship apparatus.
NY Times — BEIJING — Facebook founder and CEO Mark Zuckerberg held a rare meeting with China’s propaganda chief, at a time when Chinese authorities are tightening control over their cyberspace. Liu Yunshan told Zuckerberg in their meeting Saturday that he hopes Facebook can share its experience with Chinese companies to help “Internet development better benefit the people of all countries,” China’s official Xinhua News Agency reported. Zuckerberg was in Beijing to attend an economic forum.
Times of India — NEW YORK: Despite India saying no to Free Basics and going for net neutrality, the social networking giant eyes big growth in Asia than any other parts of the world, a top Facebook executive told the Wall Street Journal (WSJ) on Tuesday. According to Dan Neary, Facebook’s vice president for Asia Pacific, “the potential is greater in Asia-Pacific than it is in any other region because we’ve got two thirds of the world’s population, and it’s all mobile.”
WSJ — Facebook Inc. is adding users in Asia at a much faster rate than other parts of the world, an executive said, showing the recent controversy over the firm’s free Internet service in India is not deterring the social networking giant’s expansion in this part of the world.
Independent — A Cambodian university student has been jailed for 18 months for asking the public to join his “colour revolution” and inciting crimes in an anti-government Facebook post. The man, identified as 24-year-old Kong Raya, is the first Cambodian convicted of using social media to attack Prime Minister’s Hun Sen’s government, who has issued warnings that online critics could be traced and arrested in matter of hours.
Times of India — NEW DELHI: Networking giant Facebook has said it has over 142 million users in India, of which about 133 million access the social media platform through their mobile phones. Also, about 69 million people in India use Facebook daily, of which 64 million access the platform through their mobile devices.
Telecom Asia — More than three million businesses actively advertise on Facebook, according to an update posted by the company on the Facebook for Business page. The number of active advertisers on Facebook grew by 50% in one year, with more than 70% of these businesses located outside of the United States. Notably, Southeast Asia is the fastest growing region, according to Nadia Tan, head of SMB in Southeast Asia at Facebook.
Enterprise Innovation — More than three million businesses actively advertise on Facebook, according to a new update on the Facebook for Business page. The number of active advertisers on Facebook grew by 50% in one year, with more than 70% of these businesses located outside of the United States. Notably, Southeast Asia is the fastest growing region, according to Nadia Tan, head of SMB in Southeast Asia at Facebook.
Times of India — BARCELONA:Facebook CEO Mark Zuckerberg is disappointed with the Indian telecom regulator’s rule that oustedFree Basics from the country, but said that the social networking giant will focus on other aspects of the programme and work with all telcos to connect more Indians to the Internet. “We recently had a ruling in India that says there should be no differential pricing for services, that even if you are trying to give some basic services for free, that’s not going to be allowed.
The social media giant announced a new website on Thursday dedicated to resources for nonprofits and NGOs to get the most out of their Facebook Pages. The new site reads like an extensive instruction manual, covering everything from setting up a Page to building a support network of “likes,” and it also includes a step-by-step guide covering how to use the platform’s latest fundraising tools.
Enterprise Innovation — The Telecom Regulatory Authority of India (TRAI) officially announced this week new rules that would prevent Internet service providers to offer discriminatory tariffs for data services on the basis of content being accessed by a consumer. The ruling was much awaited in India, following the furor and intense debate over Facebook’s Free Basics program, which regulators see as discriminatory and a setback to the concept of net neutrality.