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Is Facebook Going Video?

February 9, 2016 by  
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Facebook is contemplating the development of a dedicated service or page where users will be able watch videos and not be bothered by other content.

The social network continues to see surging interest in video. During one day last quarter, its users watched a combined 100 million hours of video. Roughly 500 million users watch at least some video each day.

That’s a lot of video and a lot of viewers, and Facebook wants to capitalize on it.

“We are exploring a dedicated place on Facebook for when they just want to watch videos,” CEO Mark Zuckerberg said Wednesday during a conference call to discuss Facebook’s quarterly financial results.

But he was tight-lipped on how the video might actually be presented.

Asked if a stand-alone video app is in the cards, he mentioned the success of Messenger and a Facebook app for managing Pages. “I do think there are additional opportunities for this and we’ll continue looking at them,” he said.

Facebook wants to encourage more video viewing because it keeps users on the site longer, helping it to sell more ads.

“Marketers also really love video and it’s a compelling way to reach consumers,” COO Sheryl Sandberg said during the call.

Zuckerberg has been watching the growth of video for osme time. At a town hall meeting in November 2014, he predicted, ”In five years, most of [Facebook] will be video.”

And it’s likely that most of that video will be consumed over mobile networks.

Among Facebook’s heaviest users — the billion people who access it on a daily basis — 90 percent use a mobile device, either solely or in addition to their PC.

It’s financial results for the fourth quarter were strong. Revenue was $5.8 billion, up 52 percent from the same period in 2014, while net profit more than doubled to $1.6 billion.

http://www.thegurureview.net/aroundnet-category/facebook-exploring-a-dedicated-video-service.html

Will Facebook Go Open-Source

December 29, 2015 by  
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Facebook has unveiled its next-generation GPU-based systems for training neural networks, Open Rack-compatible hardware code-named “Big Sur” which it plans to open source.

The social media giant’s latest machine learning system has been designed for artificial intelligence (AI) computing at a large scale, and in most part has been crafted with Nvidia hardware.

Big Sur comprises eight high-performance GPUs of up to 300 watts each, with the flexibility to configure between multiple PCI-e topologies. It makes use of Nvidia’s Tesla Accelerated Computing Platform, and as a result is twice as fast as Facebook’s previous generation rack.

“This means we can train twice as fast and explore networks twice as large,” said the firm in its engineering blog. “And distributing training across eight GPUs allows us to scale the size and speed of our networks by another factor of two.”

Facebook claims that as well as better performance, Big Sur is also far more versatile and efficient than the off-the-shelf solutions in its previous generation.

“While many high-performance computing systems require special cooling and other unique infrastructure to operate, we have optimised these new servers for thermal and power efficiency, allowing us to operate them even in our own free-air cooled, Open Compute standard data centres,” explained the company.

We spoke to Nvidia’s senior product manager for GPU Computing, Will Ramey, ahead of the launch, who has been working on the Big Sur project alongside Facebook for some time.

“The project is the first time that a complete computing system that is designed for machine learning and AI will be released as an open source solution,” said Ramey. “By taking the purpose-built design spec that Facebook has designed for their own machine learning apps and open sourcing them, people will benefit from and contribute to the project so it can move the entire industry forward.”

While Big Sur was built with Nvidia’s new Tesla M40 hyperscale accelerator in mind, it can actually support a wide range of PCI-e cards in what Facebook believes could make for better efficiencies in production and manufacturing to get more computational power for every penny that it invests.

“Servers can also require maintenance and hefty operational resources, so, like the other hardware in our data centres, Big Sur was designed around operational efficiency and serviceability,” Facebook said. “We’ve removed the components that don’t get used very much, and components that fail relatively frequently – such as hard drives and DIMMs – can now be removed and replaced in a few seconds.”

Perhaps the most interesting aspect of the Big Sur announcement is Facebook’s plans to open-source it and submit the design materials to the Open Compute Project. This is a bid to make it easier for AI researchers to share techniques and technologies.

“As with all hardware systems that are released into the open, it’s our hope that others will be able to work with us to improve it,” Facebook said, adding that it believes open collaboration will help foster innovation for future designs, and put us closer to building complex AI systems that will probably take over the world and kill us all.

Nvidia released its end-to-end hyperscale data centre platform last month claiming that it will let web services companies accelerate their machine learning workloads and power advanced artificial intelligence applications.

Consisting of two accelerators, Nvidia’s latest hyperscale line aims to let researchers design new deep neural networks more quickly for the increasing number of applications they want to power with AI. It also is designed to deploy these networks across the data centre. The line also includes a suite of GPU-accelerated libraries.

Courtesy-TheInq

Twitter To Allow Monet Tweets

October 22, 2014 by  
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One of France’s largest banks is partnering with social network Twitter Inc. to allow its customers to transfer money via tweets.

The move by Groupe BPCE, France’s second largest bank by customers, coincides with Twitter’s own foray into the world of online payments as the social network seeks new sources of revenue beyond advertising.

Twitter is racing other tech giants Apple  and Facebook to get a foothold in new payment services for mobile phones or apps. They are collaborating and, in some cases, competing with banks and credit card issuers that have run the business for decades.

The bank said last month it was prepared to offer simple person-to-person money transfers via Twitter to French consumers, regardless of what bank they use, and without requiring the sender know the recipient’s banking details.

“(S-Money) offers Twitter users in France a new way to send each other money, irrespective of their bank and without having to enter the beneficiary’s bank details, with a simple tweet,” Nicolas Chatillon, chief executive of S-Money,  BPCE’s mobile payments unit, said in the statement.

Payment by tweets will be managed via the bank’s S-Money service, which allows money transfers via text message and relies on the credit-card industry’s data security standards.

BPCE and Twitter declined to provide further details ahead of a news conference in Paris later today to unveil the service.

Last month, Twitter started trials of its own new service, dubbed “Twitter Buy”,  to allow consumers to find and buy products on its social network.

The service embeds a “Twitter Buy” button inside tweets posted by more than two dozen stores, music artists and non-profits. Burberry, Home Depot, and musicians such as Pharrell and Megadeth are among the early vendors.

Twitter’s role to date has been to connect customers rather than processing payments or checking their identities.

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Will Sprint Cut It’s Staff?

August 26, 2014 by  
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Sprint’s new CEO Marcelo Claure addressed employees for the first time and promised price reductions are coming very soon, according to a report.

Sprint didn’t deny the report of Marcelo’s comments. A spokesman also confirmed Friday that Sprint is “focusing on providing the best value in the market.”

According to the account of Claure’s comments, he told workers, “We’re going to change our plans to make sure every customer in America thinks twice about signing up to a competitor.” The report, which first appeared in LightReading.com, also said that “very disruptive” rate plans are coming this week.

Sprint didn’t dispute Light Reading’s report, but a spokesman said Sprint is not commenting on “any potential pricing plans before they are announced.”

The spokesman, Doug Duvall, said Marcelo held his first all-employee town hall meeting before a standing-room-only crowd. He added: “He shared his passion for his family, work and soccer team and his commitment to leading Sprint. He discussed Sprint’s challenges and pledged to get Sprint ‘back in the game’ by focusing on providing the best value in the market, completing our network build and optimizing Sprint’s cost structure.”

By confirming Sprint wants to offer the “best value in the market,” it’s pretty clear that Sprint, the third-largest U.S. carrier, will soon wage a price war with the T-Mobile, the fourth-largest U.S. carrier that has quickly been gaining on Sprint.

Analysts recently said Sprint’s recent “Framily plan” isn’t competitive in the market, which former CEO Dan Hesse acknowledged in late July before his departure on Monday.

The Sprint Framily plans costs $160 a month for 4GB of data, but comes with overage charges and won’t allow tethering. Meanwhile, T-Mobile has a family plan offered through September that costs $100 a month for four lines and 10GB of data, although each line is limited to 2.5GB.

Hesse had earlier described subscriber plans Sprint was testing that have tiers of data and unlimited data.

According to Light Reading, Claure also told employees that price cuts are needed because Sprint’s network isn’t at the level of performance and reach that it should be. “When you have a great network, you don’t have to compete on price,” he reportedly said. “When your network is behind, unfortunately you have to compete on value and price.”

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Amex Debuts Mobile Payment System

March 29, 2011 by  
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American Express has just debuted a digital payment and commerce service that makes it possible to use Android-based devices and Apple iPhones for person-to-person online payments. Visa announced a similar personal payment product in the U.S. on March 16.

Analysts say the moves by Visa and American Express are clearly aimed at challenging PayPal in the personal payments business.

The new Amex service, named Serve, allows consumers and small businesses to make purchases and person-to-person payments on iOS- and Android-based devices. Serve accounts are also accessible on personal computers through Facebook and at Serve.com.

Serve also allows users to create and manage sub-accounts for friends and family members.

Read more….