Latest trending news about Facebook, Cryptocurrency, Google, Twitter, Software.
Facebook Had an Internal Bug That Said to Have Promoted Problematic Content in User Feeds
Content marked as 'questionable' by external media was mistakenly prioritized in users' news feeds. Facebook says it had no meaningful impact on "harmful" content. The bug took six months to fix, but Facebook disputed the report, saying it "vastly overstated what this bug was" The bug affected "only a very small number of views" of content, according to Facebook's spokesman for parent company Meta. Content rated "false" is downgraded in news feeds so fewer people will see it.
Cryptocurrency is to be taxed at 30 percent from April 1st, here is how it will impact investors
Finance Minister Nirmala Sitharaman in Union Budget 2022 announced that income in cryptocurrencies will be taxed at 30 percent. Loss from the transfer of virtual digital assets cannot be set off against any other income and there will also be a 1 percent TDS on crypto transactions. The move has already discouraged investors, especially those who were looking at crypto as a way to make quick money. The industry sees this as the biggest blow for retailers, like intraday traders in equity markets.
Google’s BERT helps cuts racy results by 30% for searches
The Alphabet Inc unit has cut explicit results by 30% over the past year in searches for "Latina teen" and others related to ethnicity, sexual preference, and gender. Google added that in the coming weeks it would use AI called MUM to further better searches related to sensitive topics. Tulsee Doshi, head of product for Google's responsible AI team, said the company had rolled out new artificial intelligence software, BERT.
Twitter could make TweetDeck a Twitter Blue-exclusive paid feature
Tweetdeck is aimed at power users and helps them manage and organise their feeds, send and receive tweets and direct messages, and view profiles.
Twitter Blue is Twitter’s paid subscription service that costs $2.99 a month and is currently available in the United States, Canada, Australia, and New Zealand. The subscription gives users access to features like Undo Tweet and NFT profile pictures for subscribed iOS users.
Twitter could make TweetDeck a Twitter Blue-exclusive paid feature, according to security researcher Jane Manchun Wong who discovered code and web pages that are designed to stop non-paying users from accessing it.
India software products sales to hit $30 billion by 2025, says Nasscom
Software products could mean customer relationship management or enterprise resource planning tools built by companies like Zoho Corp, Freshworks, or Tally Solutions.
Licensed software products built by Indian companies such as Infosys and Ramco Systems for core banking and payroll management come under this definition.
This market is estimated to be $13.3 billion in annual revenue for the financial year ended Thursday, after growing at an annualized rate of more than 10% in the previous three years. The growth of global market share for Indian software-as-a-service SaaS companies has also doubled.