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Analysis: Inside Facebook’s African Sweatshop
Here in Nairobi, Sama employees who speak at least 11 African languages between them toil day and night, working as outsourced Facebook content moderators.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Facebook’s WhatsApp to Partner with More Indian Banks in Financial Inclusion Push
“We now want to open up with more banks over this coming year to help simplify and expand banking services, especially to the rural and lower-income segments,” Abhijit Bose, WhatsApp’s India head told a fin-tech summit via a webcast.
- Categories
- Finance
- Region
- South Asia
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Facebook Selects 12 Africans to Join its Community Accelerator Programme
Facebook has announced that 12 African community leaders have been selected to join the Community Accelerator, a six-month programme that aims to equip communities with the training, mentorship and funding they need to grow.
- Tags
- accelerators, Facebook
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Facebook’s Libra Serves as Signal That Fintech Firms Like Visa, Paypal, Booking.Com Were Eager to Explore Stablecoins, Blockchain Advisor Argues
“An increase in the supply of Tether has been seen as a positive leading indicator especially for Bitcoin demand. The thinking is that increased issuance of Tether [leads to more] buying. Tether`s price fluctuates around $1. The issuing company, Tether, aims to manage the supply so that it does not trade at a significant premium or a discount for an extended period.”
- Categories
- Finance
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What Is Celo and Could It Succeed Where Libra Won’t?
Celo promises to be a stablecoin to rival Libra. While unlikely to be regarded with the same distrust as Facebook’s much-maligned digital currency, Celo will still have its share of challenges relating to regulation and scale.
- Categories
- Finance, Technology
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Scaling Big Data for Social Good: Weighing the Benefits and the Risks
Each day, the world generates about 2.5 quintillion bytes of data, and the entire digital universe is expected to hit 44 zettabytes this year. According to Hayden Dahmm at SDSN TReNDS, this data can provide major benefits if it's shared between the public and private sectors – but the risks are equally significant, particularly in emerging markets. He explores how to ensure that big data is used safely and ethically.
- Categories
- Technology
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Heifer International Joins Libra Association to ‘Support Financial Inclusion’
Global nonprofit Heifer International is joining the Libra Association, it announced Monday, becoming the 23rd official member of the organization.
- Categories
- Finance, Technology
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Facebook in Talks Over Mobile Money in Indonesia
Three e-wallet operators interested in working with Facebook Pay to tap into massive Southeast Asian market.
- Categories
- Finance
- Region
- Asia Pacific
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