Facebook to allow content creators monetize short-form videos

Facebook Inc will allow content creators on its platform to earn revenue from short-form videos via advertisements, the social network said on Thursday. The announcement came in a blog where the company detailed its plans to help creators make more money, as smaller tech rivals have been racing to attract famous social media personalities. Snapchat… Read More Facebook to allow content creators monetize short-form videos

Myanmar military junta accuses ousted leader Aung San Suu Kyi of bribery

Myanmar’s military government accused deposed leader Aung San Suu Kyi on Thursday of accepting illegal payments, while eight people were killed when security forces opened fire on protests against the coup, witnesses said. Rights group Amnesty International accused the military of adopting battle tactics against demonstrators. Six people were killed in the central town of… Read More Myanmar military junta accuses ousted leader Aung San Suu Kyi of bribery

African fintech company Flutterwave raises $170million from international investors

Africa-focused payments company Flutterwave could consider a New York listing, its chief executive said after it raised $170 million from investors to expand its customer base, pushing its valuation up to more than $1 billion. Founded in 2016 by Nigerians and headquartered in San Francisco, the company specialises in individual and consumer transfers. It is… Read More African fintech company Flutterwave raises $170million from international investors

China approves overhaul of Hong Kong electoral system

China’s parliament approved on Thursday a draft decision to change Hong Kong’s electoral system, further reducing democratic representation in the city’s institutions and introducing a mechanism to vet politicians’ loyalty to Beijing. The measures are part of Beijing’s efforts to consolidate its increasingly authoritarian grip over the global financial hub following the imposition of a… Read More China approves overhaul of Hong Kong electoral system