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Snap shares plunge as losses mount

Snap shares plunged 14% on Thursday after the social media firm reported more than $400m (£310m) in quarterly losses and fewer than expected users. The share price fall extended a decline that started almost immediately after Snapchat started trading on the stock market this spring. The firm reported 173 million …

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Facebook introduces new video service

Social media giant Facebook has made a move into dedicated video, pitting it against YouTube and TV networks. Users will soon see a new Watch tab that will offer a range of shows, some of which have been funded by the social network Watch will be personalized so that users …

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Google hopes to train 10 million people in Africa in online skills – CEO

Alphabet Inc’s Google aims to train 10 million people in Africa in online skills over the next five years in an effort to make them more employable, its chief executive said on Thursday. The U.S. technology giant also hopes to train 100,000 software developers in Nigeria, Kenya and South Africa, …

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Target Thinks These 2 Indian Retail Startups Have The Right Tech To Go Big

For the first time ever, American retail giant Target has selected two Indian startups — Find Me A Shoe and Story Xpress — from its India-based accelerator program to participate in a retail-focused accelerator based out of Target’s Minneapolis headquarter. Participating startups will focus on scaling their business and catering to the U.S. fashion market. Since December 2013, …

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Facebook Stories are coming to the desktop

Facebook Stories, one of several Facebook-made Snapchat clones, is coming to the desktop. TechCrunch says it’s confirmed with Facebook that a desktop version of Stories is currently in testing. But while it’s supposedly only a test for now, Facebook also said that it’s planning a wider rollout in the near future. So don’t …

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