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Facebook rolls out video service worldwide
by Staff Writers
Paris (AFP) Aug 29, 2018

Facebook said Wednesday it is rolling out globally its Watch video service, which has already been available in the United States for more than a year.

"We designed the product not just in a mindless consumption but in order to get people engaged," said Fidji Simo, Facebook's vice president for video.

Facebook launched Watch amid a shift in video viewing habits away from traditional television to online platforms including Netflix and Hulu, and with more people watching both professional and user content on services like YouTube.

Facebook has been ramping up its video offerings with original shows and this week announced new formats including interactive game shows, quizzes and polls.

The announcement comes two weeks after Facebook revealed it would broadcast for free Spanish top flight division football matches in the Indian subcontinent, and Champions League matches in Latin America.

"Contents that we fund are a very small part of the contents available on Watch," said Simo.

Facebook is hoping instead that videos made by users themselves are what will keep people watching.

Simo said Facebook had spent a lot of time developing tools so creators of videos can integrate ads themselves.

"We remain confident that monetisation will help creation," she said.

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Walmart teams with Rakuten on digital book shop
San Francisco (AFP) Aug 22, 2018
Walmart on Wednesday launched a digital book shop in a collaboration with Japanese e-commerce powerhouse Rakuten's electronic book service Kobo. The Walmart eBooks website boasting more than six million titles along with audiobooks competes head-on with a core offering of rival Amazon. Subscriptions to the Walmart audiobook service were $9.99 monthly, compared to $14.95 for a comparable Audible service at Amazon. "The launch of Walmart eBooks by Rakuten Kobo marks a milestone for our strateg ... read more

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