VENTURE CAPITAL POST

In a respectable attempt to provide access to the Internet throughout hard-to-reach places, Facebook is scheduling a satellite launch this 2016 that aims to make the World Wide Web readily accessible to people living in remote parts of Africa.

Peeple, an app dubbed as "Yelp for people" will be launched soon. It is an application that allows you to rate just about everyone you know. More and more people are petitioning to ban the people-rating app.

Facebook introduces a new way to spice up your profile and to enjoy more of the platform. You will be able to film a short, looping video, necessarily a GIF, which plays for anyone who views your profile.

Good news to Aussie Facebook lovers. Nearby Friends, a feature from Facebook can now be used by our mates in Down Under to locate their friends along the neighborhood or vice versa.

Twitter is planning some improvements to grow its users and encourage posts. One of the plans includes taking off the 140-character restrictions. Twitter management wants to revamp the micro-blogging site. One feature they wanted to improve is the 140-character post limit. Though Twitter keeps mum about it, the news from Re / Code said it comes from a very reliable source.

Google will install public Wi-Fi across 400 railway stations in India. Reports say this would be the largest public Wi-Fi in the country and certainly one of the largest in the world.

Facebook introduces the 360-degree video. It is a new feature which will let you roll videos in any angle. The new feature will be accessible first on the web and Android devices.

Facebook's new Messenger app has made it easier for businesses to have an organic connection with their customers, which could yet be another way for the giant social media platform to earn money.

The massive expansion of fiber optic broadband (FOB) in Johannesburg and other up markets in South Africa is paving the way for video on demand (VoD) services. Many companies with offers of internet video streaming services are making a beeline to explore the untapped market in the most developed economy in African continent. It's learnt that US major in streaming video services is also entering the market.

Brazil is to detach its internet connection with U.S., Telebras CEO Jorge Bittar said. A submarine cable with over 30 tbps will be installed from Lisbon to Fortaleza. This would boost Internet speed with Europe in 2017.

Snapchat just released the latest update of their product today. According to the announcement, the four years old company releases its first in-app purchase feature for their 'Replays' along with a new face effect lenses. The 'Replays' feature is only available for US users for the time being.

US tech giant Google may not be paying taxes to Britain, but according to its latest report, it is contributing a great deal to UK's economy through the digital revenue made by local businesses in that nation through the search engine.

Pinterest announced it had reached 100 million monthly users this week. The company will include 'Buyable Pins' on the site soon. Tim Kendall, Pinterest Monetization GM, told Fortune that the startup had crossed 100 million monthly users. Kendall said the number of shared links and images have doubled over 18 months as well. Added to that, searches to Pinterest had risen to 81% over the previous year.

Facebook CEO, Mark Zuckerberg, said on Tuesday at Townhall Q&A session that he's working out on a button that would express empathy over sad posts on Facebook.

Google is reportedly teaming up with Twitter to provide users with instant access to articles, reviving speculations the search giant may be acquiring the micro-blogging site. Re/Code reports the two tech giants are now working on a publishing tool that will enable users to view articles instantly on their mobile phones. That's a departure from the current set-up where users have to wait several seconds for a story to load.