Social media giant Facebook has launched a new iOS app Lifestage — a sort of video diary where you answer biographical questions about yourself and share a visual profile of who you are with your school network. Lifestage only works for those who are 21 and younger and allows you to discover video profiles created by others in your school to learn more about them, Facebook said in a blog post on Saturday. Every time someone updates their page, it shows up in a feed prompting others to check it out. Once your school is unlocked, you can access the profiles of others in your school community and discover others who are into the same stuff as you are, and connect with them. Also Read - Facebook, Instagram might witness a 45 percent drop in teenage users over the next two years: Report
In case you are 22 or older, you will see your own profile and will not be able to communicate with any other users, however it is still not clear how the app will restrict users. Although, the app allows you to select your school, but you won’t be able to see other users unless a minimum of 20 people from the same school start using it. During the sign-up process, Lifestage says that it can not confirm that people who claim to go to a certain school actually go to that school. Also Read - Facebook to pay French news publishers for using its content
Facebook CEO Mark Zuckerberg yesterday announced that as a gesture to fulfil their pledge that he and his wife made last year, he has sold $95 million of the social networking giant’s shares. According to a US regulatory filing, The Chan Zuckerberg Foundation and CZI Holdings LLC sold Facebook shares worth $95 million before taxes. ”The sales likely netted more than $85 million after capital gains taxes, the report added.
The couple plans to give away no more than $1 billion worth of stock each year through 2018. Last December, Zuckerberg and his wife Priscilla Chan pledged to donate 99 percent of their Facebook shares — about $45 billion — to advance human potential and promote equality for children.
With additional inputs