Facebook has 69 million daily active users in India

Social media giant Facebook on Wednesday claimed it had 69 million daily active users (DAU) in India, including 64 million accessing its website on mobile.

"In India, we have 69 million DAU, of which 64 million access our site on mobile," the US-based social network firm said in a statement here.

The platform also boasts of having in India 142 million monthly active users (MAU), including 133 million accessing it on mobile.

"Over three million businesses advertise on our site, which is an increase of 50 percent in one year. About 70 percent of them are from outside the US," the statement revealed.

Asserting that it was a bridge to the new mobile economy for small businesses, helping them communicate with customers anytime, anywhere, the Silicon Valley firm said 50 million of them used its fee pages product to grow.

"More than one billion people on Facebook are connected to at least one business.And, in India, 57 percent of people of Facebook are connected to a small business, the statement noted.

Marking the occasion, the company also announced developing 'Your Business Story' tool, which makes it easy for owners to showcase their company's product or service offering to the world.

"As part of the tool, businesses are able to upload their photos from their page, overlay with music and share what they are in the business of doing," the statement said.

Noting that one billion people on its site were connected to at least one business, the company said the top three verticals building pages were services, local commerce and e-commerce.

The company has set up a SME (small and medium enterprises) India Council, first in Asia Pacific two years after forming an India Client Council with global advertisers in 2014.

"The SME India Council will meet few times over the coming months to discuss progress on solutions, business ideas, new successes and challenges and meet our teams," the statement added.

Virtual reality set to transform filmmaking

Chris Milk stepped onto a TED Conference stage and took the audience on an awe-inducing trip into the future of movies. While much of the early attention on virtual reality has focused on use of the immersive technology in video games, Milk and his US startup Vrse are using it to transform storytelling and filmgoing. "We have just started to scratch the surface of the true power of virtual reality," Milk said. "It's not a video game peripheral. It connects humans to other humans in a profound way... I think virtual reality has the potential to actually change the world." He had everyone in the Vancouver audience at TED , which ended Friday, hold Google Cardboard viewers to their eyes for what was billed as the world's collective virtual reality experience. Google Cardboard gear is literally that -- cardboard

Explained: Camera Improvements in the New HTC 10

With the HTC 10, the Taiwanese company is promising to undo the past wrongs in the cameras of its previous flagship phones. The camera has long a weak point in HTC devices. At first, HTC sacrificed image resolution in the M8 and made the size of individual pixels larger to capture more light (what HTC called Ultrapixel). But the resulting 4 megapixel images were often fuzzy, especially when cropped or enlarged. To fix the issue, in its next flagship - the M9 - HTC went with smaller individual pixels in a 20-megapixel camera last year, but it still underperformed in extreme situations, such as indoors and close-ups. In the HTC 10, the company attempts to strike a balance with larger individual pixels (1.55µm), but not as large as before and a 12 megapixel sensor in its camera coupled with a ƒ/1.8 lens. HTC accepts that in the imaging performance in the M9 was not up to the kind of spec of what they really like to see in a flagship. HTC is giving a slight boost to the selfi...

Freedom 251: 30,000 Units Sold, Components for Up to 2.5 Million Will Be Imported

Ringing Bells, the makers of the Rs. 251 smartphone - the Freedom 251 - confirmed to Gadgets 360 on Tuesday that it has still only accepted payments for 30,000 units of the phone. It also added that the components for these phones will be imported, and only assembled in India, not made here. Ringing Bells stopped accepting orders on February 19, and claims to have received over 70 million registrations. The company President and Director both repeatedly stated that the price of the phone would be made possible through economies of scale, and making the phone in India to cut out import costs. Economies of scale? However, in a discussion with Gadgets 360 the company revealed that it had only sold 30,000 units of the phone on day one. The company has now confirmed that it has not sent out the payment emails to anyone else who registered - "we were working out details of cash on delivery, which we are announcing now, so we will be sending emails to the first 2.5...

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