Page 34 - SAMENA Trends - January 2020

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Facebook Makes Major Commitment to UK

Facebook plans to hire 1,000 people in the UK this year, as it the world to be online, alongside being one of the best places for
looks to boost efforts in removing harmful online content from technology companies to be based”, he added. The social media
its platforms, a representative told Mobile World Live. The move giant’s move could be seen as an effort to rebuild its reputation in
is due to be announced today (21 January) by Facebook’s COO the country after the Cambridge Analytica scandal in 2018, which
Sheryl Sandberg. The company said the appointments will take revealed the political consulting company had obtained user data
total staff numbers in the UK to more than 4,000, adding to the from Facebook to build software that could influence voters’
nation’s status as its largest engineering hub outside its domestic choices in elections.
US market. Additional staff will be deployed at Facebook’s three
locations in London. More than half of the new roles will focus on
software engineering, product design, data science, and product
development. The social media giant will also hire people for its
teams involved in AI, AR and VR, and engineering infrastructure.
The company said a large pile of the job offerings will aim to
expand its unit dedicated to building tools to detect and remove
harmful content from Facebook’s platforms, including its core
business, Messenger, Instagram and WhatsApp services. As
part of its expansion plans, Facebook will construct new office
space across two buildings in London with capacity for 6,000
workstations. The first is expected to open in late 2021. UK Prime
Minister Boris Johnson welcomed the announcement, stating it
was “great news Facebook plans to create a thousand more jobs
in London – yet another sign of the strength of our dynamic tech
sector”. “We are committed to making the UK the safest place in

Facebook to Announce Fourth Quarter and Full Year 2019 Results

Facebook, Inc. announced that the the call can be accessed at the Facebook one week following the conference call at
company’s fourth quarter and full year Investor Relations website at investor. 404.537.3406 or 855.859.2056, Conference
2019 financial results will be released after fb.com, along with the company’s earnings ID: 1262637. Transcripts of conference
market close on Wednesday, January 29, press release, financial tables, and slide calls with publishing equity research
2020. Facebook will host a conference presentation. Following the call, a replay analysts held on January 29, 2020 will also
call to discuss its results at 2 p.m. PT / 5 will be available at the same website. be posted to the investor.fb.com website.
p.m. ET the same day. The live webcast of A telephonic replay will be available for

Huawei Keeps Strong R&D Pace as 5th Top

Investor Worldwide

Huawei has been ranked fifth on the been able to lead the development of 5G than 10 meters tall if printed out on A4
recently released 2019 EU Industrial R&D technologies globally and the Middle East paper. Huawei now owns 3,367 families of
Investment Scoreboard as one of the biggest region specifically. This has been powered 5G patents accounting for more than 20%
investors in research and development by investments of USD4 billion in 5G of the total and ranking first among all ICT
worldwide. The Scoreboard is made up of research since 2009—more than the total vendors. The company has established
the 2,500 companies investing the largest 5G investment from all major equipment nine 5G standards and research centers
sums in research and development in the vendors in the US and Europe combined. worldwide, has more than 500 experts
world, with data collected from companies’ Huawei began 5G research in 2009 and has working on standards, and holds positions
annual reports and accounts. As a result submitted a total of 23,600 contributions in over 100 standards organizations. As Q3
of its R&D investments focus, Huawei has to the 3GPP, which would be a stack more 2019, Huawei had been awarded more than

34 JANUARY 2020