Facebook has become the largest minority shareholder in India’s Reliance Jio by acquiring a 9.99% stake in its digital unit for US$5.7 billion. The deal is Facebook’s largest since its acquisition of WhatsApp in 2014, and its biggest overseas investment as well as the largest foreign direct investment in India’s tech sector. The operator has…
Month: April 2020
How and could work together to make inroads into India’s Internet
NEW DELHI : Social networking giant, Facebook Inc, has bought a 9.99% stake in India’s Reliance Jio, which gives both companies an opportunity to make key inroads into India’s Internet landscape.As a result of the partnership, Reliance Retail will use WhatsApp to get more customers onto its grocery delivery platform JioMart, but that’s certainly not…
Facebook, Jio should be transparent on data sharing: Experts – The Economic Times
NEW DELHI | MUMBAI: Facebook and Reliance Jio should be transparent about the data being shared between them, experts said.If the $5.7-billion deal is approved, the two companies together will have a subscriber base that would give them a near-monopoly, touching most Indians using the internet. Facebook’s messaging platform WhatsApp is used by two out…
Libra’s Long Road From a Facebook Lab to the Global Stage: A Timeline
Nikhilesh De Libra’s Long Road From a Facebook Lab to the Global Stage: A Timeline What a long and winding two and half years it’s been for Libra, the digital currency project spawned by Facebook.For much of that time, all that was known about the social network’s ambitions for the cryptocurrency space was rumor and…
Stablecoins demand surge as investors seek safe landing
The demand for stablecoins, cryptocurrencies designed to maintain a stable market price, has seen a delirious surge as investors running from high volatility in cryptocurrency and global markets look for safe assets for their money. A weekly update from Luno showed that stablecoin balances on cryptocurrency exchanges have now surpassed all-time high.Investors have $2 billion…
Libra reinvents itself
The cryptocurrency update responds to central bank concerns The Libra Association’s release of a second whitepaper updates its vision for the Libra cryptocurrency, following regulatory pushback and scrutiny of the project’s first iteration. The association has abandoned its plan to form a free-floating global coin tethered to a basket of currencies.This was the most offensive…
Facebok-Jio deal: FB, Jio should be transparent on data sharing: Experts, Technology News, ETtech
While experts flag concerns, Facebook India MD Ajit Mohan says the deal does not involve data sharing Surabhi Agarwal & Devina Sengupta | ETtech | April 23, 2020, 04:39 IST Facebook and Reliance Jio should be transparent about the data being shared between them, experts said.If the $5.7-billion deal is approved, the two companies together…
Deep State Takedown News: April 18th to 20th 2020
Qanon April 18, 2020 – We Are Ready John Michael Chambers – We Are Ready Made In China The Polygonal Stonework of the Giza Plateau in Egypt (Video) The Economy Will Not Crash, The Foundation Has Been Built – Episode 2152a We Are Ready, Countdown Ended, Indictments Coming – Episode 2152b Body For Awareness Project:…
Where Are We Really From? The Bizarre Theory of the Prison Planet
Google+ Since the dawn of humankind we have sought to explain our origins and answer the fundamental, basic question: where do we come from? In every far-flung culture across every corner of the globe one can find origin myths and legends, each as different as the culture it spawns from.In more recent times we have…
Investor Ideas Potcasts, Cannabis News and Stocks on the Move; Episode 403
Delta, Kelowna, BC – April 22, 2020 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts. Listen to the podcast: https://www.investorideas.com/Audio/Podcasts/2020/042220-StocksToWatch.mp3 Investor Ideas Potcasts, #Cannabis News…