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Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr

Reliance Industries in a statement said with this, aggregrate investment by Silver Lake in Jio Platforms will be Rs 10,202.55 crore

Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr
Updated On : 06 Jun 2020 | 8:27 AM IST

Facebook to Mubadala: Investors queue up for stake in Jio Platforms

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals announced over as many weeks

Facebook to Mubadala: Investors queue up for stake in Jio Platforms
Updated On : 05 Jun 2020 | 10:02 AM IST

Wealth of US billionaires jumps $500 bn during Covid-19 pandemic: Report

During the 11 weeks from March 18, when US lockdowns started, the wealth of America's richest people surged by over $565 billion, while 42.6 million workers filed for unemployment

Wealth of US billionaires jumps $500 bn during Covid-19 pandemic: Report
Updated On : 04 Jun 2020 | 10:45 PM IST

Facebook, Trump and Twitter controversy: The story so far

It is unclear how Trump could follow through on the threat of shutting down social media companies. President, himself is a heavy user of Twitter with more than 80 million followers

Facebook, Trump and Twitter controversy: The story so far
Updated On : 04 Jun 2020 | 7:42 PM IST

Facebook bets on flawed defence allowing Trump to post dangerous comments

The Facebook chief executive doubles down on a flawed defence of a company policy that allows Trump to post dangerous comments

Facebook bets on flawed defence allowing Trump to post dangerous comments
Updated On : 04 Jun 2020 | 11:33 AM IST

Market Ahead, June 4: All you need to know before the opening bell

Today, a total of 15 companies including DLF, PI Industries, and SRF are scheduled to announce their March quarter results

Market Ahead, June 4: All you need to know before the opening bell
Updated On : 04 Jun 2020 | 8:17 AM IST

Former Facebook staffers denounce Zuckerberg stance on Trump posts

Facebook's current approach, they say, "is not a noble stand for freedom. It is incoherent, and worse, it is cowardly"

Former Facebook staffers denounce Zuckerberg stance on Trump posts
Updated On : 04 Jun 2020 | 8:17 AM IST

Total Reliance: Why investors are betting on Jio Platforms' future

Over the past six weeks, Jio Platforms has raised a striking $10 billion from global investors

Total Reliance: Why investors are betting on Jio Platforms' future
Updated On : 04 Jun 2020 | 7:49 AM IST

Facebook strikes global licensing deal with music label Saregama

Saregama had announced a partnership with music streaming service Spotify last month

Facebook strikes global licensing deal with music label Saregama
Updated On : 03 Jun 2020 | 11:06 PM IST

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings

In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings
Updated On : 03 Jun 2020 | 10:55 PM IST

Facebook, Paypal invest in Indonesian digital payments firm Gojek

Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia

Facebook, Paypal invest in Indonesian digital payments firm Gojek
Updated On : 03 Jun 2020 | 12:29 PM IST

You can now pick music from Saregama collection for Facebook, IG videos

Saregama is India's oldest music label with a music catalogue of over 100,000 songs across different genres, including film songs, devotional music, ghazals and indipop in more than 25 languages

You can now pick music from Saregama collection for Facebook, IG videos
Updated On : 03 Jun 2020 | 10:45 AM IST

Zuckerberg defends not acting on Trump posts after Facebook staff walkout

Some critics posted calls on Twitter for Facebook's independent oversight board to weigh in. But the board will not review any cases until early fall.

Zuckerberg defends not acting on Trump posts after Facebook staff walkout
Updated On : 03 Jun 2020 | 8:38 AM IST

Facebook set to launch Manage Activity feature to help delete posts in bulk

As per the social media tech company, the feature is meant "to make it easy for you to curate your presence on Facebook to more accurately reflect who you are today."

Facebook set to launch Manage Activity feature to help delete posts in bulk
Updated On : 03 Jun 2020 | 7:50 AM IST

Facebook employees' virtual walkout against company's stance on Trump posts

The backlash against big tech's ideological blind spot comes less than a week after Trump signed an executive order escalating his war with social media companies over how they monitor content

Facebook employees' virtual walkout against company's stance on Trump posts
Updated On : 02 Jun 2020 | 8:28 AM IST

AI to machine learning: RIL's $2-billion bet to be a tech tornado

The strategy includes spending over $1.6 billion on buying stakes in 24 tech firms across the US, UK, and India

AI to machine learning: RIL's $2-billion bet to be a tech tornado
Updated On : 01 Jun 2020 | 1:34 AM IST

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown
Updated On : 29 May 2020 | 8:36 AM IST

Facebook launches 'Collab' music-making app to take on TikTok: Details here

Named Collab, the app is currently available for iOS devices and requires invite to download

Facebook launches 'Collab' music-making app to take on TikTok: Details here
Updated On : 29 May 2020 | 8:17 AM IST

US court dismisses anti-conservative bias suit against Twitter, FB, Google

In a ruling on Wednesday, the US appeals court in Washington, DC dismissed the lawsuit and said that the First Amendment rights regulate the government, not the private sector

US court dismisses anti-conservative bias suit against Twitter, FB, Google
Updated On : 28 May 2020 | 2:17 PM IST

Instagram to show ads in IGTV videos, share revenue with content creators

In addition to ads, Instagram would also roll out 'badges' next month that can be purchased by subscribers from their favourite creators

Instagram to show ads in IGTV videos, share revenue with content creators
Updated On : 28 May 2020 | 12:03 PM IST