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Shrijan Soni May 1st, 2020 10:47 AM 0 COMMENTS

Facebook-Jio Deal Will Give Better Shopping Experience to Users: Mark Zuckerberg

Facebook recently added Reliance Jio as a friend by investing a whopping amount of Rs 43,574 crore for 9.99% stake in Jio platforms. As an effect of the partnership, Reliance JioMart was available in Facebook-owned platform WhatsApp in some parts of Mumbai. The immediate impact of the merger between the companies will significantly help the small businesses in India. Also, the instant-messaging platform giant has promised a better shopping experience... Read More

Shrijan Soni April 27th, 2020 5:04 PM 0 COMMENTS

Reliance JioMart Goes Live on WhatsApp in Some Areas of Mumbai

Reliance JioMart is available on Facebook-owned platform WhatsApp in some parts of Mumbai. Some days back, the instant messaging platform giant Facebook invested Rs 43,574 Crore in Jio platforms. The availability of JioMart on WhatsApp seems to be the effect of the deal between the companies. However, the service is available to users who live in Navi Mumbai, Thane and Kaylan situated in Mumbai. It is expected that the service... Read More

Shrijan Soni April 24th, 2020 4:23 PM 4 COMMENTS

Facebook Might Start Showing Ads in WhatsApp After Unification of Messaging Platforms

Facebook has nearly acquired all the major messaging platforms, including Instagram and WhatsApp. The Facebook-owned app WhatsApp is planning to serve ads to its users. Facebook earlier dropped the plans of showing ads in WhatsApp. However, as per the media reports, WhatsApp users might witness Ads in future. Facebook and Instagram Platforms already leverage the Ads section and shows users different types of Ads as per their interest and specifications.... Read More

Shrijan Soni April 23rd, 2020 2:30 PM 0 COMMENTS

CCI to Overlook $5.7 Billion Acquisition Deal Between Facebook and Jio

Recently, Facebook has acquired a 9.99% stake in Reliance Jio by investing Rs 43,574 crore into Jio Platforms. The investment by Facebook is the largest foreign Direct Investment (FDI) in the technology sector of India. Since Facebook has nearly 328 Million users in India and Reliance Jio has 388 million subscribers, combined data sharing of the companies will provide an undue advantage to the companies over their rivals. To ensure... Read More

Bala Yogesh April 22nd, 2020 10:38 AM 8 COMMENTS

Facebook Adds Jio as Friend by Investing Rs 43,574 Crore for 9.99% Stake

Reliance Industries, Jio Platforms and Facebook on Wednesday announced the signing of an agreement for an investment of Rs 43,574 crore (US$5.7 billion) by Facebook into Jio Platforms. The investment from Facebook into Jio Platforms will translate to a 9.99% equity stake. Jio Platforms, a wholly owned subsidiary of Reliance provides digital services and currently connects over 388 million subscribers through its Reliance Jio platform. In a release, it was... Read More

Shrijan Soni April 16th, 2020 4:12 PM 2 COMMENTS

Reliance Industries and Facebook Might Create Multi Purpose App for Users

Reliance Industries and Facebook are planning to create a multi-purpose app for users which will allow them to buy groceries through Reliance Stores, make payment using JioMoney and many more. Not only this, both the companies have hired top consultants and lawyers based in the US to explore all the aspects. Also, it is expected that Facebook will use its WhatsApp platform and leverage the new app by integrating existing... Read More

Sneha Bhardwaj March 25th, 2020 1:25 PM 6 COMMENTS

Facebook Might Buy Multi-Billion Dollar Stake in Reliance Jio

Reliance Jio has been the only company which directly competes with US companies in the Indian market. Currently, the subsidiary of Reliance Industries, Reliance Jio has gained attraction from Facebook. The American giant is planning to buy a multi-billion dollar stake in Reliance Jio. As per a report by Financial Times, Facebook is planning to acquire a 10% stake in Reliance Jio. Currently, Reliance Jio is approximately valued at 60... Read More

Bala Yogesh March 25th, 2020 11:59 AM 4 COMMENTS

Netflix, Facebook and YouTube Will Aid in Easing Network Congestion for Indian Telcos

Netflix, Facebook and YouTube have said that the companies will do their bit to ease the network congestion across India and the globe. The move from the American giants comes at a time when India has gone into a complete lockdown for 21 days and as millions go online to complete their professional work tasks. While Netflix has stressed that users can continue to watch Ultra-High Definition videos, if that is... Read More

Chakri K January 17th, 2020 4:33 PM 1 COMMENTS

Facebook Decides Against Showing Ads in WhatsApp: Report

In what could be great news for WhatsApp users around the globe, Facebook seems to be dropping the plans of showing ads inside WhatsApp. Last year, Facebook confirmed that it would be pushing advertisements between WhatsApp Statues similar to Instagram Stories. Facebook's decision to display ads in WhatsApp made the instant messaging platform's founders leave the platform. Brian Acton and Jan Koum decided to leave the company after Facebook's decision... Read More

Chakri K July 23rd, 2019 10:53 AM 0 COMMENTS

Facebook Messenger Kids Service Exposed Children on Group Chats With Unauthorised Users

Facebook has admitted a design flaw in its Messenger Kids Service that exposed thousands of children on group chats with unauthorised users. According to a report in The Verge on Tuesday, the design flaw "allowed users to sidestep that protection through the group chat system, thereby letting children enter group chats with unapproved strangers". The social networking platform introduced Messenger Kids in 2017 and is aimed at kids under 13... Read More

Sneha Bhardwaj May 24th, 2019 10:36 AM 0 COMMENTS

Facebook Removes More Than 3 Billion Fake Accounts in the Last Couple of Quarters

Facebook has removed more than three billion fake accounts in the October 2018-March 2019 period, saying that about 5% of its monthly active users were fake. Facebook disabled 1.2 billion accounts in Q4 2018 and 2.19 billion in Q1 2019. "For fake accounts, the number of accounts we took action on increased due to automated attacks by bad actors who attempt to create large volumes of accounts at one time,"... Read More

Sneha Bhardwaj April 19th, 2019 9:46 AM 0 COMMENTS

Facebook Exposes Instagram Passwords of Several Users

A day after admitting it "unintentionally" uploaded emails of nearly 1.5 million new users, Facebook has now revealed that millions of Instagram passwords were stored on its servers in a readable format. Last month, Facebook said that it fixed a security issue wherein millions of its users' passwords were stored in plain text and "readable" format for years and were searchable by thousands of its employees. The company on Thursday... Read More