"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Apart from HTC First, Facebook will also make the new user interface available on the Google Play store for other Android users.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
While Mahindra isn't the first person to think that building a social network out of India was a good idea, past attempts have all failed to compete with the multi-billion dollar giants Google, Facebook, Twitter, Instagram, WhatsApp and the like.
The new website will look like Facebook with news feeds, but offer work and personal pages, according to 'zdnet.com' which quoted a report in the Financial Times.
Mark Zuckerberg, the 29-year old chief executive who co-founded Facebook in his Harvard dorm room, said the company was beginning to reap the benefit of investments to retool certain products.
Facebook founder Mark Zuckerberg's personal fortunes have soared, thanks to investment fund GSV Capital's recent stake in the social networking site which has put the Harvard dropout at a worth higher than Google founder Sergey Brin and Larry Page.
Social networking giant Facebook, which plans to raise USD five billion through an IPO, has said India is a key source for its future growth and its user base in the country has more than doubled in the past one year.
Xiaomi, which sells its phones exclusively through e-commerce website Flipkart.com in India, is looking to find a foothold in a market that has at least 80 different phone companies fighting it out for market share.
The parliamentary committee on IT has recently been in the news for asking global representatives of Twitter, Facebook, WhatsApp and Instagram to present their views on misuse of social media platforms and its impact on citizens.
The US launched an investigation, focusing on whether the tax in India and other countries discriminated against American companies, were retroactive, and reflected unreasonable tax policy.
Orkut, which popularised posts or 'scraps' between friends, did not disclose the number of users on the website.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
This is a significant move by Facebook considering the backlash it had from various quarters in India following debates on net neutrality
Over the last few days there has been a constant scrutiny over Facebook having access to your SMS. Buried within the latest update for Facebook's Android app is a feature that is causing growing concern among some users.
The new tool lets users search for recommendations from friends.
According to the report, Facebook has invited media through the event to its headquarters in Silicon Valley city of Menlo Park where 'a small team working on a big idea' will unveil something which is still undisclosed.
Google is learning the ABCs of conglomerate life.
Downloading songs, movies, books? You may have to pay tax on it.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
It's a twist that is sure to have some telecom bosses in Barcelona gritting their teeth.
There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.
An encyclopedia to the best Durga Pujo eating.
"We are proud of what is happening in India and share Prime Minister's vision of digital India," Pichai said.
With one million users in Brazil, and 35,000 here in India within three weeks -- are we going to witness an encore from Orkut Bykkkten?
Investors want to see evidence that CEO Mark Zuckerberg's 8-year-old company is delivering on promises to develop a full-fledged mobile advertising business.
'The election results mean that the Opposition can no longer either be ignored or attacked in the way that it has been.' 'For this reason it will be interesting to see how it behaves from here on and whether there is any change in its behaviour,' notes Aakar Patel.
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
Facebook CEO Mark Zuckerberg on Sunday announced that Prime Minister Narendra Modi will visit Facebook's headquarters in California for a townhall question and answer session on September 27.
The latest claim to come from the trove of secret documents revealed by Edward Snowden has reportedly pointed out that the US intelligence agency allegedly used 'leaky' mobile apps to carve out user data for surveillance.
Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.
India isn't just a testbed for SHAREit to find and perfect a new business model, but also the start of the company's globalisation dreams.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
A total of Rs 396 crore has been mopped up, as on August 20 against Rs 407 crore collected in the same period last year. This was despite the expansion of the levy to online e-commerce players from this financial year.
Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.
It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.
For the first time, Internet giant Google is to open Gmail, YouTube and some of its other services to children under the age of 13, according to media reports.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
There are really three parts to this answer: getting the right experience, creating a good resume, and submitting it the right way.
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