'As a platform, we are saying, if we are told to break encryption, then WhatsApp goes.'
The Supreme Court on Tuesday agreed to hear a plea of Facebook Inc for transfer of cases related to demands for linking of social media profiles of users with Aadhaar number, pending before the high courts of Madras, Bombay and Madhya Pradesh to the apex court.
A bench of justices Deepak Gupta and Aniruddha Bose said, "At this stage we do not know whether we could decide this issue or the high court will decide."
The Delhi high court dismissed the appeals of WhatsApp and Facebook on Thursday against an order rejecting their challenge to a probe ordered by the Competition Commission of India (CCI) into the instant messaging platform's updated privacy policy of 2021.
Expressing serious concern over some social media platforms not being able to trace the originator of a message or an online content, a bench of justices Deepak Gupta and Aniruddha Bose said the government must step in now.
The plea was filed by advocate Chaitanya Rohilla who stated that WhatsApp changed its privacy policy in "most arbitrary manner" and had made it compulsory for its users to accept its terms and conditions, failing which the accounts and services would be terminated after February 8, 2021 for the respective user.
Facebook has a market capitalisation of around $29.7 billion and when the company went public its market value was about $104 billion.
Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 lakh crore.
During the short hearing, Justice Prathibha M Singh took strong objection to an email sent by WhatsApp to the court. "I was in any case not going to hear it," the court clarified and sent the matter to another bench recording that the email sent by WhatsApp should be withdrawn unconditionally.
Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site, a media report said.
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
The Supreme Court Thursday dismissed a plea filed by Facebook India Vice President and MD Ajit Mohan challenging the summons issued by the Delhi Assembly's Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots last year.
Taking note of the concern by petitioners Karmanya Singh Sareen and Shreya Sethi, the high court wished to examine the issue and asked the concerned authorities to file their reply by September 14.
A large part of the work that CEO Sumit Gupta does is focused on educating users and the larger community about investing in cryptocurrencies, reports Neha Alawadhi.
A bench of justices S K Kaul, Dinesh Maheshwari and Hrishikesh Roy reserved its verdict after lawyers representing Facebook official, Delhi assembly and the Centre wrapped up submissions on the plea of Mohan challenging summons issued by the Peace and Harmony committee for failing to appear before it as witness in connection with the north-east Delhi riots matter.
Justice Rajiv Sahai Endlaw made these observations while hearing submissions on behalf of Instagram handle Herdsceneand - which sought to maintain anonymity in a suit filed against it by artist Subodh Gupta seeking removal of the allegedly defamatory content made against him on social media.
Facebook Inc is harnessing satellite, drone and other technology as part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world.
Caterina Fake, the CEO, believes that there is still space for social networking apps.
The plea, filed through advocate Vivek Narayan Sharma, had said that the public interest litigation was necessitated due to the alleged failure of the Centre in carrying out its constitutional duty and responsibility to protect the rights to privacy and freedom of speech and expression of the citizens of India.
Facebook expects ad revenues to slow down in current year.
The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook.
The Indian government on Tuesday posed 14 questions to WhatsApp on its "invasive" changes in Terms of Service and Privacy Policy.
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places the world's largest social network closer to the heart of mobile communications and may bring younger users into the fold.
Twitter CFO Mike Gupta grilled banks about how to sidestep the problems that beset Facebook's IPO from start to finish.
While Facebook's CEO had shown up in a hooded sweatshirt and sneakers, Twitter's executives were clad in dark suits as they pitched investors over plates of pesto chicken salad and raspberry tart.
Twitter has filed for an initial public offering with US regulators.
Let's take a look at 15 quotes that define Mark Zuckerberg's life and business.
Maps and navigation services have become a key asset for tech companies as consumers increasingly adopt mobile devices.
The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.
It's a twist that is sure to have some telecom bosses in Barcelona gritting their teeth.
There was more interest in the social networking's stock that closed 2.3 per cent higher.
The microblogging network priced 70 million shares at $26, above the targeted range of $23 to $25, which had been raised once before.
Facebook Inc on Thursday unveiled its most ambitious attempt yet to enter mobile computing without a phone of its own, introducing a new app that replaces the home screen on some Android smartphones.
The deal, as well as some other strategic and financial investments in works, will help Ambani cut debt at RIL.
Apps from CNN, Elle, Tumblr and Evernote are among half-dozen new apps for Glass unveiled during Google's annual developer conference.
Due diligence is underway after a term sheet was signed.
The new tool lets users search for recommendations from friends.
Called the 'graph search', it allows users to search people, places with the social network.
Google Inc Executive Chairman Eric Schmidt predicts that there will be more than a billion smartphones in use featuring its Android software within the next six to nine months.
Twitter's new release came days after Instagram unexpectedly said it would no longer allow Twitter to display Instagram photos.
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