Facebook acquiring 9.9% stake in Reliance Jio (and other investments)

[pothi]

Initially, it was Microsoft that partnered with Jio. Now, Google is in talks. Facebook wants to go extra mile by eying stock at this crucial juncture when markets are down. Wow.

Edit: Content is behind paywall. Please use the links on other posts.

Facebook eyes multibillion-dollar stake in Reliance Jio

Deal seeking to expand social media giant’s presence in India stalled by coronavirus travel ban

amp.ft.com

 

[ShanksZ]

FB When they see shit tons of personal data

 

[NikhilS]

Facebook eyes multi billion dollar stake in Reliance Jio- FT

Facebook Inc is in talks to buy a multi billion dollar stake in Reliance Industries Ltd’s telecom unit, the Financial Times reported on Tuesday, citing two people w…

business.financialpost.com

 

[JB701]

Source

 

[pothi]

I didn't know ft.com is behind a paywall.

 

[sanke3]

Please no. I don't want another virus called Facebook in my life.

 

[JB701]

I guess the solution is a VPN if there is no choice in your area except Jio.

 

[C3PO]

FB and Jio!! Oh shoot!! A true privacy eating monster in the making. F**k!!!

 

[Dark_Nate]

I guess the solution is a VPN if there is no choice in your area except Jio.

At least Cloudflare WARP. It's good enough to bypass DPI for now...

 

[Sushubh]

Facebook Invests $5.7 Billion in India’s Jio Platforms

Jio and Facebook will work together to open up new opportunities for people and businesses across the country.

about.fb.com

Today we are announcing a $5.7 billion, or INR 43,574 crore, investment in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder.