Facebook operates as a social networking company worldwide, enabling people to connect, share, discover, and communicate with each other on mobile devices and personal computers. The company was founded in 2004 and is based in Menlo Park, California.
For nearly two months, Facebook has been scrambling to get a handle on a wave of criticism over its policies on moderating content, particularly hateful speech and misinformation that spreads on its platforms.
US chipmaker Qualcomm announced today that it’s investing $97 million (₹730 crores) in Jio Platforms in exchange for a 0.15% stake in the company. Qualcomm is the second chipmaker to pump money in Jio Platforms after Intel invested $253 million to pick up a 0.39% share. In past few months, Jio has raised a total of $15.73 billion from 13 investors including some prestigious names such as Facebook, Silver Lake Partners, and General Atlantic. In exchange, the Indian company has given up 25.24% stake of the firm. Reliance Jio has already raised more capital in 2020 than all of India’s… This story continues at The Next Web