Facebook is planning a “multibillion-dollar” investment in Reliance Jio, the largest mobile network carrier in India, according to the Financial Times. If it happens, the investment would signify the importance of India for Facebook’s future growth. Facebook-owned WhatsApp is already one of the most used mobile apps in India, and the social network attempted to provide free internet access in...
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Why DOJ’s Damaging Evidence Against Google May Not Be Enough to Break Up the Company
Justice Department lawyers on Tuesday revealed embarrassing details about Google’s conduct in the online ad industry as part of a new antitrust lawsuit. Despite evidence and allegations that Google rigged advertising auctions and effectively stole money from website publishers that rely on the company’s advertising tools, the DOJ will have a hard time winning the case and breaking...
Intel Shares Plummet After Weak Earnings, Sales Forecast
SAP Lays Off 2.5% of Workforce, Eyes Sale of Qualtrics Stake
Comcast’s Peacock Loses Nearly $1 Billion in Q4
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