Facebook has invested $5.7 billion for a 10% stake in Jio Platforms, an Indian tech company that includes the nation’s largest wireless provider, Reliance Jio. The deal, which Jio said values its business at roughly $66 billion, is a strong signal of Facebook’s interest in expanding its presence in India. Facebook CEO Mark Zuckerberg said in a post announcing the deal that the two companies...
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Are Reporters Too Negative? Well, It Depends
These days, when I ask sources in Silicon Valley what I should write about, I get some version of: “The big story is really how great everything is going.”At that I roll my eyes. As a journalist, I’m wired to believe that the hype isn’t always as it appears. But lately I’ve been thinking more about the negative consequences of—well, being so negative. Because it’s also true that these...
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