Facebook Current Affairs - 2020

Australia to force US tech giant Facebook and Google to pay news publishers

For the first time in a landmark move to protect independent journalism Australia will force US tech giant Facebook Inc. and Alphabet Inc’s Google to pay Australian media publishers for news content. Thus, Australia will become first such country which will help its native media company to gain royalty under the royalty-style system. If everything Read More…

Qualcomm becomes 12th Foreign Investor in Jio Platforms in Last Three Months

The United States-based Multinational Corporation-Qualcomm has informed on 12th July 2020 that it has invested Rs 730 crore in Reliance Industries’ subsidiary company- Jio Platforms. Rs 730 crore of investment will translate to 0.15 percent of an equity stake for Qualcomm in Jio Platforms. In a matter of 12 weeks since 22nd April 2020, this Read More…

CBSE Facebook Partnership for Introduction of Augmented Reality and to launch Curriculum on Digital Safety and Online Well Being

Union Human Resource Development (HRD) Minister Ramesh Pokhriyal has announced on 5th July 2020 that the Central Board of Secondary Education (CBSE) has entered into a partnership with United States-based social media company Facebook, Inc. About the CBSE Facebook Partnership The partnership between CBSE and Facebook has two categories. Registration under both the categories have Read More…

Intel Capital Invests Rs 1894.50 crore in Jio Platforms

United States-based Intel Corporation’s investment arm Intel Capital will invest Rs 1,894.50 crores in Reliance Industries Limited’s (RIL’s) subsidiary company Jio Platform. The announcement was made by Reliance Industries Limited on 3rd July 2020. With this investment, equity value in Jio Platforms rose to Rs 4.91 lakh crore, while Rs 5.16 lakh crore its enterprise Read More…

RIL becomes first Indian Company to be valued at USD 150 Billion

In rupee term, Mumbai based Indian Multinational conglomerate company, Reliance Industries Limited (RIL) on 19th June 2020 was valued at USD 150 billion following a rise in the share market, this also made RIL the first-ever Indian company to achieve a market value of above Rs 11 lakh crore. The positive growth in the shares Read More…