Facebook Current Affairs - 2020

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…

WhatsApp Chatbot of GoI launched to curb fake news crossed 1.7 crore users

The Government of India had earlier created Whats App Chatbot to curb fake news being spread about COVID-19 virus in the country. About the Chatbot The Chatbot was launched to answer all the queries related to the virus. It is designed to provide all the information related to COVID-19. At first, GoI launched MyGov Corona Read More…

2nd South Asia Safety Summit held in New Delhi

The second edition of South Asia Safety Summit was recently held in New Delhi. It was orgnaised by Union Ministry of Women and Child Development (WCD) and Facebook. It was organized to highlight issue of safety while individuals and communities are connected on the digital platform. Highlights of Summit It saw participants from 125 civil Read More…

Quick Facts: What is CTRL-Labs? Why Facebook is acquiring it?

On 23rd September, 2019, Facebook announced that it will acquire CTRL – Labs, a tech company that makes wrist bands capable of reading minds. The band can transmit electrical signals from brain into computers as digital input. The deal is worth approximately, from 500 million USD to 1 billion USD. This is the most substantial Read More…

Gafa Tax: France to levy 3% tax on Internet giants

The French parliament approved a law dubbed as Gafa Tax (an acronym for Google, Apple, Facebook and Amazon), the legislation will impose a 3% levy on sales generated in the country by non-tax paying online giants. Key Highlights Levying this 3% tax on total annual revenues of largest technology firms providing services to French consumers Read More…