Facebook, Whatsapp, Privacy Policy
Business

Parliament panel questions Facebook on WhatsApp’s privacy policy changes

By Administrator_India Capital Sands Facebook executives on Thursday fielded questions from an Indian parliamentary panel about changes to WhatsApp’s privacy policy, days after the country’s technology ministry asked the messaging platform to withdraw them. The committee asked why Facebook needed to change WhatsApp’s privacy terms and how it will impact users, a panel member told reporters on condition […]

US govt, 48 states sue Facebook for abusing power to crush smaller rivals
International

US govt, 48 states sue Facebook for abusing power to crush smaller rivals

By Administrator_India Capital Sands The US government and 48 states have filed parallel lawsuits against Facebook, accusing the social media giant of anti-competitive conduct by abusing its market power to create a monopoly and crushing smaller competitors. Soon after the Federal Trade Commission (FTC) and 48 state attorney generals on Wednesday sued the company, Facebook’s shares dropped significantly at […]

Facebook invests $5.7 billion in Reliance Jio
Reliance Jio

Facebook invests $5.7 billion in Reliance Jio

By Administrator_India Capital Sands Facebook Inc announced a $5.7 billion investment in Reliance Industries Ltd’s telecom unit on Wednesday, making it the largest minority shareholder in Jio Platforms Limited. The social media giant said it would focus on collaborating its messaging platform WhatsApp with Reliance’s e-commerce venture JioMart to enable people to connect with small […]