Sundar Pichai, Alphabet CEO. David Paul Morris | Bloomberg | Getty Images Google confirmed Wednesday it’s investing $4.5 billion into Indian digital services firm Jio Platforms in exchange for a 7.7% stake in the company, which is valued at $65 billion. The investment, reported by Bloomberg on Tuesday and confirmed by Google VP Sameer Samat in a blog post, comes less than four months after Facebook said it was pumping $5.7 billion into Jio Platforms. Owned by Mukesh Ambani’s Reliance… Source link
Read More »Monthly Archives: July 2020
Google invests in Indian internet giant Jio and plans new ‘affordable’ smartphone
Google is investing $4.5 billion for a 7.73 percent stake in Jio Platforms, an Indian internet giant that offers broadband, mobile services, and online commerce platforms, the company announced today. The investment, which is pending regulatory review, is part of Google’s commitment to invest around $10 billion in India over the next five to seven years. It follows a similar move from Facebook to invest $5.7 billion for a 9.9 percent stake in the company earlier this year. Jio Platforms… Source link
Read More »Google’s Jio investment hands Reliance’s Mukesh Ambani another $4.5 billion
Google (GOOGL) will pump $4.5 billion into Mukesh Ambani’s Jio Platforms, the digital technology arm of sprawling conglomerate Reliance Industries. That gives Google a 7.7% stake in the company, the companies announced Wednesday. The investment includes a deal to jointly develop an entry level, affordable smartphone and “expand the benefits of digitization across the length and breadth of India,” they said. The deal values Jio at about $58 billion. Jio Platforms includes India’s biggest mobile… Source link
Read More »Google Meet Upgrade Aims To Make Zoombombing A Thing Of The Past
Presentations and classes without gatecrashers are promised with the latest Google Meet upgrade. Google Google Meet has just announced an update which will mean that Zoombombing is history. It’s been confirmed that it will be rolled out to G Suite for Education customers and was announced in the G Suite Updates blog and picked up by Damien Wilde at 9to5Google. MORE FROM FORBESThree More Things Nobody Told You About Apple Watch watchOS 7By David Phelan… Source link
Read More »Google invests $4.5 billion in India’s Reliance Jio Platforms – TechCrunch
Google has become the latest high-profile firm to back India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The investment today from Google is one of the rare instances where the Android-maker has joined its global rival Facebook in backing a firm. Facebook invested $5.7 billion in Reliance Jio Platforms, which has amassed over 400 million… Source link
Read More »Yahoo Japan to hire 100 moonlighters for strategic planning
TOKYO — Yahoo Japan, a subsidiary of Z Holdings, announced Wednesday that it will conclude work contracts by the end of September with more than 100 people employed by other companies but are allowed to hold side jobs. The move is aimed at hiring workers of various backgrounds for strategic planning to promote technological innovation amid increasing competition in digital business fields including e-commerce and media services. It is rare for a Japanese company to hire so many… Source link
Read More »Secret Trump order gives CIA more powers to launch cyberattacks
The Central Intelligence Agency has conducted a series of covert cyber operations against Iran and other targets since winning a secret victory in 2018 when President Trump signed what amounts to a sweeping authorization for such activities, according to former U.S. officials with direct knowledge of the matter. The secret authorization, known as a presidential finding, gives the spy agency more freedom in both the kinds of operations it conducts and who it targets, undoing many restrictions… Source link
Read More »Yahoo DFS Soccer: Wednesday EPL Picks
MATCHES (ET) For detailed stats and odds, check out the Yahoo Fantasy Soccer: Wednesday EPL Cheat Sheet FORWARD Mohamed Salah, LIV at ARS (£29): Salah is averaging nearly five shots per match since returning to the starting XI as Liverpool face a side that scored at least three goals against in eight of their past nine matches across all competitions. Salah has the third-best goal scoring odds and still has an outside chance at the Golden Boot, though keep an eye out as he’s played 90… Source link
Read More »Chris Haynes on NBA tip hotline, LeBron’s pledge & Jimmy Butler’s in-room workout [Video]
Yahoo Sports senior NBA insider Chris Haynes joined “NBA on TNT Tuesday” to report on players calling the league’s anonymous hotline to report player transgressions, the Lakers superstar’s sacrifice in the bubble and the Heat star’s late-night visit from security. Source link
Read More »Washington’s name change is official, COVID testing uncertainty and two massive DE extensions
Subscribe to The Yahoo Sports NFL Podcast After news broke over the weekend, Monday morning made official a change that has been coming for decades, the franchise in Washington is retiring their former nickname and a new name will be announced soon. Terez Paylor & Charles Robinson dedicate the first half of the podcast to this news, the team’s timeline for a new name, the place of Native American imagery in the NFL and where the Kansas City Chiefs fit into that discussion. (2:30) They also… Source link
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