By Nupur Anand MUMBAI, Jan 11 (Reuters) – At least 10 Indian lending apps on Google’s Play Store, which have been downloaded millions of times, breached Google rules on loan repayment lengths aimed at protecting vulnerable borrowers, according to a Reuters review of such services and more than a dozen users. Four apps were taken down from the Play Store – where the vast majority of Indians download phone apps – after Reuters flagged to Google that they were violating its ban on offering… Source link
Read More »Google leads $145M investment in India’s Glance; backs DailyHunt in $100M round – TechCrunch
Indian startup Glance, which serves news, media content, and games on the lock screen of over 100 million smartphones, has a new investor: Google. The two-year-old Glance, which is part of advertising giant InMobi Group, said on Tuesday that it has raised $145 million in a new financing round from Google and existing investor Mithril Partners. The new round values Glance at over $1 billion, a person familiar with the matter said, making the startup a… Source link
Read More »Yahoo India’s Top 10 ‘Most Searched Politicians’ of 2020
Globe Newswire Global AI-Enabled Imaging Modalities Market Analysis and Forecast, 2019-2020 & 2030 Dublin, Dec. 01, 2020 (GLOBE NEWSWIRE) — The “Global AI-Enabled Imaging Modalities Market: 12 Countries Analysis – Analysis and Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering. Global AI-Enabled Imaging Modalities Market to Reach $2.64 Billion by 2030Global AI-enabled imaging modalities market is currently witnessing a significant change in the market… Source link
Read More »India’s Jio Platforms Is Emerging as a Tech Star. Google and Facebook Are Betting on It.
Text size A man talks on a mobile phone outside a store of Reliance Jio, the mobile network of Reliance Industries Ltd., in Mumbai, India, on Sunday, Jan. 19, 2020. Dhiraj Singh/Bloomberg … Source link
Read More »Google Joins Facebook in Investing in India’s Jio Platforms. China Stands to Lose the Most.
Welcome to Foreign Policy’s South Asia Brief, the newsletter that covers the region comprising Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka. This week: Google invests $4.5 billion in India’s Jio Platforms, South Asia records 1.5 million coronavirus infections, mass flooding hits Bangladesh, and Nepal picks a new fight with India. If you would like to receive South Asia Brief in your inbox every Thursday, please sign up here.
Read More »Google backs India’s Reliance Jio – TechCrunch
Reliance Jio continues to add billions of dollars to its bank account, Apple scores a tax victory in Europe and researchers test a system for undersea Wi-Fi (with lasers!). Here’s your Daily Crunch for July 15, 2020. Google invests $4.5 billion in India’s Reliance Jio Platforms Another giant tech company has invested in India’s largest telecom, following Facebook’s investment a couple of months ago. Reliance Jio has raised about $20.2 billion in the past four months — more… Source link
Read More »Google to Invest $4.5 Billion in India’s Jio Platforms
Alphabet Inc.’s Google will invest about $4.5 billion in Jio Platforms Ltd, the company behind India’s largest telecom provider by subscribers, giving the American tech giant a powerful partner for its plans to get hundreds of millions more people online. Google will take a 7.7% stake in Jio, which brought the internet to millions of people who previously couldn’t afford it by offering inexpensive handsets and data plans. It now has more than 388 million subscribers. … 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
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