Friday, November 22

Tag: eduardo saverin

The Top 5 Biggest Controversies of Facebook
Story

The Top 5 Biggest Controversies of Facebook

It is rightly said, “Criticism, like rain, should be gentle enough to nourish a man’s growth without destroying his roots." The quote from Frank A. Clark rightly fits in the scenario, where world's biggest media website Facebook is ongoing a heated criticism worldwide post its data breach controversy and Cambridge analytica scandal. But, you would be surprised to know, this is not the first time when the social media giant has been in "hot waters". Right from its foundation, early days to its taking the online world, it has faced numerous brickbats and contention time and again that has garnered a lot of attention worldwide. The company that today has nearly 2.2 billion monthly active users worldwide has witnessed some major controversies time and again. It has faced debacles over priva...
Facebook Co-Founder Eduardo Saverin invested in Mumbai Based Startup
FUNDING

Facebook Co-Founder Eduardo Saverin invested in Mumbai Based Startup

Eduardo Saverin, co-founder of Facebook has invested $13 million (around Rs. 90 crore) in Hopscotch, a Mumbai-based online retailer in a Series C round. Hopscotch is an E-commerce service, focusing on Kids Fashion Wear. Hopscotch is the same company that secured $11 Million funding last year in a Series B round led by Saverin's Velos Partners. It is the first Indian Company in which Saverin has invested so far. (more…)