News Facebook Launched WhatsApp Payment Service in Brazil June 15th, 2020 Facebook founder Mark Zuckerberg makes the announcement of the Whatsapp payment feature launch in Brazil.
News Facebook fires employee who tweeted over coworker not supporting Protest June 13th, 2020 A Facebook employee lost his job after he tweeted about his co-worker not cooperating with him for the silent Black Lives Matter protest.
ACQUISITION Silver Lake & Co acquire additional 0.9% Stake in Reliance Jio June 7th, 2020 Equity fund Silver Lake & Co invest additional $601.40 million Reliance Jio.
News Mark Zuckerberg promises a review of facebook content policies June 6th, 2020 Mark Zuckerberg promised to review the policies of Facebook that led to its decision to not moderate President Trump's post.
FUNDING Gojek raises funding from Facebook and PayPal June 4th, 2020 The investment will boost Gojek operation and accelerate digital payments adoption among small businesses.
ACQUISITION Reliance Jio 5th deal, sells 2.32 pc for $1.5 billion to KKR May 22nd, 2020 Private equity giant KKR will invest $1.5 billion for a 2.32 percent stake in the Reliance Jio.
FUNDING Reliance Jio total funding: Facebook, Silver Lake, Vista Equity Partners & General Atlantic Invests $8.8 billion May 18th, 2020 The US-based private firms invest $8.8 billion in Reliance Jio for 15% Stake, sets an enterprise value of $68 billion.
ACQUISITION Facebook Acquired GIPHY for $400 million May 16th, 2020 Facebook would integrate Giphy's animated graphics in its social network platform Instagram.
ACQUISITION US Firm Silver Lake Acquire 1 Percent Stake in Reliance Jio May 4th, 2020 Silver Lake acquire 1.15 percent stake in India's leading telecom arm Jio for $750 Million.
BUSINESS Facebook revenue grew 17 percent, Posted $4.9 billion profit in Q1 2020 April 30th, 2020 Facebook also reported a sharp jump in usage as the global pandemic in a quarterly result.
News WhatsApp Video Call now supports up to 8 Participants April 29th, 2020 Chat app WhatsApp will now allow up to eight people to connect on a group video call.
News Facebook Launched Messenger Kids With Parental Control April 22nd, 2020 Facebook launched a new online chat app for kids called Messenger Kids to 70 new countries during this virus lock down.
