ACQUISITION Facebook buys Reliance Jio 9.9% Stake for $5.7 billion April 22nd, 2020 Social media giant Facebook acquires 9.9% stake in Reliance Jio USD 5.7 billion.
News Zuckerberg Philanthropic Arm Pledges USD 25M to Fund Researching COVID-19 Treatments March 29th, 2020 The philanthropic arm Zuckerberg family has announced plans to donate USD 25 million to explore possible COVID-19 treatments.
ACQUISITION Facebook Looking to Acquire 10% Stake in India's leading Telecom Company March 25th, 2020 According to Financial Times report, Facebook is in talks to acquire 10% stake in India's leading telecom company Reliance Jio.
FUNDING Unacademy Raises USD 110 mn Led by Facebook & Others February 20th, 2020 Unacademy raises USD 110 million in funding led by social media major Facebook and General Atlantic.
ACQUISITION Facebook Acquire AI Location Accuracy Startup Scape Technologies February 10th, 2020 Social media platform Facebook has acquired London based computer vision start-up Scape Technologies.
ACQUISITION Facebook Acquires Video Gaming Company PlayGiga December 19th, 2019 Social media giant Facebook has acquired cloud based video gaming firm PlayGiga.
ACQUISITION Adobe Acquires Oculus VR Tool Medium from Facebook December 9th, 2019 Facebook owned VR firm Oculus announced that it has sold its 3D VR model building tool Medium to Adobe.
ACQUISITION Facebook Acquire VR Studio 'Beat Games' November 27th, 2019 Facebook owned Oculus, which makes Rift and Quest VR headgear acquire Prague-based Beat Games.
News Facebook Launched Unified Payment System for Messenger, Instagram, WhatsApp November 13th, 2019 Facebook launched a common money transaction system for payment and donation at Messenger, Instagram, WhatsApp.
News Facebook Profit Climbs Even After Criticism over Data November 1st, 2019 Leading Social media platform Facebook posted profit topped $6 billion on revenue that climbed 28 percent to $17.4 billion.
ACQUISITION Facebook Acquires Startup Working on to control Computers Using Brain September 24th, 2019 Social media platform Facebook acquires CTRL Labs, a startup Working on to control computers using Brain.
News Facebook Offering Millions for News Publishing August 9th, 2019 Facebook trying to pay millions of dollars to News publishers for the rights to publish their material on its social media platform.