Read more about Top headlines: Major Twitter hack, Google investment, RIL 5G, and more on Business Standard. From major Twitter accounts of Biden, Bill Gates and Obama hacked, Google buying stake in Jio Platforms to Reliance eyeing 5G network and smartphones, here are top headlines of the day
A series of high-profile accounts were hijacked on Wednesday, with some of the platform’s top voices–including U. S. presidential candidate Joe Biden, reality television show star Kim Kardashian, former US President Barack Obama, billionaire Elon Musk, and rapper Kanye West, among many others–used to solicit digital currency. Nearly two hours after the first wave of hacks, the cause of the breach had not yet been made public. In a sign of the seriousness of the problem, took the extraordinary step of preventing at least some verified accounts from publishing messages altogether. Read More…
to invest Rs 33,737 crore for 7.73% stake in Jio Platforms
With and Facebook both investing billions, India is set to be their next big battleground. On Monday, Sunder Pichai, Inc CEO, said the company will invest $10 billion in India in the next 5-7 years. The cash it has promised through a country-specific fund is nearly double the $5.7 billion that its rival Facebook invested less than three months ago to buy a 9.9 per cent stake in Jio Platforms which controls and various other platforms. Google’s decision is a landmark. Read More…
Giving a sense of the cutting edge technology from the RIL stable, Ambani said homegrown 5G solutions would be available for trials as soon as spectrum was given out. It could be ready for field deployment next year. Earlier this month, the group had launched JioMeet, the country’s first cloud-based video conferencing app, to rival the global major Zoom, in yet another sign of the scale of its tech aspirations. As part of its partnership with Google, Jio also looks to build an Android-based smartphone operating system. Other plans include exporting 5G solutions. The company’s consumer business contributes about 35 per cent to its overall earnings before interest, taxation, depreciation and amortisation.
