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Facebook invests $5.7 billion into Jio


FischerTal

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Dangerous oh man. Privacy of Indian citizens will be compromised. Facebook is facing lot of privacy laws with in US. California(CCPL) and Illinois have laws and Europe has GDPR.  China doesn’t use Facebook much. The Facebook scale population is in India. The targeted marketing they do is all closed now. India is an easy target with no privacy laws. Hopefully Indian ICFers take up with the law makers. 

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50 minutes ago, FischerTal said:

Mota bhai has real debt troubles it seems. First the deal with Aramco and now this 

 

No .. reliance have 50% cash vs debt

 

Also Jio borrowed money to buy telecom related assets ie debt converted to assets not NPAs and RIL profits are more than enough to sevice their debts 

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