Reliance Jio on Thursday announced the results for the first quarter of 2020. In its quarterly report, the company said that its profits is increased by the 182.8% from ₹891 crores in the first quarter of 2019 to ₹2,520 crores in the first quarter of 2020. The company also announced that it had added 15.1 million new customers despite the Covid-19 pandemic and that its total customer base at the end of June 30, 2020, stood at 398.3 million. Reliance Jio, in its quarterly report, also revealed that its wireless…
Read MoreDay: July 30, 2020
Facebook bought Instagram to quash competitor, documents show !!
Before Facebook Chief Executive Officer Mark Zuckerberg signed a deal to acquire Instagram, he proposed the idea to the photo-sharing startup’s co-founder Kevin Systrom, who was not interested. “Will he go into destroy mode if I say no?” Systrom asked a board member. “Probably,” replied Matt Cohler, the venture capitalist and early Facebook employee. Then Cohler added that Facebook it would likely to go into destroy mode either way. The exchange was one of several potentially damning pieces of evidence in documents obtained by the US House Judiciary subcommittee on antitrust,…
Read MoreNew Education Policy 2020 Highlights: School and higher education to see major changes !!
New Education Policy was launched on Wednesday, July 29. Earlier, in the afternoon the Union cabinet approved the policy that aims to overhaul the country’s education system. Union Ministers for Information and Broadcasting (I&B) Prakash Javadekar and Human Resource Development (HRD) and Ramesh Pokhriyal Nishank, made the announcement on the NEP- 2020. Earlier on May 1, Prime Minister Narendra Modi had reviewed the NEP- 2020, for which draft was prepared by a panel of experts led by former Indian Space Research Organisation (ISRO) chief K Kasturirangan. The NEP 2020 aims at making “India…
Read MoreGoogle’s Search dominance deserves hot-seat scrutiny !!
The main event has arrived. On Wednesday, and for the first time as a group, the CEOs of four of the biggest technology companies — Amazon.com Inc., Apple Inc. and Facebook Inc. and Google parent Alphabet Inc. — will go before a U.S. House subcommittee to address allegations of monopolistic practices and abusing the power of their platforms to crush or stifle competitors. Each of the giants is vulnerable in its own way. Apple, for instance, has come under an increasing scrutiny for the onerous terms of its App Store, which has become a…
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