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Facebook announced that it has invested US$5.7 billion in Jio

Facebook announced that it has invested US$5.7 billion in Jio Platforms Limited, the digital services subsidiary of Indian conglomerate Reliance Industries Limited (RIL), making Facebook its largest minority shareholder. Photo credit: Panithan Fakseemuang / 123RF The official announcement follows reports that said the social media giant was looking at acquiring a 10% stake in Jio

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Coronavirus Live Update

What startups can do amid Covid-19

This article is from an episode of Matrix Moments by Matrix Partners India, a podcast featuring candid conversations on what it really takes to survive the startup world. This is heavily revised from the original show transcript. For the full interview, go here. With the rapid evolution taking place in the global business environment,

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netflix

Netflix and other streaming platforms switch to SD during COVID-19 crisis

The European Commission  is putting pressure on Netflix  and other streaming platforms to switch to standard definition during periods of peak demand as the coronavirus crisis puts unprecedented load on Internet infrastructure. Across the European Union  — a region with around 445M citizens —  it’s likely many millions of office workers will switch to teleworking, as countries

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