CurrencyFeaturedFacebook rebrands Libra as Diem to get regulatory approvalPritam BordoloiDecember 3, 2020 by Pritam BordoloiDecember 3, 2020 The independent organisation that runs the project, the Libra Association, will now be known as the Diem Association... Read more
FeatureTechnologyFacebook launches robot for telecom infrastructureInternational Finance Business DeskAugust 7, 2020August 10, 2020 by International Finance Business DeskAugust 7, 2020August 10, 2020 NetEquity Networks has been identified as the first partner to deploy fiber networks using this technology... Read more
MagazineTechnologyThe rise of crypto adoption in AfricaWebAdminJuly 22, 2020August 11, 2020 by WebAdminJuly 22, 2020August 11, 2020 Facebook’s Libra and CBDCs are contributing factors to increase the popularity of cryptocurrency in Africa... Read more
FeaturedTelecomUncategorizedGoogle to acquire 7.7% stake in Reliance Jio for $4.5 bnPritam BordoloiJuly 16, 2020July 16, 2020 by Pritam BordoloiJuly 16, 2020July 16, 2020 Both parties will develop smarter and cheaper JioPhone with Android OS for India... Read more
FeaturedTelecomIntel Capital invests $253.5 mn in Jio PlatformsPritam BordoloiJuly 3, 2020 by Pritam BordoloiJuly 3, 2020 Intel will acquire a 0.39% stake in Jio Platforms... Read more
FeaturedTelecomSaudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio PlatformsPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 PIF will acquire a 2.32% stake in Jio... Read more
FeaturedTelecomAbu Dhabi Investment Authority buys 1.16% stake in Jio for $752 mnPritam BordoloiJune 8, 2020June 8, 2020 by Pritam BordoloiJune 8, 2020June 8, 2020 So far, Reliance has now sold just over 21% of Jio Platforms... Read more
FeaturedTelecomMubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bnPritam BordoloiJune 5, 2020June 5, 2020 by Pritam BordoloiJune 5, 2020June 5, 2020 So far, Reliance has sold a combined 19% interest in Jio... Read more
FeaturedInvestment and fundingMicrosoft to invest $2 bn in India’s Reliance’s Jio PlatformsPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 So far, Jio has raised around $10 bn from investors such as Facebook, Silver Lake, KKR and Vista Equity Partners... Read more
FeaturedTechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more