11–20 of 183 posts
Wow! Very interesting news. (Bad for us consumers ofcourse.) Reliance Jio is focusing on vertical integration by even building and rolling out their own 5G tech ( https://content.techgig.com/jio-develops-in-house-5g-tech-ai... ). And I am sure they plan to expand to other countries in 5 years or so. It will be very interesting to watch how they change the telecom industry in these countries too, in the future. Specul…
explain?
Previously Softbank was the largest because of its $2.5B investment in Flipkart (which was India's answer to Amazon.. last year Walmart bought it and Softbank had a successful exit).
This is really bad for democracy.
JIO is deeply embedded into the rural populace. Exactly the ones who are vulnerable to disinformation campaigns.
And facebook just bought a key to the gates.
I wish government would stop these foreign investment sometimes especially into important pillars of the internet. I am okay with small startups getting investment but this is just bad. Jio is already terrible at tracking and they are the first ones to censor you when some high court cries foul.
>I am okay with small startups getting investment They can also be worst. During the period April 2015-March 2020, of the 30 Indian unicorns (companies with over $1 billion valuation), 18 were funded by Chinese companies and we all know how much china firms is controlled by their government.
What India required is: 1. Company themselves don't sellout morality for money. 2. Regulators keep a close eyes. 3. Indian citizen too make their voice heard on wrong things.
I wish government would stop these foreign investment sometimes especially into important pillars of the internet. I am okay with small startups getting investment but this is just bad. Jio is already terrible at tracking and they are the first ones to censor you when some high court cries foul.
India is a developing nation and it will have to depend on foreign investment unless zero corruption government help local business out. What is required to do that ministry keep a close eye before agreeing on such deals and afterwards like in case of internet.org initiatives. >I am okay with small startups getting investment They can also be worst. During the period April 2015-March 2020, of the 30 Indian unicorns (…
What india needs is to invest in their own businesses and stop using imported goods just because they are cheap. They are cheap because their countries invested in infrastructure to make it possible while indian government continues to raise taxes on imported goods while doing nothing about the abysmal lack of infra and good education. It hinders those who need imported stuff because it's not available in india. The regulation is a joke too. We don't need more regulations than we already have. We need less but have them more strictly enforced and accessible so people can actually see stuff rather than hearing it from a lawyer who isn't updated on the issue themself
Why does Zuck want India so bad? [this is rhetorical, we know the business potential] Is this some sort of ego-compensation ever since China sent him home?
Inequality is a great thing and it works pretty good for ad networks as well as social media. The population hops to the cheapest solution while locking in the others with them due to the network effect.
This is too much control for one company. This is really bad for democracy. JIO is deeply embedded into the rural populace. Exactly the ones who are vulnerable to disinformation campaigns. And facebook just bought a key to the gates.