This week, India saw its largest-ever foreign direct investment in tech with Facebook buying 9.99% in
Reliance Jio.

This #FiveForFriday looks at the impact of the $5.7 billion #JioFacebook deal:

What will happen to our data, asks @manavikapur https://qz.com/india/1842767/reliance-jio-and-facebook-are-sitting-on-a-goldmine-of-data/

As the world stares into an economic abyss, India’s richest man #MukeshAmbani is already looking at a hugely profitable #PostCovid19 business scenario with the #JioFacebook deal, writes @sharma_niaa. https://qz.com/india/1842755/ 

With the world's largest messaging app and India's biggest telecom firm showing interest in online grocery delivery, there's enough reason for incumbents to have sleepless nights, says @_ananyaaa. https://qz.com/india/1842770/ 

What takes the deal beyond the realm of corporate dynamics are recent moves by India’s central bank, explains @tanvi_ratna. https://qz.com/india/1843624/ 

Facebook has no option but to get its act together in India, and #RelianceJio could be a big help, writes @_ananyaaa. https://qz.com/india/1843233/the-reliance-jio-deal-could-help-revamp-facebooks-image-in-india/