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://abs.twimg.com/emoji/v2/... draggable="false" alt="đź’ľ" title="Floppy disk" aria-label="Emoji: Floppy disk"> https://qz.com/india/1842767/reliance-jio-and-facebook-are-sitting-on-a-goldmine-of-data/">https://qz.com/india/184...
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Thinking face" aria-label="Emoji: Thinking face"> 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/ ">https://qz.com/india/184...
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤝" title="Handshake" aria-label="Emoji: Handshake"> With the world& #39;s largest messaging app and India& #39;s biggest telecom firm showing interest in online grocery delivery, there& #39;s enough reason for incumbents to have sleepless nights, says @_ananyaaa. https://qz.com/india/1842770/ ">https://qz.com/india/184...
https://abs.twimg.com/emoji/v2/... draggable="false" alt="📲" title="Mobile phone with rightwards arrow at left" aria-label="Emoji: Mobile phone with rightwards arrow at left"> 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/ ">https://qz.com/india/184...
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👍" title="Thumbs up" aria-label="Emoji: Thumbs up"> 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/">https://qz.com/india/184...
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