Updated Dec 15, 2020 | 21:37 IST
Facebook launched WhatsappPay a month ago, and it took a couple of years for it to get all the requisite regulatory approvals. Mark Zuckerberg India is a very special and important country for us. Millions of people here use our products every day to stay in touch with friends and family. Whether it s a WhatsApp message, or a Facebook post, or photos on Instagram. And millions of small businesses across the country use WhatsApp business and Messenger to reach customers, manage orders, and grow their businesses. And in fact, we actually test some of our new features here first, before rolling them out globally, said Facebook s Founder Chairman & CEO, Mark Zuckerberg in his opening statement today at a virtual event, and just before he invited Reliance Industries Chairman & Managing Director for a fireside chat.
Asia’s richest man and the internet world’s most powerful name today met virtually to discuss the potential of digital innovation and technology to empower businesses and also make a meaningful impact in dealing with an extraordinary health emergency like Covid-19. At the first edition of the two-day Facebook Fuel For India 2020 summit, Mukesh Ambani, chairman and managing director of Reliance Industries, and Mark Zuckerberg, CEO and founder of Facebook, also spoke of Jio’s partnership with Facebook. Reliance Jio, India’s largest telecom firm, is accelerating the drive to digitise retail businesses, Ambani said. Reliance, he added, is also working with the government to provide technology tools for the Covid-19 vaccination. “We are working very closely with all the authorities,” he said, “to make sure that we provide the technology tools and backbone for even vaccination in the coming quarters using technology.”
Driving India s growth story, according to Ambani will be the young Indians, small businesses and their entrepreneurial spirit. And this will also be on the back of two critical sectors, ie education and healthcare. In fact, Ambani said that work is on with the authorities to ensure all the backbones and tech tools are provided for every vaccination in the coming quarters. He stopped short of giving details on how Reliance Industries would assist the government on this. I think that there is a great opportunity for really bringing education and health care. With the second-generation reforms that were done in the last six months, we have unique opportunities and as Jio we are connecting all the 1.9 million schools in India and the 58 000 colleges. At any point in time, we will have in the coming decades, about 200 million children or young adults, between the age of 3 and 18 in our education system. I think that in a span of 10 years, we can set for ourselves an objective realit
»Facebook Fuel For India 2020: Facebook Outlines 2021 Vision With Focus On Small Businesses And UPI
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Facebook Fuel For India 2020: Facebook Outlines 2021 Vision With Focus On Small Businesses And UPI
Facebook has said that the focus areas for 2021 include the focus on small business to help drive the economic recovery in the post COVID era as well as participation in the government’s efforts to push for financial inclusion for millions in India via the Unified Payments Interface (UPI).
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Social media giant Facebook has renewed its India focus at the first edition of the Facebook Fuel For India 2020 summit. Facebook has said that the focus areas for 2021 include the focus on small business to help drive the economic recovery in the post COVID era as well as participation in the government’s efforts to push for financial inclusion for millions in India via the Unified Payments Interface (UPI), with WhatsApp playing a major role. Facebook says that the in
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Laws Shouldn t Micro-Manage Tech Companies But Enable Accountability, Transparency: Nick Clegg
A Facebook panel is seen during the Cannes Lions International Festival of Creativity, in Cannes, France. (Image: Eric Gaillard/Reuters)
At today’s Facebook Fuel for India 2020 session, Facebook’s vice-president of global affairs and communications, Nick Clegg touched upon the need for regulatory framework to not impose minute provisions that hinder technology instead of enabling it.
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Facebook has faced considerable criticism from governments around the world with regards to its practices – both in terms of its platform content and its market practices. Speaking at the Fuel for India 2020 conference earlier today, Nick Clegg, Facebook’s vice-president of global affairs and communications highlighted that while Facebook welcomes the scope for lawmakers and governments to establish new regulatory framework to define how new technology industries should ope