Microsoft came the closest and acquired 1.6 per cent stake in the company for $250 million valuing it at $15 billion.
Social networking site Facebook, started six years ago by a 20 year old student in his Harvard dorm, announced it now has 500 million users worldwide.
Reliance Jio and Facebook will look to use WhatsApp for delivering goods from local neighbourhood kirana stores to consumers before expanding collaboration in education and healthcare sector, billionaire Mukesh Ambani said soon after announcing the mega Rs 43,574 -crore deal. "All of us at Reliance and Jio are delighted to welcome Facebook Inc," he said in a short video message posted on the group's social media handles.
Facebook CEO Mark Zuckerberg on Sunday announced that Prime Minister Narendra Modi will visit Facebook's headquarters in California for a townhall question and answer session on September 27.
'Google and Facebook need to be tamed, their garb of 'Investing in India's future' need to be pulled off,' observes Vibhu Arya.
From twisting ears to poking into strange claymen from China, Prime Minister Narendra Modi has proven time and again that he is an awkward-moment magnet. The camera loves him, and he responds in kind, always.