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Facebook investing $5.7 billion in the companies owned by Asia's richest man, Mukesh Ambani.

Apr 23, 2020 05:06 PM EDT

Social media giant Facebook has just made its largest deal since it purchased WhatsApp back in 2014. The company announced that it will be investing $5.7 billion in the companies owned by Asia's richest man, Mukesh Ambani.

According to a post made by Facebook CEO Mark Zuckerberg, Barra will join the social networking company as VP of VR, which also includes Oculus.

Departed Xiaomi Exec Hugo Barra to Join Facebook VR Team

Staff Reporter |

Jan 26, 2017 10:42 PM EST

Former Google and Xiaomi executive Hugo Barra is returning to Silicon Valley to head VR venture of Facebook. According to a post made by Facebook CEO Mark Zuckerberg, Barra will join the social networking company as VP of VR, which also includes Oculus.

The main aim of this exercise is to stop the broadcast of websites which are currently banned in China.

China Intensifies Crackdown on Internet; Boosts VPN Regulation

S. Rina |

Jan 26, 2017 02:29 AM EST

China is taking more stringent actions against rogue Virtual Private Networks (VPNs) to ensure the online security of its citizens.

Facebook CEO Mark Zuckerberg to Testify in Oculus Lawsuit

Phenny Lynn Palec |

Jan 17, 2017 07:32 PM EST

Facebook founder and chief executive officer Mark Zuckerberg is expected to appear in a Dallas courtroom on Tuesday in order to testify in an ongoing lawsuit involving the virtual reality firm Oculus. The $2 billion lawsuit was to determine whether Oculus stole the technology behind its VR headsets.

Four African-American Young Adults Charged for Assaulting a White Man

4 Young Adults Charged with Hate Crime over Chicago Torture Shown on Facebook

Frances Diana Roullo |

Jan 06, 2017 08:15 AM EST

Cook Country prosecutors in Chicago, Illinois filed hate-crime charges against four African-American suspects who kidnapped an 18-year-old white man with special needs.

Mark Zuckerberg Leaves Atheism, Greets Fans a 'Happy Hanukkah'

Ellie Froilan |

Jan 03, 2017 11:13 AM EST

Facebook CEO Mark Zuckerberg's holiday message status on Dec. 25 suggested that he has returned to religion, after identifying himself as an atheist for years, based on his profile page.

Regular Social Networking is Bad for Your Emotional Health but …

Arthur Dominic Villasanta |

Dec 26, 2016 09:35 PM EST

The study said most people use Facebook on a daily basis but few are aware of the consequences.

Instagram's new set of tools aims to encourage positivity and create a safer environment for everyone.

Instagram to Launch Update of Liking Comments and Removing Followers

Ellie Froilan |

Dec 07, 2016 10:55 AM EST

Instagram has announced new feature for the app, allowing Instagram users more control over their accounts and boost positivity and safety.

Facebook founder and CEO Mark Zuckerberg

Facebook, Twitter, YouTube, Microsoft Join Forces to Curb Spread of Terrorist Content Online

Phenny Lynn Palec |

Dec 06, 2016 08:26 PM EST

Major tech companies including Facebook, Twitter, YouTube, and Microsoft recently announced that they will work together in order to help limit the spread of terrorist contents on the Internet. The companies said that their plan is to create a database and use it to tag terrorist contents.

Facebook Adds 'Pac-Man' and 'Space Invaders' to Messenger Games

Maria Velasquez |

Nov 29, 2016 11:34 PM EST

Facebook has just added the classic games, "Pac-Man" and "Space Invaders," to its growing list of instant mini games within the Messenger app.

Ransomware Uses Facebook, LinkedIn to Deliver Malware Infected Images

Phenny Lynn Palec |

Nov 28, 2016 09:57 AM EST

Security researchers from Check Point recently discovered a new variant of a known ransomware called Locky. This ransomware takes advantage of flaws in the way social networking platforms like Facebook and LinkedIn handle images.

Facebook Builds a New Software Tool in a Bid to Make Entry into China: Report

Girish Shetti |

Nov 23, 2016 12:30 AM EST

Social networking giant Facebook has secretly developed a new software tool that might just help the company in getting a re-entry in China, the world's largest internet market. The world's most popular social networking site has been facing a ban in China for nearly seven years owing to strict censorship law.

Facebook Achieves 20Gbps Data Transmission Record

Phenny Lynn Palec |

Nov 14, 2016 02:30 AM EST

Social networking giant Facebook recently reported that its project to transmit almost 20Gbps of data between two towers is a success. The project was tested in Southern California and Facebook said that it is integral to its plan of delivering internet service to rural areas with the use of drones.

Facebook’s Backpack Switch Poses Serious Threat to Networking Companies

Phenny Lynn Palec |

Nov 10, 2016 02:39 PM EST

Social networking giant Facebook is once again making a buzz in the tech community. A buzz that could end up hurting the computer network industry.

After losing its mobile gaming platform to iOS and Android, Facebook is reconfiguring its gaming division.

Facebook Launches Gameroom, the Company’s Answer to Valve’s Steam

Phenny Lynn Palec |

Nov 02, 2016 04:02 PM EDT

After losing its mobile gaming platform to iOS and Android, Facebook is reconfiguring its gaming division by launching the beta version of Gameroom, a Windows-based desktop gaming platform that is said to answer Valve's Steam.

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