@lee1009 This was not exactly a secret or something including the 10% info which I read somewhere sometime last week. It was more about if the deal is going through and when it is going through.
@fromgenesistorevelation Everything. Think jio phones with built in Facebook serving ads to billions of people and mining data
Concurrent with the investment, Jio Platforms, Reliance Retail and Facebook's WhatsApp service have also entered into a commercial partnership agreement to further accelerate Reliance Retail’s new commerce business on the JioMart platform using WhatsApp and to support small businesses on WhatsApp, RIL said.
@jorge_costanza This is just another attempt at continuing FreeBasics, which received a lot of negative publicity many years ago. The companies could still be working together to push it without the citizen's consent.
Net Neutrality fight will crop up again if this is the case.
I fail to see a connection here, in fact it's the opposite - you pay for a specific app / ecosystem first and then get the goodies in that system. It's no different than hotstar partnering up with disney / HBO for content. What am I missing here ?
@colinamey The new Facebook app for mobile collects huge amount of data about you, even when it's not running. It's the default setting.
Now imagine that cheap JIO phones come with the Facebook app pre-installed in such way that you cannot uninstall that app.
So essentially it means that Facebook is subsidizing your internet access on the condition that you have to use the Facebook app. And Facebook collecting all that info can use it for its business purposes.
This is what freebasics was up to. Subsidize a user's internet access , on the condition that all access goes through them.
While people will argue that there is nothing wrong in that, it does violate the principles of net neutrality. You need to be able to choose your content provider, irrespective of your carrier.
It doesn't subsidize your internet access, unless you have cheaper internet on Jio only phones vs normal phones or they restrict what phone you use. It only subsidizes your devices, which happens with all other manufacturers too - most android devices already come with fb preinstalled including samsung devices.
@fromgenesistorevelation Value the benefits Fb will get when Jio and reliance retail IPO comes out. FB is not twitter. Mark zucky is a shrewd businessman