India's Reliance Jio Platforms to sell $1.2 billion stake to Mubadala

India's Reliance Jio Platforms to sell $  1.2 billion stake to MubadalaAbu Dhabi-based sovereign firm Mubadala has become the latest investor in Mukesh Ambani’s Reliance Jio Platforms, joining five American firms including Facebook and Silver Lake that have secured stakes in India’s biggest telecom operator at the height of a once-in-a-century global pandemic. Mubadala said it had agreed to invest $ 1.2 billion in Reliance Jio Platforms for a 1.85% stake in the firm. The deal valued the Indian telecom operator, which launched in the second half of 2016, at $ 65 billion.



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A massive database of 8 billion Thai internet records leaks

A massive database of 8 billion Thai internet records leaksThailand’s largest cell network AIS has pulled a database offline that was spilling billions of real-time internet records on millions of Thai internet users. Security researcher Justin Paine said in a blog post that he found the database, containing DNS queries and Netflow data, on the internet without a password. With access to this database, Paine said that anyone could “quickly paint a picture” about what an internet user (or their household) does in real-time.



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KKR to invest $1.5 billion in India's Reliance Jio Platforms

KKR to invest $  1.5 billion in India's Reliance Jio PlatformsMukesh Ambani’s Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major deal the top Indian telecom operator has secured in just as many weeks. On Friday, KKR announced it will invest $ 1.5 billion in the top Indian telecom operator, a subsidiary of India’s most valued firm (Reliance Industries), joining fellow American investors Facebook, Silver Lake, Vista Equity Partners, and General Atlantic that have made similar bets on Jio Platforms.



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SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares

SoftBank reportedly plans to sell about $  20 billion of its T-Mobile sharesIf the proposed sale goes through, its proceeds could help offset SoftBank’s heavy investment losses over the past year. According to its first-quarter earnings report yesterday, SoftBank’s Vision Fund lost $ 17.4 billion in value for the year ended March 31, obliterating the $ 12.8 billion gain the fund recorded a year ago. T-Mobile’s merger with SoftBank-controlled Sprint, which was officially completed last month, gave SoftBank ownership of about 25% of T-Mobile’s shares.



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Sony Poised To Buy Finance Unit for $3.7 Billion (Report)

Japanese electronics to entertainment giant Sony is expected to offer up to $ 3.7 billion (JPY400 billion) to take full control of its finance division. The move would shore up its profits. Sony president and chief executive Kenichiro Yoshida is scheduled to make an hour-long presentation on group strategy on Tuesday afternoon local time. The Nikkei […]

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TSMC to build a $12 billion advanced semiconductor plant in Arizona with U.S. government support

TSMC to build a $  12 billion advanced semiconductor plant in Arizona with U.S. government supportTaiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona with support from the state and the United States federal government. The announcement follows a Wall Street Journal report earlier this week that White House officials were in talks with TSMC and Intel to build foundries in the U.S., as part of its effort to reduce reliance on chip factories in Asia. Based in Hsinchu, Taiwan, TSMC provides chip components for many of the world’s largest semiconductor companies and its U.S. clients include Apple and Qualcomm.



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Financier Vista Invests $1.7 Billion in India’s Reliance Jio

U.S. tech investor Vista Equity Partners is to spend $ 1.71 billion buying a stake in budding Indian media powerhouse Jio Platforms. The two companies announced their deal less than two weeks after Facebook paid $ 5.7 billion to buy a 9.9% stake in Jio, and days after another financial investor Silver Lake paid $ 750 million. Jio, […]

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Facebook Buys $5.7 Billion Stake in India’s Reliance Jio

U.S. social media giant Facebook has unveiled a huge investment in Reliance Jio, a company which has been a game changer in India’s telecoms, media and entertainment sectors. The deal gives Facebook a 9.99% stake in Reliance Jio at a cost of $ 5.7 billion. “Today we are announcing a $ 5.7 billion, or INR 43,574 crore, […]

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Facebook Buys $5.7 Billion Stake in India’s Reliance Jio

U.S. social media giant Facebook has unveiled a huge investment in Reliance Jio, a company which has been a game changer in India’s telecoms, media and entertainment sectors. The deal gives Facebook a 9.99% stake in Reliance Jio at a cost of $ 5.7 billion. “Today we are announcing a $ 5.7 billion, or INR 43,574 crore, […]

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Alibaba Cloud will invest $28 billion more into its infrastructure over the next three years

Alibaba Cloud will invest $  28 billion more into its infrastructure over the next three yearsAlibaba Cloud announced today that it will invest another RMB 200 billion (or about $ 28 billion) into its infrastructure over the next three years, prompted in part by increased demand for services like video conferencing and live streaming as businesses adapt to the COVID-19 pandemic. The investment will focus on expanding Alibaba Cloud’s technology, including its operating system, servers and chips, in its data centers. In press statement, Jeff Zhang, president of Alibaba Cloud Intelligence and chief technology officer of Alibaba Group, said, “By increasing our investment on cloud infrastructure and fundamental technologies, we hope to continue providing world-class, trusted computing resources to help businesses speed up the recovery process, and offer cloud-based intelligent solutions to support their digital transformation in the post-pandemic world.”



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One billion Android devices at risk of hacking

Watchdog Which? wants Google to be more transparent about security updates for old phones
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A billion Android smartphones at risk of being hacked

More than a billion Android smartphones are at risk of being hacked because they no longer receive security updates, according to consumer watchdog Which?
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Trail Blazers now said to be worth $1.85 billion — and Jody Allen is going to sell

And it reinforces something that I've been saying for months now: Jody Allen is going to sell this team. I'm not sure when, because it probably has to await the untangling of all of Paul Allen's assets. How big of a basketball fan do you have to be, to not want to sell an asset worth that many stacks of cash?

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Senate approves $1 billion budget to help rural carriers replace Huawei gear

Senate approves $  1 billion budget to help rural carriers replace Huawei gearThe US Senate has unanimously approved a bill that would give rural carriers access to a $ 1 billion fund meant to help them remove and replace Huawei gear. According to The Wall Street Journal and TechCrunch, the Senate has voted to send the bill to the President a couple of months after the House approved its own version. If Trump signs it — and a previous Politico report said top administration figures expressed their support for it — then 40 rural carriers currently using equipment from Chinese tech giants like Huawei and ZTE will have access to the fund.



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YouTube Earned $15 Billion in 2019

For the first time ever, Google’s parent company Alphabet has publicly shared YouTube advertising revenue results. The information was included in earning reports for the 2019 financial year. Alphabet revealed that YouTube earned just over $ 15 billion dollars in ad revenue in 2019.

Reported by Variety, YouTube’s yearly revenue has nearly doubled since 2017 and increased 36% from 2018. Alphabet reported that YouTube earned $ 11.6 billion in 2018 and $ 8.15 billion in 2017.

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Further, YouTube’s 2019 financial report revealed that the video service earned $ 4.72 billion in Q4 2019, a 31% increase from the prior year.

Alphabet also shared financial reports for Google Search and Google Cloud, which earned $ 27.19 billion and $ 2.61 billion respectively in Q4 2019. Overall revenue for all Alphabet companies in Q4 2019 came in at an impressive $ 46.08 billion, falling short of Wall Street’s expected $ 46.9 billion.

“I’m really pleased with our continued progress in Search and in building two of our newer growth areas,” said Alphabet and Google CEO Sundar Pichai. “YouTube, already at $ 15 billion in annual ad revenue, and Cloud, which is now on a $ 10 billion revenue run rate.”

YouTube’s tremendous growth is likely due, in part, to the recent popularity of streaming and esports. In late January, Activision Blizzard announced that all of its esports broadcasts would air exclusively on YouTube. This means that some of the biggest competitive matchups for games, like Overwatch and Call of Duty, can only be streamed on YouTube.

Are you surprised YouTube earned so much in 2019? Let us know in the comments below.

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Andrew Smith is a freelance contributor with IGN. Follow him on Twitter @_andrewtsmith.
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Record 100 billion WhatsApp messages sent on New Year’s Eve

More than 100 billion messages were sent using WhatsApp on New Year’s Eve, setting a new record.
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U.K.’s Cineworld Poised to Buy Canada’s Cineplex for $2.1 Billion

U.K.-based movie theater chain Cineworld is to acquire Cineplex, Canada’s leading cinema chain. The deal, announced Monday, values the Toronto-listed Cineplex at $ 2.1 billion (C$ 2.8 billion). Cineplex says that it has secured unanimous approval from Cineplex’s board of directors, and that Cineplex’s leading shareholder Global City Theaters, with 28% of the shares, has also accepted […]

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Google reportedly facing a DOJ probe over its $2.1 billion Fitbit purchase

Google reportedly facing a DOJ probe over its $  2.1 billion Fitbit purchaseBoth the Federal Trade Commission (FTC) and the Department of Justice (DOJ) apparently aren't thrilled with Google's Fitbit acquisition. According to a New York Post report, both agencies are concerned that the purchase would give Google access to even more personal data, and they both sought authority to investigate the deal. Since the DOJ is already looking into Google's practices as part of a larger anti-competition probe, though, it was reportedly put in charge of reviewing the merger. A Post source said: "The DOJ's handling of Fitbit will give an early read on the Google investigation."



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Tesla may avert bankruptcy, but it will still need $1 billion in cash

Tesla may avert bankruptcy, but it will still need $  1 billion in cashTesla is headed down a dark road, says Wedbush analyst Dan Ives.



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Facebook's $5 billion FTC fine is good news for the company

Facebook's $  5 billion FTC fine is good news for the companyThe FTC has levied a $ 5 billion against Facebook, but the company has still come out on top.



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Facebook says it took down 2.2 billion fake accounts in 2019

Facebook says it took down 2.2 billion fake accounts in 2019Facebook announced that it has eliminated 2.2 billion fraudulent accounts so far this year.



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Here's what Salesforce thinks you missed about its massive $15.7 billion acquisition

Here's what Salesforce thinks you missed about its massive $  15.7 billion acquisitionSalesforce is fresh off a massive acquisition. Unfortunately, investors frowned on the deal.



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Instagram’s Kevin Systrom on the Platform He Built for One Billion Users

After selling Instagram to Facebook, Systrom vaulted the platform past Snapchat and had been gearing up to take on YouTube. WSJ. Magazine interviewed the CEO before he announced his resignation.
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Severe Obesity Costs Medicaid $8 Billion Annually, Study Finds

And health care expenses for heaviest adults is nearly $ 2,000 more a year per patient
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SPECIAL NEWS BULLETIN!-http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News-
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Katy Perry’s ‘Dark Horse’ hits 1 billion views

Katy Perry’s ‘Dark Horse’ music video has delivered more than one billion views, officially making it 10X Certified.
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SALE! Stop Staring! 1940s Style Pink Billion Dollar Baby Wiggle Dress

SALE! Stop Staring! 1940s Style Pink Billion Dollar Baby Wiggle Dress


This tea length dress from Stop Staring features a wrap twist in the bust area; cap sleeves; and a curve-hugging fit. Finished with a back kick pleat for effortless movement.
List Price: $ 154.00
Price: $ 77.00