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by abhiminator
2169 days ago
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I agree. If this trend of pouring of billions of $$$s of Big Tech money into the Jio platform continues, it won't be long until Jio becomes the monopoly in the country, especially given the founder's proximity to the current administration. [0] And imo, even though this is bad for overall competition and culture of innovation in the country, this is a smart move by both Facebook and Google, especially given the recent backlash against Chinese tech and software, which have come to dominate India's tech scene; Indian government quite recently banned almost all the popular China-origin apps [1] and there is a growing anti-China sentiment in the country. I feel there has never been a better opportunity for Jio to step up its game and fill in the void left by the government-mandated bans, and from that perspective, these investments from the Big Tech firms make sense. [0] https://telecom.economictimes.indiatimes.com/news/contracts-... [1] https://techcrunch.com/2020/06/29/india-bans-tiktok-dozens-o... |
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