Daily Crunch: Facebook makes a big bet in India

Facebookmakes a $5.7 billion investment in Reliance Jio, Netflix’s latest quarter was even better than expected and Patreon lays off 30 employees.
Here’s your Daily Crunch for April 22, 2020. (And happy Earth Day!)
1. Facebook invests $5.7B in India’s Reliance Jio
As China’s fast-growing ByteDance (owner of TikTok) emerges as a formidable competitor in what has become the world’s second largest internet market, Facebook has found the horse it wants to bet on in the