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Facebook Invests $5.7 Billion in India’s Jio Platforms

Facebook Invests $5.7 Billion in India’s Jio Platforms
Facebook announced a $5.7 billion, or INR 43,574 crore, investment in Jio Platforms Limited, part of Reliance Industries Limited

Facebook announced a $5.7 billion, or INR 43,574 crore, investment in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder.

The investment underscores facebooks commitment to India, and their excitement for the dramatic transformation that Jio has spurred in the country. In less than four years, Jio has brought more than 388 million people online, fueling the creation of innovative new enterprises and connecting people in new ways. Facebook is committed to connecting more people in India together with Jio.

India is in the midst of one of the most dynamic social and economic transformations the world has ever seen, driven by the rapid adoption of digital technologies. In just the past five years, more than 560 million people in India have gained access to the internet.

Facebooks’ goal is to enable new opportunities for businesses of all sizes, but especially for the more than 60 million small businesses across India. They account for the majority of jobs in the country, and form the heart and soul of rural and urban communities alike. In the face of the coronavirus, it is important that Facebook and Jio together combat this global pandemic now, and lay the groundwork to help people and businesses in the years to come.

One focus of Facebook’s’ collaboration with Jio will be creating new ways for people and businesses to operate more effectively in the growing digital economy. For instance, by bringing together JioMart, Jio’s small business initiative, with the power of WhatsApp, Facebook can enable people to connect with businesses, shop and ultimately purchase products in a seamless mobile experience.

India is a special country for Facebook stated. Over the years, Facebook has invested in India to connect people and help businesses launch and grow. WhatsApp is so ingrained in Indian life that it has become a commonly used verb across many Indian languages and dialects. Facebook brings together friends and families, but moreover, it’s one of the country’s biggest enablers of growth for small businesses. And Instagram has grown dramatically in India in recent years as the place where people follow their interests and passions.

Facebook expresses their excitement about furthering their investment in India’s vibrant digital economy. Facebook’s efforts with Jio will be focused on opening new doors and fueling India’s economic growth and the prosperity of its people. Facebook looks forward to working with Jio, and to future collaborations in India to advance this vision.

Feature photo from Facebook

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How Airports Are Using Technology to Speed Up Check-ins

Faster airport check-ins

Traveling through airports can often feel like a series of endless lines, from check-ins to security checks and boarding. But with more travelers flying than ever before, airports are starting to make big changes. New technology is helping to speed up check-ins and make the journey smoother for everyone. This shift is already underway, with airports embracing innovations to reduce wait times and improve the overall experience. Let’s take a closer look at how technology is changing the way we travel.

Speeding Up the Check-in Process


As more people travel, especially during busy seasons, airports are turning to automation and digital tools to improve the check-in process. Automated kiosks are becoming common at U.S. airports, allowing passengers to check in, select their seats, print boarding passes, and even tag their luggage without talking to anyone. Some airlines like Alaska Airlines are even skipping kiosks altogether, moving to mobile apps for a faster, more streamlined experience.

However, not everyone loves the idea of fully automated check-ins. While many appreciate the convenience, some still prefer interacting with a human. A study by Travelport found that 75% of passengers would rather speak with a human agent. But even so, airports like Oakland International and Liverpool Airport continue to move forward with innovations like biometric kiosks and self-boarding systems. These changes are helping to speed up the process, even as the number of travelers increases.

Facial Recognition Is Changing Security


One of the most exciting developments is biometric verification, especially facial recognition. In the U.S., as per New York Times, the TSA (Transportation Security Administration) has introduced biometric screening at over 30 airports, including major ones like Los Angeles International. With this system, security checks that once took 25 seconds are now done in just 10 seconds. That’s a big difference when you are trying to breeze through security.

International airports are also jumping on board. For example, Suvarnabhumi Airport in Thailand now uses biometric verification for both domestic and international flights. Instead of boarding passes or passports, travelers simply use their biometric data to verify their identity. It speeds up the process and adds a layer of security by reducing the chance of human error or fraud.

Moreover, other airports, like Liverpool, are experimenting with biometric boarding passes. These replace paper tickets with facial recognition technology, making the travel experience even smoother, especially during peak travel times. Similarly, Airports are adopting smart technologies at an increasing rate to make the check-in process faster and easier. For example, Zayed International Airport in Abu Dhabi has introduced biometric sensors that let passengers check in with facial or iris recognition, completely bypassing traditional boarding passes.

How AI and RFID Are Improving Efficiency

In Amsterdam, Schiphol Airport has an AI-powered app that helps travelers predict how busy check-in counters will be. This feature lets passengers plan their arrival times better, so they avoid delays.

Likewise, RFID baggage tracking is another game-changer. This system allows passengers to track their luggage in real-time, making lost bags a thing of the past. According to Airport Industry News, more than half of passengers are excited about using electronic bag tags, which will make the check-in process even easier. And as per Future Travel Experience, findings from IATA’s 2022 Global Passenger Survey (GSP) show that 80% of passengers would be more likely to check a bag if they could track it throughout their journey. In addition, 50% of respondents expressed interest in using electronic bag tags, further highlighting the demand for more self-sufficient and efficient baggage processes.

The Rise of Self-Baggage Drop


Self-baggage drop systems are becoming increasingly popular at airports around the world. Airlines like AirAsia and Finnair have already adopted these systems, along with airports in cities like Las Vegas and Goa. With these systems, passengers can print their boarding passes and baggage tags at a self-check-in kiosk, then drop their bags at a machine that weighs, scans, and automatically sends the luggage into the system. This is helping to reduce wait times and make check-ins more independent for travelers.

What’s Next for Airport Check-ins?


The future of air travel is looking more efficient, thanks to the many technological advancements being implemented at airports. From biometric screening and automated kiosks to RFID baggage tracking and AI-powered apps, the airport experience is getting faster and more seamless. There are challenges to work through, such as the cost of new technologies and making sure everyone, even the less tech-savvy, can use them. But the benefits of these changes are clear, and they’re already making air travel smoother, faster, and more secure.

Looking ahead, we can expect even more innovations that will continue to transform the way we travel. As technology evolves, these improvements will help make the airport experience quicker, safer, and much more enjoyable for all of us.

Feature Image via Changi Airport

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