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Reshaping RIL: Ambani gets three Silicon Valley investors in as many weeks

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Billionaire Mukesh Ambani is a man on a mission: to dominate India’s consumer Internet market -- from online retail to digital payments.

He just sealed three deals in as many weeks to raise a combined $8 billion, including from Facebook Inc. Asia’s richest man isn’t done yet, as he races to transform the legacy oil-and-petrochemicals empire his late father built into a technology-driven, e-commerce force.

In the latest announcement Friday from his Reliance Industries Ltd., Vista Equity Partners agreed to pay $1.5 billion for a 2.3% stake in Jio Platforms, the conglomerate’s digital unit.

Earlier this week, Menlo Park, California-based Silver Lake Partners said it would invest $753 million in the business, hot on the heels of Facebook’s

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Jim Kenney - Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle - fox29.com - state Pennsylvania
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Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle
Andrei Doroshin PHILADELPHIA - A graduate student in psychology whose COVID-19 vaccine operation got shut down by Philadelphia last year has settled with the state attorney general's office and agreed to destroy all personal health information his start-up gathered.The agreement was filed Friday in Commonwealth Court and requires a judge's approval to take effect.Central to the accusations against Andrei Doroshin, who had almost no public health experience when the city gave him the task, was that he had intended to profit from the vaccine operation run by his start-up, called Philly Fighting COVID.Mayor Jim Kenney says Philly Fighting COVID was a mistake after the Inspector General found no malice, no ill-intent, and no one seeking personal gain.Doroshin denied the allegations by the attorney general's office, including violating the state's nonprofit corporation law.Under the agreement, Doroshin and his associates are barred from managing charitable assets or soliciting charitable donations in Pennsylvania for 10 years.Doroshin also must destroy the personal health information gathered through the vaccine pre-registration service and is barred from receiving any financial benefit from the information or the vaccine.Doroshin must also dissolve Philly Fighting COVID.City officials said they gave him the job because he and his friends had organized one of the community groups that set up COVID-19 testing sites throughout the city in 2020.But they shut the vaccine operation down once they learned that Doroshin had switched his privacy notice to potentially sell patient data.
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