Govt accuses WhatsApp, Prosus buys Stack Overflow - News Summed Up

Govt accuses WhatsApp, Prosus buys Stack Overflow


Lawsuit against IT rulesMeanwhileProsus makes $1.8 billion bet on Stack Overflowabout $1.8 billionIndia accounts for the largest share of traffic"There is a new question asked on Stack Overflow every 14 seconds. This might look like more rapid and robust international expansion, M&A opportunities, and deeper partnerships both on Stack Overflow and within Stack Overflow for Teams," said CEO Prashanth Chandrasekar. India is WhatsApp’s biggest market with around 530 million users, according to data that the government shared while announcing the new IT rules in February. "Stack Overflow will continue to operate independently, with the same team. Prosus said it plans to position Stack Overflow at the centre of product and technology development within major enterprises across the world.


Source: Economic Times June 03, 2021 14:15 UTC



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