There are 290 million users of the Facebook social-media platform like me in India ….and you’ll be surprised to know that in America, to which the above chart applies, there 100 million fewer users.
If in America , Facebook is now earning $16/- per user through advertiser-revenue, then that translates into earnings of roughly $ 3 billion annually. And by the same yardstick , one might estimate Facebook’s revenues from India to be roughly $5 billion!
So, why is Facebook then not willing to abide by the IT Laws of the Government of India?
If Facebook continues to hum and haw about compliance with the IT Law, why isn’t the Government of India not reading out the Riot Act to the Company?
Sudarshan Madabushi