Digital – storyboard18

OpenAI CEO amazed by India’s AI adoption, calls it ‘incredible to watch’

India has become OpenAI’s second-largest market, with user numbers tripling in the past year.

Altman’s praise comes as OpenAI experiences a surge in users from India, particularly following the viral success of its latest image-generation tool, which transforms photos into Studio Ghibli-style animations.

Meta launches Instagram ‘Teen Accounts’ in India with extra safeguards

By default, all accounts for users under 16—or under 18 in some cases—will be private, meaning new followers must be approved before they can view posts or send messages.

Mumbai Police issue third summons to Kunal Kamra, ask him to appear on April 5

The Khar police station, where the First Information Report (FIR) was registered last month, had earlier summoned Kamra twice, but he failed to appear.

CBI must work with startups to combat AI-driven crimes, says Vaishnaw

India currently lacks dedicated AI laws, but the government is working on guidelines and frameworks to regulate AI-related crimes.

SEBI’s ID mandate for intermediary ads welcomed, but industry seeks stronger AI oversight

Experts suggest that SEBI incorporate public awareness campaigns, grievance redressal mechanisms, ease in reporting frauds, and AI monitoring of digital platforms to combat financial frauds online.

SEBI recently mandated identity verification for intermediaries advertising on social media after having observed a surge in scams where scammers lured investors with false promises and deceptive content on digital platforms.

Quick Commerce or Quick cash? Zepto’s promotion of illegal betting firm Parimatch

Flyer of illegal betting platform Parimatch sent by Zepto to customers, hoarding at Poonamallee High Road in Tamil Nadu.

Zepto not only promoted Parimatch but also went as far as including flyers in customer orders, essentially delivering gambling ads straight to people’s homes.

No relief for Ranveer Allahbadia as Supreme Court refuses to return his passport, extends protection from arrest

The court extended its interim protection for Allahbadia, shielding him from arrest over police cases filed against him in Mumbai, Guwahati, and Jaipur.

Google to pay $100 million to settle 14-year-old ad lawsuit

The lawsuit, which was initially filed in 2011, claims that Google violated California's Unfair Competition law by charging advertisers for clicks on ads shown outside the geographic regions they selected.

The lawsuit alleges Google misled advertisers about the geographic locations of ads and failed to honour its “Smart Pricing” promise. The proposed settlement still requires court approval.

OpenAI seeks $40 Billion in new funding to drive AI expansion

SoftBank is expected to contribute 75% of the funding, while the remaining investment will come from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital, according to a source familiar with the matter.

WPP drops DEI language amid U.S. scrutiny, while Ogilvy global CEO champions representation and purpose

Speaking at Storyboard18’s Global Pioneers Summit on March 28 in Mumbai, Devika Bulchandani, Global CEO, Ogilvy said,"The most important thing for me is 'Fearless Girl' is always going to be there across the New York Stock Exchange as a symbol that women have a right to be in the economic boardrooms of the world as much as any men do."

WPP has removed DEI language from its annual report amid U.S. political scrutiny, while WPP-owned Ogilvy’s CEO Devika Bulchandani continues to champion representation and purpose-driven storytelling. She highlights the ‘Fearless Girl’ on NYC’s Wall Street as a lasting symbol of female empowerment.