In recent years, there has been a global fightback against the antitrust practices of Big Tech, with actions taken across various countries, including Australia, Europe, the UK, Canada, and the USA.
Category: Digital
India’s wearable device market sees 20.7% decline in Q3 2024: Report
boAt remained the top smart wearable company in the country with a 32 percent market share, followed by Noise (11 percent)
Meta to challenge CCI fine and cease-and-desist directions in Whatsapp case
The Competition Commission of India (CCI) fined Meta Rs 213.14 crore on November 18 for abusing its dominant position in relation to WhatsApp’s 2021 privacy policy update.
Perplexity launches new AI-powered shopping assistant amid intense competition in Search
The US-based firm said it will be expanding the Perplexity shopping experience to new markets after its U.S. launch.
‘Need to revisit ‘Safe Harbor’ provision for Big Tech firms’, says I&B Minister
Currently, Section 79 of the Information Technology Act, 2000, grants big tech platforms immunity from legal action over user-posted content.
CCI slaps Rs 213 crore fine on Meta over WhatsApp privacy policy; bars data sharing for ads
CCI has also directed WhatsApp not to share user data collected on its platform with other Meta products or companies for advertising purposes for a period of five years.
Ashwini Vaishnaw calls for rethinking how digital media platforms should be held accountable for content
Ashwini Vaishnaw pointed out the lack of verification on digital platforms, where anyone can publish content without accountability. “Since the platforms do not verify whatever is posted on those platforms, who will take the responsibility for the content which is published on the platforms?” he asked.
Ashwini Vaishnaw bats for fair compensation for traditional media outlets by online platforms
“While the investment that goes behind creating a team of journalists, training them, having editorial processes and methods to check the veracity of news, and taking responsibility for the content is huge both in terms of time and money, they are becoming irrelevant since these platforms are having a very unequal edge in terms of bargaining power vis-a-vis conventional media,” the I&B minister said.
HCLTech collaborates with ServiceNow to roll out AI Labs
The Labs leverage HCLTech’s industry-leading and proven methodologies for clients to navigate GenAI and agentic AI journeys with ServiceNow, driving efficiencies in the areas of ESM (enterprise service management) and industry verticals.
Disney Earnings Q4 2024: “Well positioned for growth and optimistic about our future,” says CEO Bob Iger
“This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption…” said Robert A. Iger, Chief Executive Officer, The Walt Disney Company.