Digital – Page 48 – storyboard18

Digital Competition Law for tech companies likely after Lok Sabha polls: Sources

The taskforce is expected to be operational by June, the Mint report stated.

The central government’s plan to introduce a Digital Competition Law faces uncertainty, marked by significant resistance from major players in the tech industry.

EU sets Nov 30 deadline for YouTube and TikTok on child protection measures

For the violation of the Digital Services Act, companies will face fines of as much as six percent of their global turnover. (Representative Image: Guillaume Périgois via Unsplash)

This move comes days after the industry chief of EU Thierry Breton reminded the chief executive officer of TikTok Shou Zi Chew and CEO of Alphabet Sundar Pichai of their obligation to take necessary steps to tackle misinformation and protect minors.

Rajeev Chandrasekhar: Social media firms should remove misleading content within 36 hours of complaint

This was followed by similar questions on former American president Donald Trump and President of Ukraine Volodymyr Zelenskyy.

Under IT Act 2000 and IT Rules 2021, social media firms are legally obliged to remove such content from their platforms.

MeitY issues orders to block 22 betting apps including Mahadev Book Online

Google further alleges that Microsoft has engaged in similar tactics with its collaboration application, Teams, effectively locking customers into using the application even when they prefer alternatives.

The actions follows the extensive investigations and raids conducted by the Enforcement Directorate (ED) against illegal betting app syndicate and subsequent raids on Mahadev Book in Chhattisgarh.

Meta Earnings: Revenue uncertainty for 2024 overshadows strong results; stock drops over 4%

The Mark Zuckerberg-led company said the FTC has failed to meet its burden to present evidence establishing a relevant antitrust market and proving that it has included all reasonable substitute services in its market definition. (Representative image by Dima Solomin via Unsplash)

Meta CFO Susan Li told investors on a call that the revenue outlook for 2024 is “uncertain.”

Why investing in open internet is imperative for brands in India

This can act as a strategic move to future-proof advertising approaches, align with changing consumer trends and harness innovation in the ad tech industry.

Google for India: Five things announced by the tech giant for India 2023

1.5 Flash excels at summarization, chat applications, image and video captioning, data extraction from long documents and tables, and more. (Representative Image: Lauren Edvalson via Unsplash)

The ninth annual Google for India event was held in New Delhi. Storyboard18 has listed down the five highlights or the actions the tech giant will be initiating.

X to charge $1 a year for posting content. ‘Death of Twitter,’ say users

The authority will give a formal decision on the matter by the end of the year if X fails to make the required changes to address the EU’s preliminary findings. (Representative Image: Rubaitul Azad via Unsplash)

X (formerly Twitter) will start charging new users in New Zealand and the Philippines a subscription fee of $1 for posting tweets or interacting with other posts.

YouTube says it has not detected child abuse content after MeitY notice

The program will roll-out starting with Flipkart and Myntra.

YouTube has submitted its formal response to the IT ministry after it issued notices to various platforms on October 6, directing them to remove CSAM content from their respective platforms.

Can AI-powered voice payments for UPI transactions impact India’s digital payments?

As tech giants like Google, Amazon, and Apple produce AI-enhanced gadgets with a conversational voice interface, consumers' interest in voice assistants grows across all markets. (Representative Image: BENCE BOROS via Unsplash)

Voice-based payments are new but could change how we shop. Users can now begin payments in chat or message conversations, turning regular interactions into fast cash transfers.