The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session
India is the largest market by users for both Facebook and its messenger service WhatsApp
Content depicting nudity or morphed pictures of women need to be removed within 24 hours; rules to embrace OTT players like Netflix, Amazon Prime, Hotstar
Australia's laws forcing Google and Facebook to pay for news are ready to take effect, though the laws' architect said it will take time for the digital giants to strike media deals
No safe harbour if due diligence not followed; platforms to remove or disable sexual content within 24 hours of complaint; Chief Compliance Officer post, monthly compliance report mandatory
Social media is empowered and welcome to do business in India, said Prasad, adding that it is also very important that users must be given a forum against abuse of social media
Apart from a grievance officer whose details should be prominently displayed on the platform, rules also ask for appointment of a Chief Compliance Officer responsible for ensuring adherence to the Act
The bans are also being applied on Instagram, which is owned by Facebook
Google said in October that it would pay publishers $1 billion over the next three years
Facebook said it is developing solutions, including new tools and policies to curb sharing of such content on its platform.
Right to silence is a virtue in present noisy times, Facebook India Vice President and MD Ajit Mohan Wednesday told the Supreme Court
Facebook on Tuesday restored Australian news pages, ending an unprecedented week-long blackout after wringing concessions from the government over a proposed law
Here's a selection of Business Standard opinion pieces for the day
It seems users were only being coquettish in looking for an alternative; they never actually dumped the app
Canberra agrees to amend draft law that will force Big Tech to pay for journalism
The drama playing out between news publishers, Google/Facebook and the Australian government hit all kinds of high points last week
Research shows three key ways social media self-regulation can work: deprioritize engagement, label misinformation and crowdsource accuracy verification
Facebook blocked Australian users from accessing and sharing news after the House of Representatives passed the draft law late Wednesday last week
"This initiative is a logical next step," Microsoft Vice President Casper Klynge said, adding that the company already shares revenues with publishers via its product Microsoft News
The code, prepared by the Digital Industry Group Inc (DiGi), a non-profit industry association, will be reviewed in 12 months, reports ZDNet