INTERNET RULES
Swiggy’s pre-IPO Esop sale; GST & ride-hailing apps
Food delivery company Swiggy will buy back Esops worth $65 million, its fifth such exercise. This and more on today’s ETtech Top 5.
New RBI credit card rule: Check if your credit card issuer bank is live on BBPS platform; full list of Bharat Bill Payment System billers
New RBI credit card rule:Bharat BillPay is a unified ecosystem that links banks and non-banks in the bill aggregation industry, as well as billers, payment service providers, and retail bill outlets. Below is a list of credit card billers currently active on BBPS as of July 15, 2024.
Patanjali misleading ads case: SC calls for resolution on advertisement industry issues
The Supreme Court on Tuesday instructed the Ministry of Information and Broadcasting to meet with various stakeholders in the advertisement industry to address issues stemming from earlier orders requiring self-declaration on ads. The court specified that recommendations should be filed within three weeks.
Sebi strikes finfluencers: Can Sebi diktat protect investors from dubious investment advices on YouTube, Instagram, WhatsApp?
To be fair, there’s a lot of good learning material on the Internet. However, while this is great for quick, bite-sized learning, it’s not always smooth sailing for more complex tasks. Sometimes, you need background knowledge to figure out if the advice is actually good. In some areas, such as health and personal finance, following bad advice can be risky.
Watch: Rolls-Royce Ghost breaks down in waterlogged Delhi road, Internet users suggest use 'Alto'
In a viral video, a Rolls-Royce Ghost was seen stuck on a waterlogged road in Delhi. The luxury black vehicle was stranded with its hazard lights blinking, while more modest cars navigated the flooded street with ease. The incident was captured by a Maruti Suzuki driver and shared on Instagram.
Australia gives internet firms 6 months to draft online child safety rules
The eSafety Commissioner requested online industry members to submit a plan by October 3 outlining measures to shield minors from encountering high-impact content prematurely, covering themes such as suicide and eating disorders. The code should establish criteria for app stores, websites (including pornography and dating sites), social media platforms, and multiplayer gaming platforms to verify user content suitability, stated the commissioner.
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As new ad regime dawns, cos make over 5K avowals
Marketers in India have started implementing the self-declaration certificate (SDC) mandate for new ads since June 18. The ministry of information and broadcasting (MIB) directive mandated that all new print, TV, digital, and radio ads must have an SDC generated through the Broadcast Seva portal for TV and radio and the PCI for print and digital ads from June 18. While the SDC mandate is challenging for advertisers, it will not hinder the rollout of new ads. Brand marketers have generated over 5,000 SDCs for new print and internet ads through the Press Council of India's website.
Saturday bank holiday June 2024: Are banks open today?
Bank holidays in June 2024: In India, private and public sector banks are closed on the second and fourth Saturdays of each month, as well as on all Sundays. So, before heading to the bank on a Saturday, make sure it's open.
Saturday bank holiday: Are banks closed today?
Saturday bank holiday: Banks are closed on the second Saturday of the month, as well as on Sundays and the fourth Saturdays.
How brands should inspire politicians to move away from 'divide' and 'drown’ to ‘unify' and 'thrive’
Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empathy.
US election officials split on AI disclosure rules for political ads
FEC officials are divided over whether to require disclosure of AI-generated content in political ads. FCC Chair Rosenworcel supports the proposal, citing concerns about misleading deep fakes. Vice Chair Weintraub agrees, emphasizing the need for transparency. Chair Cooksey opposes, arguing it would cause chaos for campaigns.
Russian influencer's creative Indian husband hunt using QR code takes internet by storm: Viral Video
A Russian social media influencer named Dinara has gone viral with her unique quest to find an Indian husband. During a visit to an Indian shopping mall, she posed with a mannequin holding a sign that read, "Looking for an Indian husband (unmarried)," which included a QR code to her Instagram profile. Dinara explained her admiration for Indian culture and values, hoping to find a partner who shares similar family and travel ideals.
Managing finances after 80: Answers to three major personal finance questions for super senior citizens
As one ages, it becomes clear that the couple won’t leave the world together. Typically, the husband worries about the wife’s ability to manage money, while the wife worries about the husband’s ability to manage food and health. However, neither cooking, nor investing is rocket science, and it is never too late to learn these crucial life skills.
Data protection, AI rules top tech’s wishlist for next govt
Technology policy lawyers, think tanks and policy groups are making a list of priority items for the new leadership at the IT ministry after the results of the general elections. The Digital Personal Data Protection (DPDP) Rules seem to top the list, along with regulation of AI and the Digital India Bill.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
IAMAI view on draft Digital Law not shared by all constituents: four members tell MCA
Four members of IAMAI, including Bharat Matrimony, Match Group, Hoichoi, and ShareChat, express divergent views on ex-ante regulation in the draft DCB to the Ministry of Corporate Affairs.
Internet-based trading: Sebi reduces approval time to 7 days for brokers
Markets regulator Sebi on Thursday significantly reduced the time taken by stock exchanges for granting approval to stock brokers for internet-based trading to seven days from the current 30 days. The move is aimed at facilitating ease of doing business.
Top EU data regulator says tech giants working closely on AI compliance
Des Hogan, Data Protection Commissioner in Ireland, highlighted the broad powers of national regulators to enforce changes in AI products for data privacy compliance.
New credit card rules, changes in May 2024: These 4 banks have revised their credit card rules
Credit card customers should be aware of the changes and make sure to follow the latest fee and guidelines set by the bank or credit card company. The top banks that have revised their credit card rules this month are Bank of Baroda, Yes Bank, IDBI Bank, and HDFC Bank.
Missed BOME and Mog Coin? Experts tip Raboo as the next big ROI opportunity
Mog Coin and BOME Coin offer high ROIs, with Mog Coin starting slow but achieving 100x ROI and BOME Coin stabilizing at a high price. Raboo, a new meme-fi AI token, is expected to reach 100x ROI in its upcoming release.
Trai to shortly release views on regulating communication apps
The Telecom Regulatory Authority of India (Trai) is set to provide recommendations on the possible regulation of over-the-top (OTT) communication apps such as WhatsApp, Telegram, and Signal. The consultation process initiated in July last year continues, with stakeholders having provided their comments.
Meta's oversight board backs takedown of Australian voter fraud posts
Meta's board upheld removing Facebook posts calling for multiple votes in an indigenous rights referendum due to unclear voter fraud rules. Australia rejected recognizing Aboriginal and Torres Strait Island people.
Explained: Why WhatsApp is willing to leave India over encryption
After the messaging platform said that forcing it to break message encryption may lead to its exit from India, the Delhi HC has said the right to privacy can’t be absolute. Here’s a look at why the company is arguing that its end-to-end encryption cannot be compromised
GCCs emerge as a key cog in telcos’ enterprise play
India’s top telcos are investing significantly in offshore units, known as global captivity centers (GCCs), resulting in strategic partnerships and tailored solutions. With the number of GCCs growing, enterprise revenue is expected to reach Rs 30,000 crore in FY24, impacting connectivity and network densification in tier-2 and tier-3 cities.
Telecom sector opposes US plan to reinstate net neutrality rules
Net neutrality rules bar internet service providers from blocking or throttling traffic or offering paid fast lanes. USTelecom CEO Jonathan Spalter of the group, whose members include AT&T, Verizon, SpaceX and others, called the effort "entirely counterproductive, unnecessary, and an anti-consumer regulatory distraction."
FCC to vote to restore net neutrality rules, reversing Donald Trump
The FCC told advocates on Tuesday of the plan to vote on the final rule at its April 25 meeting. The commission voted 3-2 in October on the proposal to reinstate open internet rules adopted in 2015 and re-establish the commission's authority over broadband internet.
Indian internet users not to be experimented on with 'unreliable' models, algorithms: MoS IT warns Google
Rajeev Chandrasekhar's comments on X were directed at search giant Google which issued a statement earlier in the day after its Artificial Intelligence tool Gemini came under fire on social media for allegedly indicating in response to a user’s question about Prime Minister Narendra Modi that his policies were considered by some as being "fascist."
Like-minded nations will lead internet of future: MoS IT Rajeev Chandrasekhar
Speaking at the India Internet Governance Forum, Chandrasekhar said that “multistakeholderism” and consultative policymaking was the approach of the government when it came to tech policymaking.
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