Social

India on Monday reissued new rules on social media companies that it proposed then abruptly withdrew last week, making no changes but explaining that the law was needed because the companies had violated Indians’ constitutional rights. The country last week released a draft of changes to its IT law that would require companies to “respect
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Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google, and
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The parent company of India’s ShareChat has raised nearly $300 million (roughly Rs. 2,325 crore) in fresh funding from Alphabet’s Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion (roughly Rs. 38,763 crore), two sources involved in the deal discussions told Reuters. A deal is set
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Instagram on Thursday announced ‘1 Minute Music’ tracks that bring a collection of songs and videos that can be used in making Reels and Stories on the platform. The Meta-owned app has claimed that this latest ‘1 Minute Music’ track collection comprises music from over 200 Indian musicians, including Dhvani Bhanushali, Neeti Mohan, Shaan, Himanshi Khurana, Aniruth,
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Twitter will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will complete its deal to be acquired by billionaire Elon Musk at the agreed-upon price. The Tesla chief executive tweeted on May 13 that the $44 billion (roughly Rs. 3,41,300 crore) acquisition was “temporarily on hold” while
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Meta on Tuesday launched 3D avatars on Instagram stories and direct messages (DMs) in India. The Facebook parent company has also unveiled updated avatars for Facebook and Messenger with options for customisation. The avatars have new facial shapes that let users replace their appearance on these platforms with virtual characters. The updated avatars also include
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Facebook owner Meta Platforms will share more data on targeting choices made by advertisers running political and social-issue ads in its public ad database, it said on Monday. Meta said it would also include detailed targeting information for these individual ads in its “Facebook Open Research and Transparency” database used by academic researchers, in an
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Schroders, Britain’s biggest listed asset manager, said on Wednesday it would back a swathe of shareholder resolutions at Amazon, Meta and Google-owner Alphabet concerning workers’ and digital rights. Schroders, which manages around GBP 730 billion (roughly Rs. 70,65,210 crore), said it was declaring its intention to vote against management on the issues as an escalation
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WhatsApp is introducing free cloud-based API services in a push to get more businesses using the app, Meta Platforms CEO Mark Zuckerberg announced at the company’s messaging event on Thursday. The messaging service, which has increasingly courted business users, is one of several platforms where Facebook-owner Meta has launched more shopping and business-focused features. Zuckerberg,
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