AI’s transformative role in building stronger and safer social media communities

The landmark political agreement makes the EU the first major world power to enact laws governing AI. Trailing the EU in AI regulations are countries such as China, the UK and the US, and major G7 democracies that are also formulating their own AI regulations. (Representative Image: Igor Omilaev via Unsplash)

Tech giants are turning to artificial intelligence and machine learning to make social media safer, but this is not without its own set of challenges.

Ashneer Grover apologises before Delhi High Court for social media posts against BharatPe

Last week, Grover had posted on X platform (formerly Twitter) about the equity allocation and secondary components undertaken during the unicorn’s Series E funding round. The $370-million fundraise valued the payments and financial services fintech at $2.86 billion

The Court accepted Ashneer Grover’s apology but said it will be subject to him paying Rs 2 lakh to Delhi High Court Clerks Association.

Apple CEO Tim Cook on the one major quality needed to work in the tech giant

"The feeling of working with people who bring out the best in you is incredible; fundamentally, we all believe one plus one equals three, i.e., your idea plus my idea is better than the individual ideas on their own," Cook said. (Image via Twitter - @appleinsider)

Cook stated that Apple believed two employees should be capable to perform the tasks of three and explained the feeling of working with professionals who bring out the best in others as “incredible”.

PM Modi nudges for local weddings; questions practice of Indian weddings abroad

The November-December wedding season alone is estimated to see nearly 40 lakh weddings with an outlay of nearly Rs 5 lakh crore(Representational image by Amish Thakkar via Unsplash)

Modi highlighted that if people celebrate the festivities of marriages on Indian soil, amid the people of the country, the country’s money will remain in the country.

Apple tops list of Best Global Brands for Apple remains; Microsoft sees highest brand value rise

The rate of growth in the overall brand value of the table slowed sharply after last year's significant increase - rising 5.7 percent this year compared to last year's 16 percent increase, taking the total brand value to $3.3 trillion ($3.1 trillion in 2022). (Representative Image: Congy Yuan via Unsplash)

Apple became the first brand to cross half a trillion USD in brand value. Highlights from Interbrand’s Best Global Brands 2023.

Dentsu appoints Sujit Vaidya as chief financial officer for South Asia

Sujit Vaidya brings over 30 years of experience as a certified Chartered Accountant, having previously served as CFO for Mahindra Holidays & Resorts India and Disney in India.

In this role, Vaidya will partner with dentsu’s business teams across South Asia to orchestrate the financial strategy and steer the finance function.

MiQ acquires French media governance MarTech company Grasp

Grasp will introduce a new route to partner with MiQ across all markets. The company will continue to operate as an independent business unit under MiQ’s ownership and will retain its current brand. There will be no change to either company’s organizational structure. (Representative Image: Tim Mossholder via Unsplash)

This marks MiQ’s third financial investment to date, as part of its long-standing commitment to making the digital advertising ecosystem and experience better for all advertisers.

ASCI urges brands and influencers to be transparent after Orry’s post with CRED violated social media influencer rules

The absence of disclaimers on Orry’s video (has been rectified now) was noteworthy as it violates Advertising Standards Council of India's (ASCI) social media influencer rules. (Image sourced via Instagram - @orry1)

Manisha Kapoor, CEO and secretary general of ASCI thanked vigilant consumers and the media for calling out non disclosures.