Category: How it Works

Indonesia govt issues regulations requiring Meta and Alphabet to pay news media for content

The regulation suggests cooperation between digital platforms and media companies could be in the form of paying licences or sharing data of news users. A committee would be formed to ensure digital platforms fulfil their responsibilities to the media companies, it said. (Image source: Unsplash)

The move is aimed at levelling the playing field between the media industry and big tech companies.

FuboTV files antitrust lawsuit against Warner Bros, Fox and Walt Disney

FuboTV also alleged that the media companies charged fees that were as much as 30 to 50 percent higher than the rates they charged other distributors. And, this latest move to launch a sports streamer is to capture the market all for themselves. (Image source: Official website and Sketchfab)

FuboTV went on to state that it was being forced by the media companies to carry ‘dozens of non-sports channels’, as a condition of licensing.

Poonam Pandey: Some people benefited monetarily from my fake-death post

In early February, Pandey’s team announced via Instagram that the actor and model had died of cervical cancer. However, a day later an alive Pandey released a video on Instagram stating that she was fine and the news of her demise was part of a campaign to raise awareness on cervical cancer. The stunt left the internet divided. (Image source: News18)

Indian model and actor Poonam Pandey took to Instagram to explain the effects of the fake-death stunt in early February.

SEBI set to summon ZEE’s Punit Goenka, Subhash Chandra in funds siphoning case

The regulatory body’s investigation into Zee founders, primarily focusing on Subhash Chandra and Puneet Goenka, reportedly uncovered the potential diversion of approximately Rs 20 billion ($241 million) from the company. This figure is roughly ten times larger than SEBI's initial estimates, raising concerns about financial irregularities within Zee. (Image sourced via CNBC TV-18)

The regulator is also probing a wider array of transactions between Zee and private companies owned by promoters.

New York Times plans to launch Generative AI ad tool in 2024

Seamlessly supporting multiple languages, it integrates with Yellow.ai's omnichannel customer service platform, delivering a comprehensive and personalized support experience. (Image source: Moneycontrol)

The Times started working on these efforts long before it filed a landmark lawsuit against OpenAI and Microsoft for copyright infringement, Axios reports.

Byju’s rights issue to raise $200 million fully subscribed

The edtech is dealing with the twin crises of a cash crunch and some of its investors seeking to oust the leadership to reconstitute the board. (Image source: Moneycontrol)(Image source: Moneycontrol)(Image source: Moneycontrol)

According to people close to developments, some late stage investors who came in later rounds of funding are also keen to join the issue.

Zee case: SEBI probing two Mumbai-based production houses in funds siphoning case

In August 2023, SEBI passed an interim order against promoters Subhash Chandra and his son Punit Goenka, barring them from holding any directorships in listed companies, over allegations of funds siphoning. (Image source: Moneycontrol Hindi)

SEBI has also summoned former directors of Zee for questioning over alleged funds diversion, states a Moneycontrol report.