Category: How it Works

Meta worries over government regulation of internet apps in proposed telecom law

Over the last eight years, Meta says it has rolled out industry-leading transparency tools for ads about elections or politics, developed comprehensive policies to prevent election interference and voter fraud, and built the largest third party fact-checking programme of any social media platform to help combat the spread of misinformation. (Representative Image: Dima Solomin via Unsplash)

Meta’s policy head in India expresses concern about the matter in an internal communication to colleagues.

Lok Sabha passes Indian Telecommunications Bill 2023

Some of the key provisions of the bill include the requirement for authorization from the central government for the establishment and operation of telecommunications networks, the provision of telecommunications services, and the possession of radio equipment. (Representative Image: Chris Anderson via Unsplash)

The primary aim of the bill is to replace the current regulatory framework governing the telecommunications sector, which is the Indian Telegraph Act of 1885, the Wireless Telegraphy Act of 1933, and the Telegraph Wires (Unlawful Possession) Act of 1950.

India’s SFV platforms have user base of 250 million; 2/3rd hail from tier-2 cities

India is currently looking at a 150 million strong community of mid-core/ core gamers in 2023 alone, a significant portion of which have graduated from casual gameplay.(Representative Image: Javier Martínez via Unsplash)

The leveling up of gamers from casual to mature gaming is also spurring an increase in the viewership of livestreams.

ShareChat Layoffs: Social media company cut about 800 employees in 2023

In January 2023, Mohalla Tech-owned ShareChat's co-founders Farid Ahsan and Bhanu Pratap Singh stepped down from executive roles at the company, a week after firing close to 600 employees. (Image source: Moneycontrol)

ShareChat’s latest round of lay-offs include about 200 employees, amounting to 15 percent of its current workforce.

Cox Media Group claims to have capability to listen to ambient conversations of consumers for targeted ads

Claims about this capability raises obvious and immediate legal concerns; intercepting communications without proper consent can violate wiretapping laws. (Representative Image: Markus Spiske via Unsplash)

The news signals that what a huge swath of the public has believed for years—that smartphones are listening to people in order to deliver ads—may finally be a reality in certain situations.

Only 18 percent borrowers understand the data privacy guidelines: Home Credit India survey

Ipsos tracks the attitude of consumers across 29 countries every month on the current and future state of their local economy, their personal financial condition, the employment climate, and their purchasing and investing confidence. (Representational image via Unsplash)

Key highlights from Home Credit India’s How India Borrows Survey 2023.

ZEE will not be able to meet the deadline to close the merger: SPNI

The NCLAT will be hearing a challenge to the Zee-Sony merger on May 17. (Source: Moneycontrol)

Despite the initial agreement stating that Punit Goenka, MD and CEO of ZEEL, would assume the leadership of the merged entity, Sony Group Corp has been advocating for NP Singh, its India MD and CEO, to take over as the CEO of the newly formed Zee-Sony entity.