Tech Firms Say India Cyber Rules Risk Creating 'Environment Of Fear'
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.
India Weighs Panel To Rule On Appeals Against Social Media Takedowns
India is considering whether to set up an appeals panel with the power to reverse the content moderation decisions of social media firms, the information technology ministry said, in what would be the first such move of its kind worldwide.
Google Backs India's ShareChat In $300 Million Funding Round At $5 Billion Valuation
The parent company of India's ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc's Google, media giant Times Group and Singapore's Temasek Holdings, valuing the social media firm at nearly $5 billion, two sources involved in the deal discussions told Reuters.
Indian Government Trims Tax On Fuel, Essential Commodities To Fight Inflation
India on Saturday announced a series of changes to the tax structure levied on crucial commodities in a bid to insulate consumers from rising prices amid high inflation.
Meta Narrows Guidance To Prohibit Calls For Death Of A Head Of State
Facebook owner Meta Platforms said on Sunday that it is further narrowing its content moderation policy for Ukraine to prohibit calls for the death of a head of state, according to an internal company post seen by Reuters.
Meta Narrows Guidance To Restrict Calls For Death Of A Head Of State
Facebook owner Meta Platforms said on Sunday that it is further narrowing its content moderation policy for Ukraine to restrict calls for the death of a head of state, according to an internal company post seen by Reuters.
India Accuses China's Huawei Of Tax Evasion - Government Source
An Indian tax investigation into China's Huawei Technologies has found the telecoms equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source told Reuters on Thursday.
Alphabet Misses Wall Street Revenue Estimates; Shares Fall
Google parent Alphabet Inc on Thursday missed analysts' quarterly revenue estimates for the first time in at least two years and reported continuing erosion of its operating margin, sending shares down almost 7 percent after hours.
Exxon, Ben & Jerry's Among Buyers Of $256M In Political Ads On Facebook
Facebook Inc's new searchable database of U.S. political ads reveals that companies such as Exxon Mobil Corp, Ben & Jerry's and Penzeys Spices are cumulatively spending millions of dollars to encourage voting and influence how Americans vote.
Uber Proposals Value Company At $120 Billion In A Possible IPO
Uber Technologies Inc. could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Google Provides Data On US Political Advertising
Google has added a section to its twice-yearly transparency report to show who buys U.S. election ads on its platform and how much money is spent on political advertising, the search engine giant said on Wednesday.
