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DIGITAL PLATFORMS MEDIA AGREEMENTS
Parents can get up to $5,000 per violation by suing social media apps; this US state signs act to protect kids from social media addiction- here's everything you need to knowNew Jersey enacted the Kids Code Act, which will regulate online services for minors. This law aims to increase platform responsibility for...- Australia to make tech companies pay more outlets for content under reworked media lawThe changes also commit the government to giving 5% of funds raised under the scheme to the Australian Associated Press (AAP), the former...
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
- What's the latest in the trials over claims social media is hurting children?The social media companies have denied allegations that their products have contributed to depression, anxiety, body-image issues and a bro...
- Meta, YouTube, TikTok face thousands of lawsuits in the US over kids’ mental health: What we knowMajor social media firms face thousands of lawsuits across the United States. These legal actions allege platforms are designed to addict y...
- India likley to launch digital gold regulatory framework next yearThe Indian government is likely to roll out regulations for digital gold in the coming year, backed by discussions involving critical minis...
- Trump Media sees $238 mn second-quarter loss on digital assets declineThe parent company of President Donald Trump's Truth Social platform reported a ten-fold increase in losses for the second quarter on Monda...
- US court rules Meta, other tech firms must face thousands of lawsuits over social media addictionThe San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling re...
- MPs across party lines push bills to limit social media access for minorsAlthough private members’ Bills have rarely been cleared by both Houses in the past, their introduction reflects the growing urgency among ...
- Quote of the Day by Selena Gomez: “You are not defined by an Instagram photo, by a like, by a… – Inspiring lessons on self-worth, confidence, social media, individuality and why your identity is more than a photograph by the American singer known for her powerful performances and deep insights on mental health and acceptanceQuote of the Day by Selena Gomez: Selena Gomez’s quote, “You are not defined by an Instagram photo, by a like, by a comment. That does not ...
- Project Sudarsan: How Sebi is using AI to police finfluencers with 60% of investors trusting their adviceSebi is stepping up its use of artificial intelligence to monitor misleading financial advice on social media. Its Project Sudarsan tracks ...
- ETtech Explainer: Why Zee sued Nykaa over Instagram reels and what the fight is really aboutZee Entertainment has launched a lawsuit against Nykaa, accusing it of utilizing copyrighted music in its promotional Instagram reels. In r...
- English Premier League’s viewership is surging in India while its fans emerge as affluent, high-spending consumer classPremier League fans in India demonstrate significant spending power and digital service subscriptions. The league's reach has expanded cons...
- Fresh rules could increase OTTs' compliance burdenProposed government rules may increase compliance burdens for India's OTT industry. Platforms could need to retrofit thousands of hours of ...
- Three in five Americans favour stronger oversight of social media companies: Reuters/Ipsos pollThe poll, which was conducted over the six days ending August 3, comes as companies like Meta Platforms and Google's YouTube face mounting ...
- MeitY asks Meta to revamp algorithms, curb deepfakes and illegal content on platforms: Government sourcesIndia's MeitY has urged Meta to revise its algorithms and provide a compliance roadmap. The government seeks stronger detection and removal...
- MEA calls out 'fake news' over report claiming India sought defence pact with Israel after Pak-Saudi-Turkey dealIndia's Ministry of External Affairs has dismissed fake news reports. These reports alleged India sought a defense pact with Israel. The fa...
- Infosys signs 10-year pact with Crocs, deal pegged at over $200 millionInfosys has signed a ten-year strategic agreement with footwear company Crocs. This large transformation deal is estimated to be worth betw...
- Nielsen to acquire DoubleVerify for $2.15 billion in all-cash dealNielsen will acquire DoubleVerify for about $2.15 billion in an all-cash deal. This acquisition aims to create an independent media intelli...
- Representatives of social media platforms like Google, Meta appear before parliamentary panel on ITA parliamentary panel convened a meeting with social media platforms to address regulatory matters, which was also attended by government o...
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