Facebook will pay $550 million to resolve claims it collected user biometric data without consent in one of the largest consumer privacy settlements in US history, according to a statement on Wednesday by lawyers for consumers. The accord, which requires a judge’s approval, will avert a trial that may have exposed the social networking company […]
Flipkart scouts for land to develop campus to house all its businesses
Walmart-owned Flipkart is looking for a new address. India’s largest online retail platform is scouting for land to develop a campus that will house all its businesses, according to realtors and industry officials. The project is expected to cost Rs 1,500 crore. One of Bengaluru’s oldest realtors said he was given a brief by Flipkart […]
Govt to bundle over 4,000 free movies with internet to attract first time users
Common service centres (CSCs), or digital kiosks, are planning to offer consumers in remote areas access to a catalogue of over 4,000 movies and other entertainment content, in a bid to attract first-time internet users in far-flung areas. According to a top official, CSCs have been given the mandate to offer last-mile internet connectivity through […]
Facebook takes down account of Jamia shooter
Facebook took down the account of ‘Rambhakt’ Gopal, a man accused of shooting a student of Jamia Millia Islamia University in Delhi on Thursday, saying the social network has no place for violence. A Facebook page in the assumed name of the man featured a livestream video of him advancing towards the university, where protests […]
Mastercard’s fintech bet pays off with higher card spending
By Jenny Surane Mastercard’s new initiative to team up with more startups on credit cards is beginning to pay off. The company has been initiating card programs for fintechs including Brex, Revolut Technologies and TransferWise, and has unveiled programs designed to make it easier for startups to join Mastercard’s network. That helped boost customers’ spending […]
Push for MSMEs to join ecomm exports
The government is in talks with ecommerce firms to help sell goods produced by small enterprises in remote parts of the country around the world via online marketplaces, and to identify district-wise products that can be promoted globally, amid sagging exports. “The idea is to increase overall exports, especially of small enterprises which are located […]
Regulating OTT players complicated: Trai
The issue of whether to regulate communication apps, known as over-the-top (OTT) players, isn’t likely to be resolved any time soon given that the matter is far more complicated than earlier thought, officials said. The telecom regulator has realised that it is no longer a financial arbitrage issue between telcos and apps, but one of […]
Trai extends comments deadlines on net neutrality rules paper
The telecom regulator has extended the deadline for stakeholder comments and counter-comments on its discussion paper on framing reasonable Internettraffic management practices, and also the governance structure of a multi-stakeholder body that will advise government on monitoring and applying net neutrality rules. The Telecom Regulatory Authority of India (Trai) in a statement Thursday, has now […]
Govt exemptions in the proposed Personal Data Protection law can be challenged, says Justice Srikrishna
Justice BN Srikrishna, the chief architect of the Personal Data Protection Bill, said the new provisions introduced by the government allowing itself to be exempted from the obligations of the proposed law can be challenged in the Supreme Court on the grounds of violating right to privacy. Srikrishna, speaking on the sidelines of ITech Law […]
Data Bill’s new clauses can be challenged, says Justice Srikrishna
New provisions in the Personal Data Protection Bill that allow wide exemptions to government agencies can be challenged in court, according to one of its main architects. The proposed law, currently being perused by a joint committee of Parliament, can be deemed constitutionally invalid, as it does not adhere to the Supreme Court’s 2017 judgment […]