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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. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google, and
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The parent company of India’s ShareChat has raised nearly $300 million (roughly Rs. 2,325 crore) in fresh funding from Alphabet’s Google, media giant Times Group and Singapore’s Temasek Holdings, valuing the social media firm at nearly $5 billion (roughly Rs. 38,763 crore), two sources involved in the deal discussions told Reuters. A deal is set
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Instagram on Thursday announced ‘1 Minute Music’ tracks that bring a collection of songs and videos that can be used in making Reels and Stories on the platform. The Meta-owned app has claimed that this latest ‘1 Minute Music’ track collection comprises music from over 200 Indian musicians, including Dhvani Bhanushali, Neeti Mohan, Shaan, Himanshi Khurana, Aniruth,
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Twitter will face skeptical shareholders on Wednesday during its annual meeting, as doubt remains over whether the social media company will complete its deal to be acquired by billionaire Elon Musk at the agreed-upon price. The Tesla chief executive tweeted on May 13 that the $44 billion (roughly Rs. 3,41,300 crore) acquisition was “temporarily on hold” while
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Snap said the economy had worsened faster than expected in the last month and the social media company slashed its quarterly forecast, triggering an after-hours sell-off. Since late April, “the macroeconomic environment has deteriorated further and faster than anticipated. As a result, we believe it is likely that we will report revenue and adjusted EBITDA
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Facebook owner Meta Platforms will share more data on targeting choices made by advertisers running political and social-issue ads in its public ad database, it said on Monday. Meta said it would also include detailed targeting information for these individual ads in its “Facebook Open Research and Transparency” database used by academic researchers, in an
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WhatsApp is introducing free cloud-based API services in a push to get more businesses using the app, Meta Platforms CEO Mark Zuckerberg announced at the company’s messaging event on Thursday. The messaging service, which has increasingly courted business users, is one of several platforms where Facebook-owner Meta has launched more shopping and business-focused features. Zuckerberg,
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Do you follow influencers on social media? Do you always check their posts? Do you find you’re spending too much time or becoming obsessed with checking influencers’ accounts? And when you can’t check in, do you feel disconnected or lost? If you answered yes to all of these questions, you may have whats known as
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Elon Musk’s decision to accept some foreign investors as part of his $44 billion (roughly Rs. 3,37,000 crore) buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, legal experts say. Musk disclosed on Thursday that Saudi Arabia’s Prince Alwaleed bin Talal, Qatar’s sovereign wealth
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