Page 44 - Social Media

X CEO Yaccarino says Musk-owned platform could turn a profit next year

"The velocity of change and the scope of ambition at X really does not exist anywhere else," Yaccarino said

Major blow to TikTok, Indonesia bans e-commerce sales on social media

The move comes just three months after TikTok pledged to invest billion of dollars in Southeast Asia, mainly in Indonesia, over next few years in major push to build e-commerce platform TikTok Shop

Byju's rolls out new social media policy for employees amid layoffs

Any violation will be taken up by the company seriously and may result in appropriate disciplinary and legal action initiated against the employees, according to the internal company document

No recourse for user facing action by social media platform: Bombay HC

The Bombay High Court on Wednesday said it was troubled by the fact that the recently amended IT Rules to curb online fake news against the government offer no recourse to a person whose social media post has been removed or account suspended after being flagged by the proposed Fact Checking Unit (FCU). A division bench of Justices Gautam Patel and Neela Gokhale questioned where such a person would go when their post is unilaterally closed with no recourse available. It may or may not have a chilling effect but still needs to be considered, Justice Patel said. The bench was hearing arguments on a bunch of petitions challenging the amended Information Technology (IT) Rules. Stand-up comedian Kunal Kamra, the Editors Guild of India and the Association of Indian Magazines have filed petitions in the HC against the Rules, terming them arbitrary and unconstitutional and claiming that they would have a chilling effect on the fundamental rights of citizens. Solicitor General Tushar Mehta

Soon, Instagram's Threads to let users edit published posts: Details here

Unlike X, which offers this feature only to premium subscribers, the edit feature will be open to everybody on Instagram's Threads

Children addicted to social media, user age limit needed: Karnataka HC

The court noted that some content should not only be banned from the social media but from the internet

Musk says X may go behind paywall, charge users a 'small monthly payment'

The Tesla and SpaceX boss didn't specify what the new subscription payment would cost but described it as a "small amount of money"

Are ads coming to your WhatsApp chats soon? Here's what Meta says

The Menlo Park-based company has been trying to improve its revenue as investors are concerned about the company's bet on virtual reality and the 'metaverse'

US SC pauses order curbing Biden admin efforts to block social media posts

The US Supreme Court on Thursday temporarily blocked a lower court order curbing Biden administration efforts to combat controversial social media posts on topics including COVID-19 and election security. White House communications staffers, the surgeon general and the FBI are among those affected by the order, which resulted from a lawsuit claiming the White House and executive branch agencies unconstitutionally squelched conservative points of view. The administration asked the Supreme Court to put the order on hold while it prepares an appeal. The lower court order was to take effect Monday. Thursday's Supreme Court order delays the effective date until September 22. Plaintiffs in the lawsuit have until Wednesday to file a response. A federal judge in north Louisiana previously issued a sweeping order on July 4 that effectively blocked multiple government agencies from contacting platforms such as Facebook and X (formerly Twitter) to urge that content be removed. A panel of thre

Court scales back order on Biden admin contact with social media platforms

A federal appeals court Friday significantly whittled down a lower court's order curbing Biden administration communications with social media companies over controversial content about COVID-19 and other issues. The 5th US Circuit Court of Appeals in New Orleans on Friday said the White House, the Surgeon General, the Centers for Disease Control and the FBI cannot coerce social media platforms to take down posts the government doesn't like. But the court threw out broader language in an order that a Louisiana-based federal judge issued on July 4 that effectively blocked multiple government agencies from contacting platforms such as Facebook and X (formerly Twitter) to urge that content be taken down. Even the appeals court's softened order doesn't take effect immediately. The administration has 10 days to seek a Supreme Court review. Friday evening's ruling came in a lawsuit filed in northeast Louisiana that accused administration officials of coercing platforms to take down conte

Sebi to curb finfluencers to help investors get accurate, unbiased info

The rise of financial influencers or finfluencers, who charge as high as Rs 7.5 lakh for a post on social media, introduced a new way for people to access and interpret financial information, and now they will soon come under the regulatory purview as Sebi proposed measures to curb their mushrooming numbers. The proposed move by Sebi not only ensures that investors receive accurate and unbiased information but also helps in preserving authenticity and reducing fraud, Anand Rathi Wealth Deputy CEO Feroz Azeez told PTI. Under the proposal, finfluencers need to be registered with Sebi and adhere to specific guidelines. Also, it has been proposed to ban unregistered finfluencers from partnering with mutual funds and stockbrokers for promotional activities. While many finfluencers provide valuable insights, there has been a growing concern over the potential risks associated with unregulated finfluencers who might offer biased or misleading advice. They usually work on a commission-based

Jungkook unveils new look in TikTik dance challenge, know more about him

Jungkook revealed his new look in a viral TikTok video, fans looked surprised and reminisced about his previous hairstyle. Know more about BTS member Jungkook and his solo debut

Video, audio calls soon to be made available for X, says owner Elon Musk

Elon Musk said that the feature will work on iOS, Android, Mac, and PCs

X, formerly Twitter, plans to collect user biometric, job, school data

X (Twitter) said it also intends to gather information about users' jobs and education histories

'X' introduces job listing feature, to be available for verified users

The feature will be available to premium users for a monthly payment of $1,000 or Rs 82,300

OnlyFans owner Radvinsky got $338 mn in dividend as 2022 profit soared

OnlyFans posted profit of $403.7 million in the year ending Nov. 30, up 24% from the previous year, its parent company Fenix International Ltd. said in a report published on Thursday

X Corp gets last chance from HC to show takedown order compliance proof

X Corp (formerly Twitter) has been given one more and last opportunity by the Karnataka High Court to submit material to show compliance of the blocking orders issued by the Ministry of Electronics and Information Technology (MeiTY). The counsel for X Corp informed the bench of Chief Justice Prasanna B Varale and Justice M G S Kamal that he was awaiting instructions from the client and sought time for the same. The HC, while adjourning the case to September 15, made it clear that it was the last chance the company was being granted. Today counsel for appellant prays for adjournment on the ground that he is awaiting instruction, accordingly one more and last opportunity is granted. Appeal is adjourned to September 15, the HC recorded. Twitter (later changed to X Corp) had approached the HC against several blocking orders issued by the MeiTY. A single-judge bench had dismissed the petition and imposed a cost of Rs 50 lakh for approaching the court without complying with the Ministry'

Delhi gears up for G20 summit, police to bump up security, preparations

Delhi Police will track social media to prevent any rumour-mongering or inflammatory posts, identify and check criminal elements and focus on malls, markets and religious places in the city as part of security drills for the G20 summit, officials said on Thursday. According to an official, all borders will be "sealed to prevent unwarranted entry" into the national capital though normal vehicular and public movements will be allowed, they said after a review meeting held by Lieutenant Governor V K Saxena with top Delhi Police officials, including the police commissioner. They said that if some particular groups intend to stage protest or indulge in nuisance during the two-day mega event, it will come under "unwarranted entry" and police will stop them from entering the city. The LG was informed during the meeting that 60 deputy commissioners of police (DCPs) were drafted to oversee and manage specific tasks related to the G20 summit next month, Raj Niwas officials said. The DCPs wil

India among top 5 countries with fastest-growing AI talent: LinkedIn report

More than 40% of workforce in the country has witnessed technology's use increasing in their organisations

Tesla CEO Elon Musk threatens new lawsuit over hate speech report

Tesla CEO, Elon Musk, on Thursday, threatened new litigation against those asking for curbs on free speech or related to hate speech claims