Tiger Global is leading Koo apps new funding round, while there are two new investors—IIFLs venture capital fund and South Korea s Mirae Asset Management, co-founder Aprameya Radhakrishna says.
The Twitter Tip Jar feature, which would allow users to make in-app payments to content creators, has been developed in collaboration with Razorpay. Already launched in the US, it’s currently in the pilot-testing phase in India.
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India is among the top three internet markets with close to 700 million users and its digital policy making is being followed closely. If companies accede to government diktats in India, they can’t refuse to do elsewhere, according to internet and legal experts. India’s ban of Chinese short video app TikTok had been cited in the US executive order seeking a similar halt on the Bytedance-owned company. In the past, India’s demand for traceability had also found resonance in countries such as the US, the UK and Australia.
The new Intermediary Liability Rules mandate social media companies with over 5 million users in India to not just enable traceability of end-to-end encrypted messages, but also establish local offices with senior officials to deal with law enforcement and user grievances.
How Facebook Oversight Board sees India’s new social media rules
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Policymakers and regulators have a valuable role to play on content moderation and issues concerning Facebook, the Facebook Oversight Board says on India’s new social media rules.
New Delhi: Policymakers and regulators have a valuable role to play on content moderation issues and issues concerning Facebook, the social media giant’s content oversight board told The Economic Times in response to queries on
India s new social media rules.
“We see the oversight board as one part of the solution to content moderation issues around the world,” said the Facebook Oversight Board, which was created to review content takedowns on Facebook and Instagram based on user appeals and cases referred to it by the company. “The oversight board wasn’t designed to solve every issue with Facebook. Policymakers and regulators have a valuable role to play.”
India Messaging App Rules | WhatsApp sticks to its stance on end-to-end encryption
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WhatsApp says it is evaluating all options after the government notifies India s new messaging app rules, and that it will not bend on the issue of end-to-end encryption for user privacy.
New guidelines for Social Media, OTT Platforms: How will it impact you?
Bengaluru | New Delhi:WhatsApp is evaluating “all options” following the government’s mandate to trace the origin of contentious messages, people aware of the matter told The Economic Times, adding that the Facebook-owned app remains committed to offering users end-to-end encryption on its platform.