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Home-grown Koo raises $30 million, valuation pegged at $150 million

Home-grown Koo raises $30 million, valuation pegged at $150 million 4 days ago Homegrown social-media company Koo, which was launched last year as a competitor to Twitter,  raised $30 million as part of a Series B round, and is now valued at $150 million. The fresh round of funding will be utilised mainly to strengthen engineering, product and community efforts across all Indian languages at Koo, the company said in a statement. Koo’s fundraise comes at a time when its primary competitor Twi...
Aprameya Radhakrishna Ravi Shankar Prasad Balaji Srinivasan Piyush Goyal Nikhil Kamath Sujeet Kumar

WhatsApp will not limit features on users yet to agree to new terms

WhatsApp will not limit features on users yet to agree to new terms 7 hours ago In a reversal to an earlier statement, WhatsApp says that it will not limit features to users who are yet to “agree” or provide consent to their new privacy policy, and will await the proposed Personal Data Protection (Bill) which is being deliberated by a parliamentary committee. The platform will instead “remind users from time to time about the update as well as when people choose to use relevant optional f...
It Ministry Facebook Inc Delhi High Court Competition Commission Information Technology Competition Commission Of India

Social Media New Rules: What social media giants stand to lose, and why you should be worried

Synopsis If they lose their immunity as intermediaries, they will be equally responsible for any unlawful content (say, obscene pictures or impersonation) as the person posting such content under the Indian Penal Code. Reuters The platforms are continuing to negotiate and are seeking six months time to comply with the new rules. Just a few hours remain for social media platforms- Facebook, WhatsApp and Twitter - to comply with the governments new Information Technology Rules, 2021. If they fail...
Information Technology Information Technology Rules Indian Penal Chief Compliance Officer Nodal Contact Person Resident Grievance Officer

Twitter Faceoff: Speculations over 'Twitter ban' over non-compliance with government norms | India News

If these social media giants fail to comply with the new Information Technology Rules 2021 (Intermediary Guidelines and Digital Media Ethics Code) notified by the government by Wednesday, they may lose their status and protections as intermediaries and criminal action can be taken against them as per the laws of India. Speculations were rife on micro-blogging platform over its future in India along with other social media platforms. While many were in favour of banning Twitter, many other tren...
North Korea Istandwithtwitterindia Sudarsan Srinivasan Vivek Ranjan Agnihotri Delhi Police Twitter Headquarters Welldonedelhipolice Bantwitterinindia Team Hindu United Information Technology

We Aim To Comply With IT rules: Facebook Says It Is Working To 'Improve Efficiencies' Over New IT Rules

We Aim To Comply With IT rules: Facebook Says It Is Working To Improve Efficiencies Over New IT Rules Facebook logos (Freepik) Facebook on Tuesday (25 May) said in a statement that it intends to comply with the provisions of Indias Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. Facebook said it would continue to discuss the few issues "which need more engagement" with the government, as per a report in ANI News The statement comes ahead of the end ...
India Information Technology Intermediary Guidelines Information Technology Information Technology Intermediary Guidelines Intermediary Guidelines Digital Media Ethics Code Information Technology Rules

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Red tick - The Hindu BusinessLine

Red tick WhatsApp’s changes to its privacy policy are violative of user privacy and consumer rights Now that WhatsApp has clearly indicated in its response to the Centre’s missive last week that it cannot roll back changes to its privacy policy, the latter has no option but to act. The absence of a personal data protection law is a huge handicap in this context but the existing laws, specifically Sections 43A and 72A of the Information Technology Act, 2000, read along with rules framed th...
Mark Zuckerberg Cambridge Analytica While The Information Technology Information Technology Us Federal Trade Commission Delhi High Court

WhatsApp privacy policy alive, India needs stricter action

WhatsApp privacy policy alive, India needs stricter action With the controversial WhatsApp privacy policy coming into effect from Saturday for its over 2 billion users including more than 400 million in India   |  16 May 2021 2:38 AM GMT NEW DELHI: With the controversial WhatsApp privacy policy coming into effect from Saturday for its over 2 billion users including more than 400 million in India, industry experts emphasized that the Government must implement stricter data privacy rules and r...
Raj Ramachandran Virag Gupta Jyoti Arora Ministry Of Electronics Supreme Court J Sagar Associates

India needs stricter action as WhatsApp privacy policy goes live

New Delhi: With the controversial WhatsApp privacy policy coming into effect from Saturday for its over 2 billion users including more than 400 million in India, industry experts emphasised that the government must implement stricter data privacy rules and restrain the Facebook-owned app as was done while banning Chinese apps to protect the sovereignty of the country. Giving an interim solace for those who do not accept the new policy, WhatsApp has said that its users will not immediately lose ...
New Delhi Raj Ramachandran Virag Gupta Jyoti Arora Ministry Of Electronics Supreme Court

India needs stricter action as WhatsApp privacy policy goes live: Report

Users will encounter limited functionality on WhatsApp until they accept the updates. MeitY filed an affidavit that the new privacy policy of WhatsApp violates the Information Technology Rules of 2011. New Delhi, May 15 (IANS) With the controversial WhatsApp privacy policy coming into effect from Saturday for its over 2 billion users including more than 400 million in India, industry experts emphasised that the government must implement stricter data privacy rules and restrain the Facebook-owne...
New Delhi Raj Ramachandran Virag Gupta Jyoti Arora Ministry Of Electronics Supreme Court
Source: india.com

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