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Social media and internet giants Google and Meta are headed for a clash in India over the critical issue of age verification and consent management for young internet users below 18.
Google: The ministry of electronics and information technology is likely to issue a definitive “risk-based” framework with multiple options for social media and internet intermediaries to ensure age-gating and subsequent parental consent management.
Google: Though the idea behind safe harbour as a safety mechanism for social media and other internet intermediaries against third-party content "is a good principle", it should not be an excuse for companies to avoid being regulated by the government or from the roles and responsibilities intermediaries have to protect against inappropriate or unlawful or harmful third party content, he said.
Shares of Paytm tanked 20% in intraday trade Thursday after the payments major said it would take a cautionary approach towards small-ticket loans. This and more in todays ETtech Top 5.
"A framework that has a safe harbour from being responsible for all the content that's travelling over your systems is a cornerstone to ensuring innovation and investment in those technologies. If a company is liable for everything that is going across their system, they can be very hesitant about growing products and services to facilitate content," the vice president of government affairs and public policy at Google, Markham Cho Erickson said.