Dream11 suspends Karnataka ops; Pine labs IPO..and more
The regulation of social media can be an opportunity for India
If social media networks come to be mandated to monitor user content as part of the ongoing scrutiny by the world’s governments, the world will need millions of censors in the coming years.
Pine Labs may file for nearly $1 bn Nasdaq IPO by Oct end
Pine Labs, which is aiming for a $6 billion Nasdaq listing, is likely to file paperwork for its initial public offering by the end of this month, two people directly aware of the company’s plan said.
Dream11 suspends operations in Karnataka after police lodged FIR
Dream11, one of India’s most popular gaming apps backed by Tiger Global, has suspended operations in the southern Indian state of Karnataka after a complaint was registered against its founders claiming it was in violation of a new state gambling law.
India to ban single-use plastics but experts say more must be done to
About 60% of plastic waste in India is collected – that means the remaining 40% or 10,376 tons remain uncollected, according to Anoop Srivastava, director of Foundation for Campaign Against Plastic Pollution, a non-profit organization advocating for policy changes to tackle plastic waste in India.
Indian investors in the dark as cryptocurrency ads gather steam
According to Dr Pavan Duggal, a seasoned Supreme Court advocate and a cyber law expert, few players are asking Indian investors to invest in cryptocurrencies, primarily because there is a big legal vacuum that exists in the country.
Michael Dell says blockchain technology is ‘underrated’
The founder and CEO of Dell Technologies said that blockchain as a category is “Probably underrated,” but declined to comment on whether bitcoin was underrated or overrated.
TikTok’s algorithm shows anti-vaccine videos to children as young as 9, researchers say
The popular social media app TikTok is feeding misinformation content to young children – even within minutes of signing up.
Facebook exec Nick Clegg said he couldn’t give a ‘yes or no answer’ on whether its algorithms boosted insurrection sentiments ahead of Jan. 6 riot
Facebook Vice President Nick Clegg sidestepped questions on Sunday about whether its algorithms worked to the benefit of insurrectionists leading up to the January 6 Capitol riot.
Elon Musk says Tesla is worried about a potential labor shortage at its Berlin Gigafactory
Tesla CEO Elon Musk on Saturday raised concerns about staffing at the company’s new Gigafactory plant outside Berlin, Reuters reported.
Third Wave of Corona: Preparing For Surge of 4.5 to 5 lakh Covid Cases a Day, Says Govt; Calls October-December Crucial
Thirty-four districts across nine states and union territories are reporting a weekly positivity rate of more than 10 per cent, while 28 districts across 12 states and UTs are reporting a weekly positivity rate between 5 and 10 per cent.