OTT platforms to have self-regulation bodies; Centre sets ‘classification rating’
+ 1 in 3 WhatsApp messages incites hate and fear of Muslims; Snapchat’s India user base crosses 60 mn
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#ShortNewsOverChai
Centre sets ‘classification rating’ for OTT platforms such as Netflix and Amazon Prime
This move has taken to describe the content and advise discretion for viewers of films and series.
OTT platforms will have self-regulation bodies headed by a retired judge or an eminent person: I&B Minister Javadekar
Social media will reveal the first originator of any mischievous tweet or message.
India plans to oblige social media companies to remove contentious content within 36 hours of posting
Cyber-security incidents must be addressed within 72 hours of a request.
One in three WhatsApp messages from 2018 to 2019 incites hate and fear of Muslims: Report
It also found that the message spread faster and are circulated longer than positive messages.
India, AIIB sign a $304 million loan agreement to improve Assam power transmission
It aims to strengthen Assam’s electricity system by constructing 10 transmission substations.
India comes second in the Asia Pacific in number of cyberattacks faced in 2020: IBM Report
After Japan, India accounts for 7% of all attacks in the region.
Indians are the most overworked workers globally but subjected to minimum statutory wage: ILO Report
Indian ranks fifth in the world among countries with long working hours.
RBI Governor: Cryptocurrency such as Bitcoin will impact financial stability in the economy
RBI is working closer towards launching India’s own digital currency.
The government’s plan to ban Bitcoin has pushed investors to sell their crypto assets
Investors booked profits after Bitcoin fell by about $10,000.
ASCI’s influencer marketing guidelines may impact ad spending temporarily
Marketers expect a marginal drop in influencer ad spends but also assume that things may not change drastically.
Quote of the day:
“Right to silence is virtue in present noisy times” - Facebook VP to SC
VP Ajit Mohan contends that the Delhi assembly has no legislative power to examine peace and harmony.
#Dhandha Corner
Snapchat’s India user base has crossed the 60 million mark
It plans to take its India localisation strategy globally.
SaaS practising company UST acquires ServiceNow business from abhra
After ServiceNow’s acquisition, UST customers can maximise the value from SaaS investments.
Grofers is in talks with Cantor Fitzgerald’s SPAC for Nasdaq listing to mark its public market debut
It is expected to raise $400 million to $500 million on the Nasdaq listing.
Some #GoodReads
A Guide to Startups: VC and PR are like Drugs!
"I’ve lost millions, hired hundreds, raised millions and sold companies before the age of 30." Read this to become better.
Why Product Management is Hard?
And why good product management matters? Click to read.
The Greatest Marketing Deal in Sports History!
This is the story of how two brothers became bitter rivals, built multi-billion-dollar businesses, and why a $120,000 payment will be remembered forever. Read more.
More #GlobalTechNews
Australia’s Parliament passes the News Media bargaining code, forcing Facebook, Google to Pay for News
Digital giants may face similar action from global regulators.
After the Australia row, Facebook plans to invest $1 billion in the news industry
The social network’s commitment to the news industry follows Google’s $1 billion investment last year.
Biden to seek $37 billion for the legislation to boost chip manufacturing amid shortfall
The chip industry has pressed the administration and Congress to take action.
Samsung starts the production of power-efficient ‘Solid State Drive’ for data centres
“PM9A3E1.S” is the industry’s first data centre-used SSD product based on 6th Gen V-NAND chips.
Google plans to reduce the commission rate to 30% for in-app purchases in South Korea
Lawmakers said, amid complaints from local software developers over steep commission costs.
Deutsche Bank and Mastercard to deepen collaboration on digital payment solutions
Deutsche Bank hopes that the segment will provide it with additional income as it further cuts costs.
#RandomlySpeaking
India-Pakistan agrees to stop cross-border firing in Kashmir
Both the two DGsMO agreed to this in achieving mutually beneficial, sustainable peace along the borders.
PNB Scam: UK court to decide on Nirav Modi’s two-year-long extradition case today
Nirav Modi was arrested on an extradition warrant on March 19, 2019.
Indian Railways increases the fare of short-distance trains to discourage ‘unnecessary travel’
Currently, almost 65% of the mail and express trains and over 90% of the suburban trains are in services