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Social media ban for children under 16 becomes law in Australia

Social media ban for children under 16 becomes law in Australia

by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts Canberra: With bipartisan...
Social media ban for children under 16 becomes law in Australia

Social media platforms urge Australia to delay ban on children under 16

by AIP Online Bureau | Nov 25, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

The legislation would impose fines of up to 50 million Australian dollars ($33 million) on platforms for systemic failures to prevent young children from holding accounts. It seems likely to be passed by Parliament by Thursday with the support of the major parties.It...
Pressure groups trying to use social media to affect outcome of cases: ex CJI Chandrachud

Pressure groups trying to use social media to affect outcome of cases: ex CJI Chandrachud

by AIP Online Bureau | Nov 24, 2024 | Indian News, Risk Management, Technology

D Y Chandrachud, Former Chief Justice of India “Everybody, therefore wants to form an opinion in 20 seconds of what they see on YouTube or any social media platform. This poses a grave danger because the process of decision-making in the courts is far more...
RBI cautions public about ‘deepfake’ video of governor being circulated on social media

RBI cautions public about ‘deepfake’ video of governor being circulated on social media

by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

In a statement Tuesday, RBI said it has come to their notice that fake videos of the Governor (Shaktikanta Das) are being circulated in social media that claim launch of or support to some investment schemes by the RBI Mumbai:The Reserve Bank of India (RBI) has...

Must take action on hoax bomb threats to airlines, IT Ministry tells social media platforms

by AIP Online Bureau | Oct 26, 2024 | Indian News, Risk Management, Technology

“Considering the serious nature of the situation, the Ministry of Electronics and Information Technology reminds with emphasis that all the intermediaries including social media intermediaries must make reasonable efforts to disallow such malicious acts...
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