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Brazil judge opens inquiry into Musk for obstruction involving social media company X

Brazil judge opens inquiry into Musk for obstruction involving social media company X

by AIP Online Bureau | Apr 8, 2024 | International News, Policy, Regulation, Technology

Elon Musk Musk is challenging a decision by Moraes ordering his social media platform X to block certain accounts Brasilia: Brazilian Supreme Court Justice Alexandre de Moraes on Sunday opened an inquiry into Elon Musk for obstruction of justice involving social media...
Social commerce set to scale, but concern of authenticity looms large: Industry

Social commerce set to scale, but concern of authenticity looms large: Industry

by AIP Online Bureau | Apr 7, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

”Social commerce is expected to grow 10x by 2030 to a USD 55 Billion market in India. It is particularly strong in Tier 2 and Tier 3 cities with a focus on affordable products, particularly in the fashion and home improvement space,” said Anand Ramanathan,...

Canadian school boards sue social media giants for over C$4 bln in damages

by AIP Online Bureau | Apr 1, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The products are “negligently designed for compulsive use, have rewired the way children think, behave and learn,” a joint statement by the boards said. That has caused learning and mental health crises in students, resulting in the schools having to invest more in...

Finance Ministry refutes misinformation on social media over income tax regime

by AIP Online Bureau | Apr 1, 2024 | Data, Eco/Invest/Demography, Pension & Social Security, Policy

Under the new tax regime, the tax rates are significantly lower, though the benefit of various exemptions and deductions (other than standard deduction of Rs 50,000 from salary and Rs 15,000 from family pension) is not available, as in the old regime, the Finance...
Social media platforms need Govt nod to launch AI models in India

Social media platforms need Govt nod to launch AI models in India

by AIP Online Bureau | Mar 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“It is reiterated that non-compliance to the provisions of the IT Act and/or IT Rules would result in potential penal consequences to the intermediaries or platforms or its users when identified, including but not limited to prosecution under IT Act and several...
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