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India is reportedly moving forward with a sweeping ban on cryptocurrencies. The bill is likely to pass if it’s introduced, giving India some of the world’s strictest digital currency laws. Reuters’ source, a government official, didn’t specify the punishment for breaking the rules after that. Photo by Michele Doying / The Verge.
The following case study from India reveals how the social sector responded and adapted to the challenges and opportunities created by COVID-19. . Despite this rise in funding, several hurdles remain for philanthropy to achieve its potential and meet the growing needs of nonprofit organizations across India. .
By: Richard Beighton, Chief of Resource Mobilization and Partnerships, UNICEF India. India has become the first country to report more than 400,000 new coronavirus cases in a single day. Although over 160 million shots have been given, almost 32 million of these were second vaccines, meaning that only 10% of India’s 1.3
VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market.
OpenAI is working with former Twitter India head Rishi Jaitly as a senior advisor to facilitate talks with the government about AI policy, TechCrunch has exclusively learned. OpenAI is also looking to set up a local team in India.
India has instructed the public not to preorder Starlink, SpaceX’s satellite-based internet service, according to a report from Reuters. As the report notes, the Indian government says that the company needs to obtain a license to operate in the country before it starts deploying its services. DoT India (@DoT_India) November 26, 2021.
Over the last few years, US lawmakers have grown increasingly concerned over TikTok’s handling of user data and the relationship between its parent company — the Beijing-based ByteDance — and the Chinese government. We have never provided user data to the Chinese government, nor would we do so if asked.”.
India’s Ministry of Electronics and Information Technology has banned TikTok, WeChat, and several dozen other China-based apps it views as “engaged in activities. prejudicial to sovereignty and integrity of India,” according to a press release. India is a huge market for TikTok, which is owned by Chinese company ByteDance.
The official website for VLC Player has been inaccessible in India for a few months now. The Indian government banned it, possibly after a security incident, but that won't necessarily stop Indian users from getting it.
India is drafting rules to detect and limit the spread of deepfake content and other harmful AI media, a senior lawmaker said Thursday, following reports of proliferation of such content on social media platforms in recent weeks.
In June 2020, the Indian government passed the space sector reforms and established the Indian National Space Promotion and Authorization Center (IN-SPACe) to allow private companies to use ISRO’s infrastructure. It carries three customer payloads, including one from a customer outside India. Indian space startups raised over $245.35
Mastercard has announced a $10 million commitment to address COVID-related needs in India, where the numbers of virus-related diagnoses and deaths have skyrocketed in recent weeks, overwhelming the healthcare system in many areas. Working with the government and local partners, the hospitals, when fully deployed, could help an estimated 2.5
Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. Shares of Alibaba are off around 30% from their recent record highs set in late October.
Apple’s warnings in late October that Indian journalists and opposition figures may have been targeted by state-sponsored attacks prompted a forceful counterattack from Prime Minister Narendra Modi’s government. Officials publicly doubted Apple’s findings and announced a probe into device security.
India’sgovernment has sent notices to social media platforms ordering them to take down content that refers to an “Indian variant” of the COVID-19 virus, Reuters reported. A variant of the coronavirus first detected in India last year, B.1.617 Illustration by Alex Castro / The Verge.
Privacy-focused search engine DuckDuckGo has been restored in India after being unreachable for many users there since July 1st, Android Police reported. Some users reported the Indian government appeared to be behind the block, and others said they were getting what appeared to be DNS lookup errors, according to Android Police.
Facebook is testing Instagram’s Reels feature in India, Business Insider reports. The news emerged just days after the Indian government banned TikTok along with 58 other China-based apps. The news emerged just days after the Indian government banned TikTok along with 58 other China-based apps.
Twitter is now legally liable for content posted by its users in India after failing to comply with the country’s new IT rules, the government said in a legal filing. Although the Indian government has claimed Twitter has lost this legal protection, experts have said that the final decision ultimately rests with India’s courts.
Facebook-owned messaging service WhatsApp is suing India’sgovernment over new internet rules it claims are unconstitutional and will “severely undermine the privacy” of its users, The New York Times reports. Responding to efforts by India and other countries to force it to trace messages, WhatsApp has published an FAQ on its website.
India’sgovernment has told Twitter it could face “unintended consequences” if it fails to comply with the country’s new social media rules, Reuters reported. Twitter has tangled with the Indian government on several fronts in recent months. Illustration by Alex Castro / The Verge.
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with the local anti-money laundering act and asked the IT Ministry to block their (..)
Twitter has removed more than 50 tweets critical of the Indian government’s handling of the coronavirus pandemic, and did so at the request of the Indian government. The censored accounts include a sitting member of India’s Parliament, two filmmakers, an actor, and a West Bengal state minister.
Google says its flood prediction service, which uses machine learning to identify areas of land prone to flooding and alert users before the waters arrive, now covers all of India and has expanded to parts of Bangladesh as well. In June, it hit the milestone of covering all the worst flood-hit areas of India.
India’s financial crime-fighting agency conducted searches at multiple premises of the Bengaluru-headquartered CoinSwitch Kuber on Thursday, alleging the crypto exchange startup violated forex laws, four people familiar with the matter told TechCrunch. “We receive queries from various government agencies.
Nvidia has approached the Indian government to explore the development of a new AI chip tailored to the local technology market. According to a report from The Economic Times, Nvidia founder Jensen Huang proposed the project to leverage India's highly skilled workforce in chip design. Read Entire Article
“We think it will be the best place to invest,” said Shleifer of India at his rare appearance. “We think it will be the best place to invest,” said Shleifer of India at his rare appearance. The New York-headquartered firm, which counts India among its top three markets globally, has deployed over $6.5
Sequoia Capital India, one of the most prolific and successful investors in India and Southeast Asia, addressed the fraudulent practices allegations levelled against some of its portfolio startups and pledged to take proactive steps to do more to drive increased compliance. Both the developments were first reported by Bloomberg News.).
Here’s a sampling of what we tried to recap on the show: Didi vs. China: The Chinese government’s crackdown on Didi continued over the weekend, after announcing a cybersecurity review of the company on Friday. Twitter vs. India: India’s attempts to cow Twitter into not enacting its own content moderation policies continues.
India’s parliament has passed a telecommunications bill that replaces its century-old rules as the country, with over 1.17 billion telephone connections and 881 million internet subscribers, aims to modernize connectivity and embrace new services including satellite broadband, just months before general elections.
Apple is said to be lobbying the Indian government in a move that could see the company manufacture iPads in the country for the first time. Reuters reports that the government is planning to launch an incentive scheme designed to boost India’s computer exports, and Apple wants in — but is angling for a better deal. 200 billion.
The startup, whose founder has barely spoken about the marquee ride-hailing service in a year and through the firm bought his brother’s fintech startup Avail Finance in March, is also struggling to grow sales of its electric vehicles, according to government data.
Even co-founders Mayank Banerjee, Matilde Giglio and Alessandro Ialongo say nowhere is this more evident than in India, especially after the COVID death toll reached 4 million this week. Banerjee grew up in India and said the country is similar to the United States in that it has government-run and private hospitals.
On a clear afternoon, Laxmi (name changed) was sitting in her office in Gujarat, India, when she received a message from her distant relative, saying that they received some of her “morphed” nude photos from multiple phone numbers on WhatsApp along with a text that reads, “loan thief.”
The PUBG Corporation says it plans to launch a new PUBG Mobile game in India, after being banned in the country in September due to the mobile app’s links to China’s Tencent. At the time of its ban, the game was India’s top downloaded title, with some 50 million users. of the game is clearly the China version from Tencent Green blood?
The Indian government, led by Prime Minister Shri Narendra Modi, has approved a new $1.24 billion investment for the IndiaAI mission, a "national-level" plan designed to create an all-Indian AI ecosystem from scratch. Most of the proposed funds will likely be allocated to build a new, powerful high-performance computing (HPC).
Barot underlined that India needed strong data privacy laws to help limit growing instances of data exposures and leaks. Earlier this month, the Indian government withdrew the long-anticipated Personal Data Protection Bill that was promoted to bring stringent rules to help protect its citizens’ privacy.
Investment app StashAway has raised a $25 million Series D led by Sequoia Capital India, with participation from returning investors Eight Roads Ventures and Square Peg. After regulatory approvals for the funding are completed, Sequoia Capital India managing director Abheek Anand will join StashAway’s board of directors as part of the round.
Twitter is now complying with the Indian government’s new internet rules, a lawyer representing the federal government has told a court in Delhi, Bloomberg reports. Government previously said Twitter had lost legal immunity. The Indian government has also been unhappy with Twitter’s moderation policies.
Doctors, hospital owners, journalists, and other Twitter users in India have been tweeting and amplifying pleas for oxygen supplies on social platforms out of desperation, as new coronavirus cases and deaths there hit record highs. India is reeling from a second wave of COVID-19 cases.
India has announced new regulations for social networks and other web services in the country, particularly “significant social media” companies with large user bases, like Facebook and Twitter. India’s Ministry of Electronics and Information Technology (MEITY) announced the rules earlier today. Illustration by Alex Castro / The Verge.
Digital India is more than just an initiative; its a vision to transform India into a digitally empowered society and knowledge economy. Launched in 2015 by the Government of India, this initiative
The title, PUBG Mobile, amassed over 50 million monthly active users in India, becoming the most popular mobile game in the country, until it landed on the list of apps New Delhi ordered to block over national security concerns. Krafton’s investments in India so far. Krafton’s India team (Image credits: Krafton India).
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