META COMPLIANCE
Paytm wallet's return; Inside Jensen Huang’s Nvidia exit
Paytm has received RBI's in-principle approval to restart its wallet business. This and more in today’s ETtech Top 5.
Platforms seek DPDP alignment in NCPCR’s child safety guidelines
In a meeting held by NCPCR on Thursday, the platforms said age-assurance and parental-consent mechanisms under the data protection regime should be harmonised with any NCPCR guidelines rather than being governed by parallel obligations.
SC asks WhatsApp, others to list measures to prevent digital arrest, related cyber crimes
In an order uploaded on the website with regard to the hearing conducted on October 29 in a suo motu case titled 'In Re: Victims of Digital Arrest Related to Forged Documents', a bench headed by Chief Justice of India Surya Kant asked WhatsApp and like intermediaries to simultaneously submit their proposals to the I4C (Indian Cybercrime Coordination Centre).
Fintechs fortify cyber defences; Logistics cos in the speed lane
Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch.
Rogue AI agents exposing India’s data law blindspots
As companies edge closer to the May 2027 enforcement deadline for the Digital Personal Data Protection (DPDP) law, AI’s emerging cybersecurity risks are creating tension over what might constitute adequate compliance just six to seven months from now.
Meta tells Brazil's electoral court it treats Lula and Flavio Bolsonaro equally ahead of Sunday vote
Meta has taken steps to comply with a court order for equal treatment of presidential candidates in Brazil. The electoral court directed the company to ensure balanced platform coverage before the upcoming runoff election. This follows allegations from President Luiz Inacio Lula da Silva's campaign regarding biased algorithms favoring his opponent, Flavio Bolsonaro. Meta has implemented measures to uphold electoral advertisement regulations amidst growing tensions.
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Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
India needs its own AI safety framework, not a copy of US pact: Industry experts
India should build its own artificial intelligence (AI) safety framework suited to its languages, scale, and application-led AI ecosystem rather than replicate a voluntary pact signed by US President Donald Trump and top technology firms last week, industry experts said.
India needs its own AI safety framework, not a copy of US pact: Industry experts
Industry experts say India should develop an AI safety framework tailored to its own languages, scale and application-driven ecosystem rather than simply copy the voluntary US pact signed by major tech firms. While there is broad support for independent audits, accountability and safeguards against deepfakes and cyberattacks, experts differ on whether India should rely mainly on self-regulation or combine voluntary standards with binding rules.
Enterprises debate final shield they must deploy to stop rogue AI
With AI agents now capable of accessing systems, moving across digital environments and communicating with other agents, a bigger question is emerging for enterprises: Are they prepared for software that can make decisions, delegate tasks, act on its own and, in some cases, end up attacking their systems?
Global investing is no longer optional for Indian investors—but diversification is more than buying NVIDIA and Apple: Dhiraj Relli
But simply buying familiar names such as NVIDIA, Apple or Tesla does not automatically create a diversified international portfolio, warns Dhiraj Relli, MD & CEO of HDFC Securities.
Trump’s H-1B crackdown hurts Indian IT, but the industry saw it coming
Indian IT’s H-1B dependence was shrinking well before Donald Trump’s latest immigration crackdown. New H-1B approvals for seven major Indian IT firms fell 70% from 2015 levels by FY2025 as companies hired locally and moved more work offshore. The new fees and enforcement push could now accelerate that shift.
How to choose a safe, regulated forex broker in India
When choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. Analyze trading costs such as spreads, commissions, and swap fees. Opt for a trading platform that provides real-time pricing along with effective risk management features. Don't forget to scrutinize withdrawal policies and any potential fees from third parties, along with understanding partner programs' eligibility and payout details.
Government to ask Meta if US child safety defaults will extend to India as well
The Ministry of Electronics and Information Technology (MeitY) has been having regular meetings with Meta on technical measures since last month when Meta’s global executives were summoned to India over a host of issues, including the spread of child abuse content online.
Xi Jinping to bring large CEO delegation on US visit, sources say
President Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to support investment and commercial ties. Chinese companies have faced increasing scrutiny and U.S. restrictions on their operations. Expectations for the summit remain modest with limited prospects for major breakthroughs. Both nations are discussing reciprocal tariff reductions and non-tariff barriers.
NHRC seeks reports from MeitY, MIB, Delhi Police over Instagram CSAM ads
The commission took cognizance of the issue under Section 12 of the Protection of Human Rights Act, 1993, after considering media reports published by the BBC. According to the NHRC notice, a copy of which ET has seen, the advertisements allegedly used phrases such as “rape video” and “child video” and redirected users to Telegram channels where such material was allegedly offered for sale.
Meta’s $17.1 billion settlement puts Instagram and Facebook on a digital bedtime
Meta has agreed to pay up to $17.1 billion to settle a multistate lawsuit alleging Facebook and Instagram were designed to hook children, while introducing stricter controls for U.S. teenagers, including screen-time limits, overnight restrictions, reduced notifications, stronger parental controls and non-personalised feeds, according to ToI correspondent Chidanand Rajghatta’s report.
What Meta agreed to in US teen safety settlement
Meta will pay up to eighteen billion dollars to settle claims regarding child engagement. States alleged social media platforms enticed and retained young users, misleading the public about risks. The agreement includes monetary payments and nationwide changes to Meta's services for teenagers. Meta will implement teen safeguards, including daily time limits and overnight blocks. These changes will be phased in after the settlement takes effect.
Social media firms urge caution on early Australia under-16 ban data
Local heads of YouTube owner Google, Facebook and Instagram owner Meta, Snapchat and TikTok fronted a Senate inquiry as lawmakers pressed them on multiple studies, including from Australia's internet regulator, showing some 80% of minors were still on social media months after the ban took effect in December.
Meta says it has taken down 756,000 Australian teen accounts as ban enforcement looms
The company said it had deactivated 462,000 suspect Instagram accounts and 294,000 suspect Facebook accounts from just before the Australian social media ban went live in December to June, up from 331,000 Instagram accounts and 173,000 Facebook accounts it said it had removed by January.
Govt-Meta meeting later this week to assess progress after multiple rounds of talks on issues
A technical round of discussions followed on Friday, during which the social media company detailed how it plans to address the Centre's concerns over deepfakes, child sexual abuse material and unlabelled synthetically-generated content on its platforms. The government had asked Meta to take specific measures and report back on the outcomes.
India asks Meta to revamp algorithms, submit roadmap to fight deepfakes
MeitY has directed Meta to revamp algorithms and provide a compliance roadmap. Officials also asked Meta to tighten content moderation and act faster on takedown requests. The directive came after Meta admitted gaps in its current systems for harmful content. Discussions focused on algorithmic changes to limit propaganda and manipulated media spread.
ETtech Explainer: Why Meta's Zuckerberg may have to publicly bend the knee in India
A parliamentary panel sought an apology from Mark Zuckerberg over the removal of Prime Minister Narendra Modi’s Facebook post, warning that Meta could lose its intermediary immunity if he refused. During a meeting with Ministry of Electronics and Information Technology (MeitY) officials on Wednesday, Meta's chief global affairs officer Joel Kaplan conveyed Zuckerberg’s apology, sources told ET.
Govt-Meta meeting enters technical round on day 3; company lists ways to curb deepfakes, CSAM
After two days of meetings that saw IT Minister Ashwini Vaishnaw questioning Meta's team - led by global affairs head Joel Kaplan - on the content recommendation algorithms and the social media giant's compliance with local laws, day three of discussions was technical.
Meta promises stronger action on CSAM, deepfakes after meeting with Ashwini Vaishnaw
Meta representatives engaged in discussions with Minister Ashwini Vaishnaw to ensure alignment with Indian laws. Key topics included the removal of child exploitation material and the regulation of deepfake content. The company is mandated to adhere to local laws, dismissing any foreign legal standards. The government plans to scrutinize Meta's moderation policies and the accountability for paid content. Furthermore, notable Indian profiles will have safeguards against unjust removal.
After apology over PM Modi post, govt to question Meta on its algorithms
India's government will question Meta's global team about its algorithms and safeguards. This scrutiny follows a recent Facebook post removal incident involving Prime Minister Modi. Meta officials met with the IT Secretary and apologized for the platform lapse. The government seeks greater clarity on Meta's content moderation and enforcement systems. Discussions between the ministry and Meta's technical teams will continue.
Meta to meet MeitY officials over CSAM, AI content, compliance with Indian laws: S Krishnan
Meta executives will meet Indian IT ministry officials this week. They will discuss child abuse material and AI-generated content issues. The government seeks explanations for existing safeguards not working as intended. This meeting follows increased scrutiny of Meta's compliance with Indian regulations. India is also developing its own AI evaluation platform.
UK investigates Meta's compliance with WhatsApp data requests
Britain’s media regulator Ofcom has launched an investigation into Meta over details it provided about WhatsApp. The probe relates to a review of the market for business bulk SMS messages, used for alerts like deliveries and appointments. Ofcom said the information supplied by Meta may have been incomplete or inaccurate.
Meta will only make limited changes to pay-or-consent model, EU says
Meta Platforms made only limited changes to its pay-or-consent model, and EU regulators cannot confirm compliance with an antitrust order. The European Commission may impose periodic penalties starting June 27, if Meta continues to fail meeting the required standards.
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