Crackdown

Indian digital payments firm Paytm said on Monday Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit, as the embattled company overhauls its board in the wake of a central bank clampdown.Paytm likely to partner with four banks for enabling UPI transactions, sources sayTroubledPaytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the…

The Georgia state House voted Thursday to crack down on deepfake artificial intelligence (AI) videos ahead of this year’s elections. The House voted 148-22 to approve the legislation, which attempts to stop the spread of misinformation from deceptive video impersonating candidates. The legislation, H.B. 986, would make it a felony to publish a deepfake within 90 days of an election with the intention of misleading or confusing voters about a candidate or their chance of being elected. The bill would…

 Tinder is expanding its identity verification program at a time when artificial intelligence (AI) can make it hard to tell who's real and crime is rising on dating apps. Tinder, the world's most popular dating platform, is rolling out the system in the US, the UK, Brazil and Mexico over the coming weeks and months. It's already been testing the feature in Australia and New Zealand, where people who had been verified saw a 67% increase in matches compared to those who didn't, the company said in a statement on Tuesday. …

 The Misinformation Combat Alliance (MCA) and Meta have announced that a dedicated fact-checking helpline on WhatsApp - aimed at combating deepfakes and deceptive AI-generated content - will be available for the public in March 2024.The pledge to crack down on deepfakes comes at a time when the world's largest democracy is preparing for general elections. The Lok Sabha elections are due in April-May this year. "The Misinformation Combat Alliance (MCA) and Meta are working on launching a dedicated fact-checking helpline…

Apple Inc.'s iMessage and Microsoft Corp.'s Bing search engine, Edge web browser and Advertising service will avoid strict new European Union rules reining in Big Tech platforms.A probe concluded that the services don't hold a dominant enough position to be regulated under the EU's Digital Markets Act, the European Commission announced on Tuesday. Apple and Microsoft said they welcomed the decision in separate statements following the announcement.  The decision from EU regulators is a win for the two US firms, which…

Apple’s iMessage and Microsoft’s Bing escaped the scrutiny of the European Union’s new Digital Markets Act by the skin of their teeth. The investigation by the regulator found that both platforms do not hold a dominant enough position to be brought under the DMA’s strict rules for services provided by big tech’s “gatekeepers,” which include Apple, Meta, Google, Amazon, and TikTok. Of course, Apple and Microsoft both said that they welcomed the decision. Neither one wants to be forced to be interoperable with their…

Apple Inc.'s iMessage and Microsoft Corp.'s Bing search engine, Edge web browser and Advertising service will avoid strict new European Union rules reining in Big Tech platforms. A probe concluded that the services don't hold a dominant enough position to be regulated under the EU's Digital Markets Act, the European Commission announced on Tuesday. Apple and Microsoft said they welcomed the decision in separate statements following the announcement.The decision from EU regulators is a win for the…

Brokerage firm Macquarie has downgraded Paytm to ‘underperform’ and sharply cut its target price to Rs 275 from Rs 650 citing a serious risk of customer exodus which “significantly jeopardises its monetisation and business model”.The downgrade comes in the wake of the recent regulatory action on Paytm Payments Bank by the Reserve Bank of India. In a January 31 order, the RBI barred Paytm Payments Bank from offering banking services after February.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Image Source : FILE Representational Image The government has recently blocked approximately 140,000 mobile numbers due to their involvement in cyber crimes or financial fraud. Government officials, led by Financial Services Secretary Vivek Joshi, met to discuss cyber security in the financial services sector. They covered various topics, including integrating banks…

According to the email, the restriction took effect for new subscribers at the end of January and goes into effect for existing subscribers on March 14. "We're adding limitations on sharing your account outside of your household," the email explained, "and explaining how we may assess your compliance with these limitations."Unless specifically allowed, the company said (and there's nowhere in any Disney+ agreement or tier that does provide this allowance), users can't share their subscription outside of their…