mulling

The government is mulling to come with a framework to prevent exploitation of content creators by big platforms on internet, minister of state for electronics and IT Rajeev Chandrasekhar said on Friday. The minister said that big powerful commercial platforms online have started to distort fundamental characteristic of openness of the internet. "I think to maintain the openness, the symmetry between those who create the content and those who distribute the content, there is a need for some sort of conversation or…

The Indian Government is contemplating lowering import tariffs and duties on completely built-up EVs to lure Elon Musk's Tesla to India. Currently, CBUs with a price tag below $40,000 face an import duty of 70 per cent, while those priced above $40,000 face a 100 per cent import duty…

The US Federal Trade Commission is expected to vote next week on whether to send demands for information about deceptive advertising to eight social media and video streaming companies, the agency said on Thursday.The agency did not say which social media companies would receive the demands but said that the information would be used to determine what steps they have taken to detect and remove deceptive advertising from their platforms. Some of the biggest social media companies are Facebook and its subsidiaries Instagram…

Private equity firms Accel and Tiger Global, two early backers of Indian e-commerce firm Flipkart, are in talks to sell their remaining stake in the company to parent Walmart for about $1.5 billion (roughly Rs. 12,235 crore), the Economic Times reported on Thursday.The stake, which collectively amounts to about 5 percent, would raise Walmart's ownership in the e-commerce giant, the newspaper reported citing people familiar with the matter."They (Accel and Tiger) want to sell and exit now fully. The discussions are moving…

A few days back, a mysterious Samsung device with the model number SM-K741B/DS popped up on a certification website. Two more devices from the same series have since been spotted, bearing model numbers SM-K746B/DS and SM-K748B/DS. While there’s no information available about these devices, Samsung has hinted at the possibility of a new flagship line for 2023. In a meeting with its business partners last month, the company reportedly said that it is “preparing to introduce a new S series that strengthens the core…

Toyota reportedly is considering a “reboot” of its electric car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four sources have told the Reuters news agencu. The proposals under review, if adopted, would amount to a dramatic shift for Toyota and rewrite the US$38bn EV launch plan Toyota announced last year to better compete with rivals like Tesla,…

The artist formerly known as Kanye West could face a lawsuit from the family of George Floyd for spreading the incorrect and unproven narrative that he died of a drug overdose during his wildly controversial Drink Champs podcast appearance. Civil rights attorney Lee Merritt posted on Twitter Sunday that a lawsuit against Ye is under consideration based on the disgraced artist’s “false statements about the manner of his death.” Ye cited Candace Owens’ latest documentary about Floyd and the Black Lives Matter movement to…

Image: Photo by Jerod Harris/Getty Images for Lionsgate Action hero Keanu Reeves could go behind the camera for his next project, as a much-anticipated comic book adaptation nears production. Reeves’s own comic book BRZRKR saw near instant appeal for a live-action adaptation, with Netflix purchasing the rights to produce a film version just three weeks after the first issue was released. The twelve issue series follows an immortal warrior (designed to look like Reeves) who battles his way through different…

Tesla and SpaceX CEO Elon Musk has decided to visit Indonesia in November this year, as he reportedly wraps up Tesla operations in India amid continuous requests from top ministers and senior politicians to come and manufacture electric cars in the country. The Indonesian government wants Musk to set up a world-class electric batteries industry as the country has vast nickel reserves. Indonesian President Joko ‘Jokowi’ Widodo met Musk in Starbase, SpaceX’s rocket production facility, test site, and spaceport in Boca…

A visitor walks near a Nissan logo at Nissan headquarters on May 12, 2022, in Yokohama near Tokyo. Nissan is considering adding a new auto plant in the U.S. to keep up with growing demand for electric vehicles, a top executive at the Japanese automaker said Friday, May 13, 2022. Credit: AP Photo/Eugene Hoshiko, File Nissan is considering adding a new auto plant in the U.S. to keep up with growing demand for electric vehicles,…