Thursday, 18 August, 2022
TopicBig tech

Topic: Big tech

Joining global trend, India likely to bring law for Big Tech to pay news publishers for content

Getting tech giants to share revenue for news content is an 'important issue' & 'needs to be tackled legislatively', Union minister Rajeev Chandrasekhar said Saturday.

We are entering the age of Web3. It hinges on reclaiming power from big tech

The third iteration of the internet – Web3 – will be defined by open-source technology, utilizing blockchain technology.

US tech giants aren’t monopolies, they are engaged in fiercely competitive markets

The theory that banning big tech companies from making acquisitions would stimulate competition is dubious. Mergers and acquisitions are typically a spur to efficiency, not a barrier.

Google to Facebook, tech firms leaning on retd IAS officers to deal with Modi govt

Technology companies like Google, Facebook, Twitter or Amazon are under increased scrutiny and regulatory pressure of the Modi govt. They need an insider in power corridors.

Warning from RBI: Growth of ‘big tech’ in payments & services poses financial stability risk

In its financial stability report, RBI said concerns have intensified around a level playing field with banks, too-big-to-fail issues, challenges for antitrust rules among others.

Why India must embrace the G7 proposal to tax multinational tech giants

The G7 proposal indicates a political momentum that could lower India’s jurisdictional tax arbitrage.

Without the privacy and data protection law, India’s regulation of Big Tech will be ad hoc

Concentration of power when it comes to discourse—what is promoted, shared or suppressed—should be more worrying than concentration of wealth.

India, Russia, Nigeria are all learning to suppress Twitter, Facebook from the US

The Nigerian Twitter ban should be a warning to US lawmakers and activist. Their efforts to rein in US-based social media giants risk restricting democratic freedoms worldwide.

Zuckerberg’s proposal for tech regulation isn’t as transparent as it looks

Facebook’s AI does not take the total amount of harmful content down, and the company doesn’t share how many people viewed it before it was removed.

Big tech firms can push Trump off social media but they can’t get rid of rage

Deplatforming Trump is likely to serve as a catalyst for creating alternatives to the service providers. It’s inevitable that unsavory communities will form on the internet.

On Camera

YourTurn

Bihar Chief minister Nitish Kumar with Deputy CM Tejaswi Yadav | ANI File Photo

Operation Lantern fails to light up in Bihar. And BJP in search of a Brahmin face in UP

The no-fuss change of government in Bihar, without horse-trading or MLAs in resorts, has prompted a coalition partner to request the CM to make arrangements for a trip to a hill station.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

(From left) Defence Minister Rajnath Singh, External Affairs Minister S. Jaishankar, US Secretary of Defence Lloyd J. Austin and US Secretary of State Antony Blinken after the India-US 2+2 Ministerial Dialogue, in Washington, 12 April, 2022 | Credit: ANI Photo/ PIB

USAF secy needs Pentagon escort but Indian attaché doesn’t — that’s how deep India-US ties are

Frank Kendall, Secretary of the US Air Force, says the unescorted access to Pentagon for Indian defence attaché 'is aligned with the trust and cooperation we share'.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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