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Google Play Store Rolls Out Verified Badge for VPN Apps Focused on Privacy and Safety
Google on Tuesday announced a new way for users to identify ‘trusted’ apps and make informed choices on the Play Store. Consumer-facing VPN apps that meet the user privacy and safety standards will now appear with a verified badge, in compliance with the Mountain View-based technology company’s Play safety and security guidelines Play safety ...
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Opinion | CSR: Compliance To Catalyst For Change
In todays landscape, strategic CSR functions as a bridge between business and social value, with companies aligning their strategies to achieve long-term goals while maintaining responsiveness to evolving ground realities.
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iPhone Users in the EU Will Be Allowed to Change Default Apps, Delete App Store
Apple announced on Thursday that it will soon allow iPhone and iPad users in the European Union (EU) region new options to change default apps, delete first-party apps, and more. The decision was made in compliance with the EU’s Digital Markets Act (DMA) which prohibits tech companies from practising anti-competitive policies.
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Binance Reaffirms Commitment to Indian Laws Following Significant GST Notice
Binance, facing a GST payment of Rs. 772 crore in India, has promised to comply with local authorities. However, the company has yet to provide further details regarding its situation with the DGGI.
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WhatsApp Policy Violations Led to Over 71 Lakh Account Bans in India in November
WhatsApp has announced that over 71 lakh accounts in India were banned in November 2023. As part of its latest monthly compliance report under the IT Rules 2021, the company revealed that it banned over 19 lakh accounts in India "proactively", without user reports. It also acted on a handful of over 8,000 grievances received from users last Novembe...
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New Binance CEO Richard Teng Ensures Users on Asset Safety Post Zhao’s Exit
Binance now has a new CEO, Richard Teng, who was appointed by Changpeng Zhao last week. Prior to this, Teng served as the global head of regional markets at the crypto exchange. In his first address to the Binance community as the company CEO, Teng ensured that Binance users’ assets saved with the exchange are safe and secure.
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Binance Crypto Exchange to Sell Its Russia Business to CommEX for Undisclosed Amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.
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Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans
Gemini crypto exchange will be growing its development centre in Gurugram as part of its India expansion plans. The company officially announced its plan on doing so in an official blog published on September 26. Meanwhile, Gemini has already onboarded over 70 people to its Gurugram team since its foray into India that first started in May this yea...
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Koo Not Competing Against X, Meta's Threads by Meta; Going After Deeper, Regional Audiences: Co-Founder
Koo is not competing head-on against X (formerly Twitter), or even the recently-launched Threads by Meta, and is instead going after regional audiences with its language-based approach, co-founder of the homegrown platform, Aprameya Radhakrishna, has said. Radhakrishna said Koo can be social-media-as-a-service, tailoring itself in compliance with ...
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Binance, CEO Zhao File Motion to Dismiss US CFTC Complaint
Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the US Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday. The CFTC sued Binance, Zhao and former Chief Compliance Officer Samuel Lim in March, alleging they violated the Commodity Exchange Ac...
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Markets Regulator SEBI's New Disclosure Norms To Kick In From Tomorrow
The compliance burden on listed companies is set to increase from Saturday as capital markets regulator SEBI has put in place a stricter timeline for disclosure of material events or information by them.
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FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
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After ChatGPT, Italy's Regulator Plans to Review Other Artificial Intelligence Platforms
Italy's data protection authority Garante plans to review other artificial intelligence platforms and hire AI experts, a top official said, as it ramps up scrutiny of the powerful technology after temporarily banning ChatGPT in March. Garante is among the most proactive of the 31 national data protection authorities which oversee Europe's data priv...
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Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
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Byju CEO Assures Compliance Over Suspected Breaches of Forex Laws in Internal Memo After ED Raids
Indian education platform Byju's CEO is confident that the country's financial crime-fighting agency will find the company compliant after raids on its premises over suspected breaches of foreign exchange laws, according to an internal memo.
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Google Play Store Rolls Out Verified Badge for VPN Apps Focused on Privacy and Safety
Google on Tuesday announced a new way for users to identify ‘trusted’ apps and make informed choices on the Play Store. Consumer-facing VPN apps that meet the user privacy and safety standards will now appear with a verified badge, in compliance with the Mountain View-based technology company’s Play safety and security guidelines Play safety ...
-
Opinion | CSR: Compliance To Catalyst For Change
In todays landscape, strategic CSR functions as a bridge between business and social value, with companies aligning their strategies to achieve long-term goals while maintaining responsiveness to evolving ground realities.
-
iPhone Users in the EU Will Be Allowed to Change Default Apps, Delete App Store
Apple announced on Thursday that it will soon allow iPhone and iPad users in the European Union (EU) region new options to change default apps, delete first-party apps, and more. The decision was made in compliance with the EU’s Digital Markets Act (DMA) which prohibits tech companies from practising anti-competitive policies.
-
Binance Reaffirms Commitment to Indian Laws Following Significant GST Notice
Binance, facing a GST payment of Rs. 772 crore in India, has promised to comply with local authorities. However, the company has yet to provide further details regarding its situation with the DGGI.
-
WhatsApp Policy Violations Led to Over 71 Lakh Account Bans in India in November
WhatsApp has announced that over 71 lakh accounts in India were banned in November 2023. As part of its latest monthly compliance report under the IT Rules 2021, the company revealed that it banned over 19 lakh accounts in India "proactively", without user reports. It also acted on a handful of over 8,000 grievances received from users last Novembe...
-
New Binance CEO Richard Teng Ensures Users on Asset Safety Post Zhao’s Exit
Binance now has a new CEO, Richard Teng, who was appointed by Changpeng Zhao last week. Prior to this, Teng served as the global head of regional markets at the crypto exchange. In his first address to the Binance community as the company CEO, Teng ensured that Binance users’ assets saved with the exchange are safe and secure.
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Binance Crypto Exchange to Sell Its Russia Business to CommEX for Undisclosed Amount
Cryptocurrency exchange Binance said on Wednesday it will sell its Russia business to newly-launched exchange CommEX, becoming the latest company to pull out of Moscow since the country began its war against Ukraine.
-
Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans
Gemini crypto exchange will be growing its development centre in Gurugram as part of its India expansion plans. The company officially announced its plan on doing so in an official blog published on September 26. Meanwhile, Gemini has already onboarded over 70 people to its Gurugram team since its foray into India that first started in May this yea...
-
Koo Not Competing Against X, Meta's Threads by Meta; Going After Deeper, Regional Audiences: Co-Founder
Koo is not competing head-on against X (formerly Twitter), or even the recently-launched Threads by Meta, and is instead going after regional audiences with its language-based approach, co-founder of the homegrown platform, Aprameya Radhakrishna, has said. Radhakrishna said Koo can be social-media-as-a-service, tailoring itself in compliance with ...
-
Binance, CEO Zhao File Motion to Dismiss US CFTC Complaint
Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the US Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday. The CFTC sued Binance, Zhao and former Chief Compliance Officer Samuel Lim in March, alleging they violated the Commodity Exchange Ac...
-
Markets Regulator SEBI's New Disclosure Norms To Kick In From Tomorrow
The compliance burden on listed companies is set to increase from Saturday as capital markets regulator SEBI has put in place a stricter timeline for disclosure of material events or information by them.
-
FTX Alleges Former Lawyer of Aiding Sam Bankman-Fried's Fraud, Silencing Whistleblowers
FTX filed a complaint on Tuesday in US Bankruptcy Court in Delaware, accusing one of its former top lawyers, of aiding fraud by company founder Sam Bankman-Fried and silencing whistleblowers who reported wrongdoing at the company. Daniel Friedberg, a former chief compliance officer at FTX and general counsel of its related crypto hedge fund Alameda...
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After ChatGPT, Italy's Regulator Plans to Review Other Artificial Intelligence Platforms
Italy's data protection authority Garante plans to review other artificial intelligence platforms and hire AI experts, a top official said, as it ramps up scrutiny of the powerful technology after temporarily banning ChatGPT in March. Garante is among the most proactive of the 31 national data protection authorities which oversee Europe's data priv...
-
Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
-
Byju CEO Assures Compliance Over Suspected Breaches of Forex Laws in Internal Memo After ED Raids
Indian education platform Byju's CEO is confident that the country's financial crime-fighting agency will find the company compliant after raids on its premises over suspected breaches of foreign exchange laws, according to an internal memo.
