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Mark Zuckerberg’s Metaverse Gamble Pays Off With $201 Billion Fortune
Buoyed by a record-high Meta Platforms Inc. share price, Zuckerberg’s net worth has climbed almost sixfold in less than two years to $201 billion (roughly Rs. 16,86,617 crore), the first time he’s exceeded the $200 billion mark (roughly Rs. 16,78,226 crore), according to the Bloomberg Billionaires Index. He’s moved to fourth place on the list...
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Refrain From Promoting Offshore Betting Platforms: Centre Cautions Influencers
The government on Thursday cautioned all endorsers and social media influencers to refrain from promoting or advertising, including surrogate advertisements, of offshore online betting and gambling platforms.
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Centre Warns News Outlets Of Action Over Advertisements Of Gambling Platforms
The central government on Friday warned media outlets against publishing or displaying advertisements of online betting platforms, failing which they would face legal action.
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Extortion Racket Linked To Gangster Lawrence Bishnoi Busted: Punjab Police
Punjab Police on Wednesday said it has busted an extortion racket backed by gangster Lawrence Bishnoi with the arrest of its three operatives who used to run an online gambling platform to lure the victims.
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Tax officers Detect Evasion By Online Betting, Gambling Platforms: Report
Tax officers have detected violation of GST law by offshore entities offering online betting and gambling platforms to Indian residents through mobile apps and are working on ways to tackle such mode of tax evasion, a source said.
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New Online Gaming Rules to Spur Innovation, Boost Investor Confidence
The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive. The norms are expected to help reduce regulatory fragmentation at the state level, and foster a more stable business environment, the industry said in one voice a...
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Government Issues Another Advisory Against Online Betting, Gambling Ads
The Ministry of Information and Broadcasting on Thursday advised media entities, media platforms and online advertisement intermediaries to refrain from carrying advertisements/ promotional content of betting platforms. In an advisory issued today, the Ministry has taken strong exception to the recent instances of mainstream English and Hindi newsp...
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Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
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Government Asks News Sites, TV Channels, OTT Platforms to Refrain From Showing Offshore Betting Site Ads
The Ministry of Information and Broadcasting on Monday issued two advisories advising private television channels as well as digital news publishers and OTT platforms to refrain from showing advertisements of offshore online betting sites and surrogate advertisements of these sites. The advisories were supplemented with evidence which contained dir...
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Twitch Bans Crypto Gambling Sites Amid Staunch Backlash From Creators
Hot on the heels of a Twitch streamer confessing to scamming friends and fans out, the platform has announced it will ban all crypto gambling livestreams from October 18.
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Online Gaming Platforms Involving Game of Chance Treated as Illegal, MoS IT Says
Online gaming platforms that involve a game of chance are treated as illegal, Minister of State for Electronics and IT Rajeev Chandrasekhar told the Lok Sabha on Wednesday. The minister also added that 'police' and 'public order' are state subjects and states and union territories are primarily responsible for the prevention, detection, investigati...
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Cyber Criminals Increase Usage of Crypto Mixers to All-Time High: Chainalysis
The percentage of funds passing through crypto mixers from the custody of cyber criminals touched its highest value of $51.8 million (roughly Rs. 413 crore) in April 2022. As per a Chainalysis study, nearly 10 percent of all funds sent from illicit addresses are sent to mixers in order to make the transactions between two wallets anonymous.
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Refrain From Advertising Online Betting Platforms: I&B Ministry to Print, Electronic, Digital Media
The Information and Broadcasting Ministry on Monday advised the print, electronic and digital media to refrain from advertising online betting platforms, saying betting and gambling are illegal in "most parts" of the country and pose significant financial and socio-economic risk for consumers.
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"Pose Financial Risk": Centre's Advisory On Online Betting Advertisements
The Information and Broadcasting Ministry advised the print, electronic and digital media to refrain from advertising online betting platforms, saying betting and gambling are illegal in "most parts" of the country.
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Google Refutes Paytm Claim That It Was Removed Due to Cashbacks
Paytm was briefly removed last week from Google Play Store for violating the platform’s content rules. While it was restored within a few hours, Paytm published a blog post saying that Google delisted the app as it was offering cashbacks. To this, the tech giant released a statement saying, “offering cashbacks and vouchers alone do not constitu...
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Mark Zuckerberg’s Metaverse Gamble Pays Off With $201 Billion Fortune
Buoyed by a record-high Meta Platforms Inc. share price, Zuckerberg’s net worth has climbed almost sixfold in less than two years to $201 billion (roughly Rs. 16,86,617 crore), the first time he’s exceeded the $200 billion mark (roughly Rs. 16,78,226 crore), according to the Bloomberg Billionaires Index. He’s moved to fourth place on the list...
-
Refrain From Promoting Offshore Betting Platforms: Centre Cautions Influencers
The government on Thursday cautioned all endorsers and social media influencers to refrain from promoting or advertising, including surrogate advertisements, of offshore online betting and gambling platforms.
-
Centre Warns News Outlets Of Action Over Advertisements Of Gambling Platforms
The central government on Friday warned media outlets against publishing or displaying advertisements of online betting platforms, failing which they would face legal action.
-
Extortion Racket Linked To Gangster Lawrence Bishnoi Busted: Punjab Police
Punjab Police on Wednesday said it has busted an extortion racket backed by gangster Lawrence Bishnoi with the arrest of its three operatives who used to run an online gambling platform to lure the victims.
-
Tax officers Detect Evasion By Online Betting, Gambling Platforms: Report
Tax officers have detected violation of GST law by offshore entities offering online betting and gambling platforms to Indian residents through mobile apps and are working on ways to tackle such mode of tax evasion, a source said.
-
New Online Gaming Rules to Spur Innovation, Boost Investor Confidence
The industry on Thursday said the new rules for online gaming will spur innovation, boost investor confidence and weed out gambling platforms while making the sector globally competitive. The norms are expected to help reduce regulatory fragmentation at the state level, and foster a more stable business environment, the industry said in one voice a...
-
Government Issues Another Advisory Against Online Betting, Gambling Ads
The Ministry of Information and Broadcasting on Thursday advised media entities, media platforms and online advertisement intermediaries to refrain from carrying advertisements/ promotional content of betting platforms. In an advisory issued today, the Ministry has taken strong exception to the recent instances of mainstream English and Hindi newsp...
-
Banned Loan Websites, Apps Given 48 Hours to Prove Their Genuineness: MeitY
The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday. Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...
-
Government Asks News Sites, TV Channels, OTT Platforms to Refrain From Showing Offshore Betting Site Ads
The Ministry of Information and Broadcasting on Monday issued two advisories advising private television channels as well as digital news publishers and OTT platforms to refrain from showing advertisements of offshore online betting sites and surrogate advertisements of these sites. The advisories were supplemented with evidence which contained dir...
-
Twitch Bans Crypto Gambling Sites Amid Staunch Backlash From Creators
Hot on the heels of a Twitch streamer confessing to scamming friends and fans out, the platform has announced it will ban all crypto gambling livestreams from October 18.
-
Online Gaming Platforms Involving Game of Chance Treated as Illegal, MoS IT Says
Online gaming platforms that involve a game of chance are treated as illegal, Minister of State for Electronics and IT Rajeev Chandrasekhar told the Lok Sabha on Wednesday. The minister also added that 'police' and 'public order' are state subjects and states and union territories are primarily responsible for the prevention, detection, investigati...
-
Cyber Criminals Increase Usage of Crypto Mixers to All-Time High: Chainalysis
The percentage of funds passing through crypto mixers from the custody of cyber criminals touched its highest value of $51.8 million (roughly Rs. 413 crore) in April 2022. As per a Chainalysis study, nearly 10 percent of all funds sent from illicit addresses are sent to mixers in order to make the transactions between two wallets anonymous.
-
Refrain From Advertising Online Betting Platforms: I&B Ministry to Print, Electronic, Digital Media
The Information and Broadcasting Ministry on Monday advised the print, electronic and digital media to refrain from advertising online betting platforms, saying betting and gambling are illegal in "most parts" of the country and pose significant financial and socio-economic risk for consumers.
-
"Pose Financial Risk": Centre's Advisory On Online Betting Advertisements
The Information and Broadcasting Ministry advised the print, electronic and digital media to refrain from advertising online betting platforms, saying betting and gambling are illegal in "most parts" of the country.
-
Google Refutes Paytm Claim That It Was Removed Due to Cashbacks
Paytm was briefly removed last week from Google Play Store for violating the platform’s content rules. While it was restored within a few hours, Paytm published a blog post saying that Google delisted the app as it was offering cashbacks. To this, the tech giant released a statement saying, “offering cashbacks and vouchers alone do not constitu...
