India

India fines Meta $25.4 million over WhatsApp privacy policy

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[ad_1] India’s competition watchdog has fined Meta $25.4 million for antitrust violations related to WhatsApp’s controversial 2021 privacy policy. The Competition Commission of India also issued cease-and-desist orders against Meta and its messaging subsidiary WhatsApp, alongside mandating behavioral remedies. The ruling follows the regulator’s 2021 investigation into WhatsApp’s “take-it-or-leave-it” privacy terms, which sparked concerns over … Read more

Xiaomi taps PhonePe’s app store for India smartphones

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[ad_1] Xiaomi will replace its app store with fintech PhonePe’s offering for customers in India starting January. The move is a major win for the Indian startup, as well as a sign of further recalibration for the Chinese hardware giant in one of its biggest markets outside its home country. Xiaomi, the second largest smartphone … Read more

Reliance, Disney complete India media merger valued at $8.5 billion

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[ad_1] Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that will dominate the streaming and television markets in the world’s most populous nation. The deal, proposed in February, brings together Disney’s Star India with Reliance-controlled Viacom18 under a joint venture that will control about 85% of India’s … Read more

Lightspeed doubles down on Wheelocity as it pivots to rural India commerce

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[ad_1] While India’s urban population is shifting from mom-and-pop stores to quick commerce platforms, its rural side — home to more than 800 million people — still heavily relies on offline businesses for daily consumption. Wheelocity aims to transform that untapped market to let people living beyond the top 200 cities of the country easily shop … Read more

India issues notice to Wikipedia over concerns of bias

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[ad_1] Wikipedia is facing mounting regulatory pressure in India as local authorities question whether the platform should continue to enjoy legal protections as a neutral intermediary rather than being classified as a publisher.  The Indian Ministry of Information and Broadcasting issued a notice to Wikipedia on Tuesday questioning the encyclopedia’s intermediary status that’s offered to … Read more

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