The 245th Report of the Parliamentary Standing Committee calls for a review of the IT Act 2000 since many of the serious offences are bailable; it has recommended amending the Act to make the offences severely punishable and to make intermediaries responsible for compensating victims, notes former Central Board of Indirect Tax & Customs chairman Najib Shah.
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Australian Prime Minister Anthony Albanese announced on Monday, November 10, that a social media ban for children under 16 will come into effect on December 10.
Albanese called the law, first introduced in November 2024, a “world-leading social media law” that would protect childhood and empower parents as well.
The legislation titled ‘Online Safety Amendment (Social Media Minimum Age) Bill 2024’ was enacted into law on December 10. The act restricts children under 16 from using a host of platforms, including Instagram, Facebook, TikTok, X, Snapchat,…
“Yes, yes, we have seen our morphed pictures too,” the CJI remarked during the hearing of a public interest litigation (PIL) seeking regulation of Generative AI (GenAI) in India’s judicial system.
The Supreme Court Bench, headed by CJI Gavai, was hearing a plea filed by advocate Kartikeya Rawal, which called for a legislative or…
Sales in October rose 16.9%, the slowest pace since February 2024. Analysts on average expect TSMC sales to increase 27.4% in the current quarter. Still, TSMC shares have gained about 37% since the beginning of this year.
Global tech stocks suffered a rout last week on investors’ growing unease over the sector’s sky-high valuations, with Wall Street chief executives warning…
In a post on X, Chauhan said AI is a “very useful technology” that will generate “substantial productivity gains in most areas like electricity, telecom, or IT did.”
He argued that large US companies and the US government “tried to project it as a matter of large investments rather than use of brains,” adding that the focus on “extremely…
Jeff Walters, Managing Director and Partner at Boston Consulting Group (BCG), called AI’s rise “unlike any other technological shift seen in recent times,” adding that “with what’s happening with AI today, India is a leader on many metrics.” He said the country is poised to drive innovation “at…
This is a notable decline from its previous market share, indicating increased competition from smaller players. OpenAI’s market share has been declining gradually, with several competitors like Perplexity and Claude AI gaining ground.
Despite the decrease, OpenAI continues to dominate the generative AI chatbot market, holding a significant…
At CNBC-TV18’s Global Leadership Series 2025, Jeff Walters, Managing Director and Partner at Boston Consulting Group (BCG), said AI’s impact is unlike any other technological shift seen in recent times.
“With what’s happening with AI today, India is a leader on many metrics,” he noted, adding that the country is poised to…
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