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Final version of IT rules with data protection standards will be released soon: MoS Rajeev Chandrasekhar

The final version of the Information Technology (IT) Rules, 2021, with the new legislation is expected soon, according to Rajeev Chandrasekhar, Minister of State for Electronics and IT, who spoke recently at the India Ideas Summit organised by the US-India Business Council.

“We will see a very modern, very global standard set of laws that enable our trillion-dollar goal, Prime Minister Modi’s technological vision, and protect the rights and interests of all Indian citizens.” Commerce event Chandrasekhar went on to say that the government would hold several rounds of public and stakeholder consultations before reintroducing the data protection bill.

by Techcrunch

Texas Attorney General Ken Paxton late on Thursday said he is suing online gaming platform Roblox over child safety concerns, accusing the company of “deceiving parents about the dangers of its platform.” Source link

by Techcrunch

OpenAI execs have been fielding plenty of questions about how they expect to pay for the $1.4 trillion worth of data center build-outs and usage commitments they’ve accrued this year, given that their revenue — while rising rapidly — is a $20 billion annual run rate, CEO Sam Altman said Thursday in a post on X. Source link

by Techcrunch

After Zohran Mamdani clinched the New York City mayoral race on Tuesday night, his campaign announced former FTC chair Lina Khan as one of the transition team’s four co-chairs. Source link