Originally a 24-hour online shopping event held on Nov. 11 each year in China, the 'Singles Day' festival - a nod to the digits in the date - has expanded into weeks of promotions across the country's major e-commerce platforms and in brick-and-mortar stores.
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Fact: check or mate? States embrace fact check units amid freedom of speech concerns
Different state governments are in the process of setting up fact check units to combat misinformation. But, can they be neutral and independent of state control? ET asks career fact checkers for answers!
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from Tech-Economic Times https://ift.tt/8wnsSCt
MIB to bring OTT, digital news under proposed new broadcasting services legislation
The Ministry of Information and Broadcasting has opened public consultation on the Broadcasting Services (Regulation) Bill, 2023, designed to replace the Cable Television Networks (Regulation) Act of 1995. The proposed legislation aims to streamline regulatory processes, encompassing Over-The-Top (OTT) and digital news platforms, and update definitions and provisions for emerging technologies.
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from Tech-Economic Times https://ift.tt/1FTzGxK
Price wars during Chinese shopping fest expose consumer woes
This year's festival is being more closely watched than ever as a gauge of consumer confidence as China flirts with deflation and has identified boosting household demand as key to avoiding lost decades of sluggish growth.
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from Tech-Economic Times https://ift.tt/MSKnF4g
Companies rush for cyber insurance on data laws, digitisation
Generally higher claims and lack of strong IT systems for SMEs is causing insurers to be wary about offering these products actively.
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from Tech-Economic Times https://ift.tt/AwKTPaH
EU AI Act to serve as blueprint for global rules: lawmaker Brando Benifei
While several countries have been looking at ways to regulate AI, European lawmakers have taken a lead by drafting AI rules aimed at setting a global standard for a technology key to almost every industry and business. The draft rules could get approved by next month.
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from Tech-Economic Times https://ift.tt/l9Agp5M
Mutual funds are taking a shining to new-age stocks
An analysis of shareholding patterns of new-age firms such as Zomato, Paytm, Delhivery, Nykaa and PB Fintech, showed mutual funds have increased their holdings in several of these companies slowly but significantly over the last four quarters.
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from Tech-Economic Times https://ift.tt/icQjAel
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