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Daily Digest Of Tech Policy News And Updates (May 10, 2021)

Bringing you quick updates on the tech space, policy-making and digital rights from India and across the globe.  Bengal police pull down 500+ social media posts The West Bengal Police have removed 500 posts deleted from social media platforms in the last 4 days. These posts were allegedly spreading fake news concerning “post-poll violence in Bengal” and “Hindu genocide in Bengal”, the Times of India reported. The police found that three videos, which were circulating on social media alleging violence by members of the re-elected Trinamool Congress, were actually from Brazil, Venezuela and Bangladesh. While the Crime Investigation Department has got Facebook, Youtube and Twitter to take down 300 posts, the state police pulled 200 posts from these platforms. Top Stories from MediaNama No data capture policy in place to govern vaccine alert apps Police has arrested people for pirating Hotstar streams: Sunil Rayan Government should enable traceability on crypto-currency investments: IndiaTech.Org 55 orgs, groups write to govt seeking transparency on Agristack and other digital moves around agriculture BharatPe raises Rs 50 crore in debt from Northern Arc Payments major BharatPe raised Rs 50 crore or $7 million in debt from Northern Arc Capital. This is the sixth debt round of funding for the company. Earlier this year, it had raised Rs 200 crore in venture debt from Alteria Capital, InnoVen Capital and Trifecta Capital, ICICI Bank and Axis Bank. The company has disbursed of over Rs 1,600 crore to more than 200,000 merchants since the launch of the lending…

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Reports on banking, payments, fintech and crypto-curencies. Additional reporting on media regulations, data protection and other areas.

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Paytm has tried to distance itself from Paytm Payments Bank due to the regulatory scrutiny.

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This amendment widens the scope of those allowed to delete records pertaining to the direction of interception from law enforcement bodies to other authorities...

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Pensioners can now use bank passbooks instead of mobile or Aadhaar for identity verification.

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Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

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The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

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Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

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Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

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RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.

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