EU finds Meta failing to keep under-13s off Facebook, Instagram
The European Union has accused Meta of not effectively preventing users under 13 from accessing Facebook and Instagram, which could lead to substantial penalties for the tech behemoth. With a growing commitment to safeguarding children online, the EU is ramping up its initiatives. Meta, however, contests the EU's claims.
ICICI Prudential Mutual Fund announces change in fund management of two funds
ICICI Prudential Mutual Fund has announced changes in fund managers for two schemes effective May 1, with S Naren exiting both. The Passive Multi Asset FoF and Global Advantage FoF will see revised management structures. The update comes amid ongoing reshuffles within the fund house’s portfolio management teams.
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Australia moves to tax Meta, Google and TikTok to fund newsrooms
Australia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Platforms not striking deals will face a 2.25 per cent revenue tax. This initiative seeks to ensure investment in journalism for a healthy democracy. The government expects to raise significant funds annually.
India condemns terror attacks in Mali that killed Defence Minister Sadio Camara
India has strongly condemned the recent terrorist attacks in Mali. These coordinated assaults claimed the life of Mali's Defence Minister, General Sadio Camara, and several others. India stands in solidarity with the Malian government and its people during this difficult period. The nation reiterates its commitment to fighting terrorism and supporting regional peace and stability.
Australia to charge Big Tech companies 2% levy unless they strike local news deals
Australia is gearing up to implement a groundbreaking levy on major tech giants. If platforms like Meta, Google, and TikTok fail to compensate local news organizations for their content, they could incur hefty fees. This bold move is designed to revitalize Australian journalism.
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HSBC Mutual Fund announces launch of its SIF platform, RedHex
HSBC Mutual Fund introduces RedHex SIF, a new specialized investment fund in India. This offering provides investors with focused strategies and portfolio flexibility. It operates within the familiar mutual fund structure, emphasizing transparency and governance. RedHex SIF targets experienced, institutional, and HNI investors with a minimum investment of Rs 10 lakh.
How China block of AI deal could stop 'Singapore-washing'
China has blocked Meta's acquisition of Singapore-based AI firm Manus, signaling a crackdown on "Singapore-washing." This move, aimed at preventing the outflow of critical AI talent and technology, suggests Beijing is scrutinizing companies that relocate abroad to bypass national regulations. The decision highlights China's growing assertiveness in the global AI race.
Meta to backtrack acquisition of AI firm Manus after China block: report
Meta is reportedly reversing its acquisition of AI startup Manus. China has banned the deal, citing national security. The AI agent was founded in China but is now based in Singapore. Meta stated the transaction complied with law. Analysts had warned of regulatory issues amid US-China tech rivalry.
Netanyahu's rivals are joining forces. Would they shift Israel's security policy?
Two key rivals of Benjamin Netanyahu — Naftali Bennett and Yair Lapid — have formed a joint party, “BeYachad,” to challenge his government in upcoming elections, focusing mainly on domestic issues like military conscription.
Meta partners with space startup Overview Energy to secure solar power for data centers
Overview Energy is developing a system that can collect solar energy in space and beam it to facilities on the ground for power generation around the clock. Initial orbital demonstration of the system is expected in 2028, with commercial power delivery in 2030, the companies said.
TMC MP Mitali Bag alleges attack on car by BJP, EC seeks report
TMC MP Mitali Bag took to social media to express her outrage after her car was reportedly vandalized by BJP supporters in Hooghly district, characterizing the incident as an unprovoked aggression during her journey to a rally. The BJP has rebuffed her allegations, arguing that it's actually TMC workers who instigated the chaos, calling Bag's accusations mere theatrics.
eBay outage: Frustrated users turn to Instagram after Facebook and X support shutdown; ‘Your site was down all day on Sunday’
eBay experienced a significant outage on Sunday, April 26, leaving users unable to access the platform. With Facebook and X support already discontinued, frustrated customers flooded eBay's Instagram comments seeking urgent assistance. The cause of the disruption remains unconfirmed, with rumors of a cyberattack circulating but not officially verified.
Nedra Talley Ross, last surviving founding member of ‘The Ronettes’, dies at 80
Nedra Talley Ross, the final surviving member of the iconic 1960s group The Ronettes, has passed away at 80. Her death was confirmed by her daughter and the group's social media. Talley Ross was a key figure in shaping the sound of modern pop music. The Ronettes achieved chart-topping success with hits like 'Be My Baby'.
Latest on Cole Tomas Allen the suspect in the White House Correspondents' Dinner shooting; details on LinkedIn profile, CalTech degree and more
A man named Cole Tomas Allen from Torrance, California, is the suspect in a shooting at the White House Correspondents' Dinner. He allegedly fired a shotgun at a Secret Service agent inside the Washington Hilton. Allen, a registered guest, was detained at the scene. Investigators are probing his background and how he accessed the venue with a weapon.
Case registered over social media posts 'threatening' Kerala CM's security officer
Thiruvananthapuram City Cyber Police have registered a case and begun an investigation. This follows social media posts allegedly threatening a member of Chief Minister Pinarayi Vijayan's security team. The threats were made after the state assembly election. Several social media accounts are being investigated. The complainant's photograph and name were used in the posts.
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Chicago hospital shooting: Police officer dead, another critically injured. All about suspect
Chicago hospital shooting: The suspect, who was not publicly identified, fled the Endeavor Health Swedish Hospital.
Bitcoin near $78K, Ethereum steady near $2,300; rally cools after strong rebound
Bitcoin and Ethereum are trading near recent peaks. Bitcoin shows strong monthly performance and increasing dominance. Major altcoins saw mixed movements. Global crypto market capitalization slightly decreased. Geopolitical tensions and monetary policy uncertainty are influencing markets. Bitcoin is seen as an alternative macro asset. Capital remains concentrated in major cryptocurrencies.
Texas substitute teacher arrested after school flags concerns over improper relationship with student; probe on
A former Texas substitute teacher, Angela Palmares, was arrested and charged with an improper relationship with a student. The Llano County Sheriff's Office initiated an investigation after a report from Llano ISD, leading to Palmares' apprehension in Bell County. The felony charge stems from an alleged relationship that came to light on April 21, 2026.
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Norway plans to ban social media use by children under 16
Norway plans to ban children under 16 from social media. A bill will be presented to parliament by year-end. Technology companies will be responsible for age verification. This move aims to protect children's digital lives and ensure they experience a normal childhood. Other European nations are also considering similar measures.
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Reliance Enterprise Intelligence appoints Parminder Singh as CEO
Reliance Enterprise Intelligence Limited has appointed Parminder Singh as its Chief Executive Officer. The joint venture between Reliance Intelligence and Facebook aims to boost enterprise AI adoption in India. Singh brings extensive experience from tech giants like Google and Apple. He will lead the company in leveraging Meta's AI and Reliance's infrastructure.
Two trains collide in Denmark, leaving five people critically injured
Two local trains collided head-on north of Copenhagen on Thursday, injuring between five and 10 people. The incident occurred on the train line connecting Hillerod and Kagerup. All passengers have been safely evacuated from the trains, with emergency services responding to the scene.
Consumer watchdog group files suit alleging Meta profited on ads for scams
Consumer Federation of America has sued Meta, accusing the social media giant of profiting from scam ads and misleading users about safety efforts. Internal documents suggest Meta earns billions from such ads, despite claims of combating fraud. Meta denies the allegations, stating they will contest the lawsuit.
Australian social media ban marred by weak platform checks, tech providers say
Australia's teen social media ban faces enforcement challenges due to platforms' weak application of available age-checking tools, not technological limitations. Regulators are investigating major tech companies for suspected breaches, with significant fines at stake. Industry bodies assert that platforms' inconsistent use of age verification, rather than inadequate technology, allows underage access.
Meta breaks ground on over $1 billion data center in Oklahoma's Tulsa
Meta Platforms is constructing a massive $1 billion data centre in Tulsa, Oklahoma, to boost its AI infrastructure. This investment will create over 1,000 construction jobs and 100 operational roles, marking Meta's first facility in the state. The project underscores the company's aggressive push into artificial intelligence.
Former Meta contractor Sama to lay off more than 1,000 workers in Kenya
Facebook's parent company Meta has ended its contract with Kenyan firm Sama. This decision will lead to over 1,000 workers being laid off from Sama's Nairobi office. The company provided content moderation services for Meta. A lawsuit filed by former moderators over poor working conditions and mental health support is ongoing.
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