Social Financial News

U.S. Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform violated the privacy rights of children, rather than claims it misled adult users about its data privacy practices, according to a source familiar with the matter. The U.S. Federal Trade Commission investigated the potential violations by TikTok and its parent company ByteDance and referred the case to the Justice Department on Tuesday.

Dexter: Original Sin" emerges as the latest installment in the enduring saga of everyone's favorite TV serial killer, Dexter Morgan, portrayed by Michael C. Hall. Over a decade since Dexter's original series finale and following the recent limited series sequel, «Dexter: New Blood,» this prequel promises to explore the origins of Dexter's infamous alter ego.

Praveen Chakravarty on Friday apologised for his post on social media platform X, criticising Karnataka Congress government's decision to hire the Boston Consulting Group (BCG) to help with suggestions to boost state revenue. Chakravarty, chairman of Professionals' Congress & Data Analytics, had faced backlash from his party after his dig at the government was echoed by the opposition BJP. Posting a retraction on X, Chakravarty said his comments reflected his private opinion, and weren’t intended to be a criticism of the Karnataka government. “I posted my private opinion on the broader culture of outsourcing core political & policy functions to outside consultants with no ‘skin in the game.’ It’s an issue that is debated widely in research circles & my comment was purely academic…I have spoken with & expressed my apologies for causing inadvertent harm to the leadership in Karnataka,” he wrote. The Siddaramaiah-regime roped in the BCG earlier this week, under pressure to find funding to fulfil its guarantee programmes, which will cost the state around Rs 52,000 crore this fiscal year. The government has already hiked taxes on fuel, liquor, and property, and is said to be considering further rate revisions to mobilise revenue. The guarantee programmes themselves have come under fire after the party managed to win just nine out of 28 seats in the state in the recent general elections.

We are talking about journalism this week, about newspapers and warring newsrooms and lost readership and what to do. At bottom, though this gets lost, all the arguments are really about what journalism is. Here is what it is.

Federer: Twelve Final Days, an 88-minute feature-length documentary (Amazon Prime Video), follows Federer through those final days from drafting his retirement announcement, counting down to its posting on social media, along with reactions from his family, including parents, friends, colleagues and media, up to his final farewell. The film by Academy Award-winning director Asif Kapadia and co-director Joe Sabia features archival footage (including Federer as a ball boy), interviews and appearances by his arch rivals and friends, including Nadal, Andy Murray and Novak Djokovic. London-based Kapadia, known for his in-depth documentaries on personalities with dramatic life stories (Senna, Amy), spoke to Lounge about crafting this intimate swansong.

Anu Dhankad’s involvement in the Burger King shooting is just one instance of this disturbing trend. As per a report by The Times of India, gang leaders are leveraging social media to recruit women fascinated by crime, drawing them into their syndicates. These women aren't mere accomplices but play multifaceted roles from honey-trapping targets to executing reconnaissance and even participating in lethal operations, recent cases reveal, the report stated.

global expansion (including acquisitions) are among the objectives cited behind Oyo's latest fund raise and increasing its authorised share capital, as per the regulatory documents seen by ET. ET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary general meeting (EGM) held on June 18. The shareholders also gave their nod to increasing Oyo's authorized share capital from Rs 901.14 crore to Rs 1,341.14 crore.

Sania Mirza and cricketer Mohammed Shami getting married. Both Sania and Shami are prominent figures in their respective sports. Sania, who has recently retired from professional tennis, is India's most successful women's tennis player. Shami, on the other hand, is a key pace bowler who played a crucial role in India's journey to the ODI World Cup 2023 final. These rumors emerged in the wake of Sania’s separation from Pakistani cricketer Shoaib Malik earlier this year and Shami’s ongoing separation from his wife Hasin Jahan. Despite the buzz, Sania’s father, Imran Mirza, has firmly dismissed these wedding rumors. «This is all rubbish. She has not even met him,» Imran told NDTV.

Instagram’s 2010 launch flooded the zone with a whole genre of #travel photos. You know the look: oversaturated images with crowds cropped out that have made places from Patagonia to Iceland yawn-inducingly familiar. And with 39% of us now using social media for trip inspiration, according to the 2024 American Express Global Travel Trends Report, our feeds have become vacation-themed echo chambers.

Green finance is one of the most fundamental requirements to make MSMEs more climate-friendly. Many small and medium businesses face challenges in raising capital to run and expand their businesses. So their challenge becomes steeper when it comes to raising funds to invest in cleaner technologies, energy efficiency upgrades and sustainable business practices. But now, fintech is working on developing innovative solutions for MSMEs to make the transition to greener processes. Register for the ET MSME Day 2024 here.

Brazil's top court decided on Thursday to close an investigation into Alphabet's Google and Telegram for allegedly coordinating their opposition to a bill aimed at cracking down on fake news. The bill, which is still pending, would require that internet companies' search engines and social messaging services find and report illegal material, and would charge hefty fines for failures to do so.

Vande Bharat train is in the news again, but this time for the wrong reasons. According to reports, a couple traveling on the Vande Bharat train found a cockroach in their meal on June 18. The nephew of the couple, who were traveling from Bhopal to Agra, shared pictures of the dal in which the bug was found on social media. Following this, the Indian Railways Catering and Tourism Corporation (IRCTC) took action and imposed a fine on the service provider. The issue was raised by a user named Vidit Varshney on social media. He complained about the poor quality of food served to his uncle and aunt on the train. «On 18-06-24, my Uncle and Aunt were traveling from Bhopal to Agra in Vande Bharat. They got 'COCKROACH' in their food from IRCTC. Please take strict action against the vendor and make sure this does not happen again,» Varshney posted.

New York's governor has signed a bill that would allow parents to block their children from getting social media posts suggested by a platform’s algorithm, a move to limit feeds critics argue are addictive

France captain Kylian Mbappe should be available for their second European Championship group game against the Netherlands after breaking his nose in their opening 1-0 win over Austria, manager Didier Deschamps said on Thursday. The striker was injured in a collision with Austria's Kevin Danso, and the 25-year-old forward took to social media to ask for help in finding a protective mask so he could face the Dutch in Group D on Friday. «Everything is going in the right direction after this major shock he had, with the consequences, of course,» Deschamps told reporters.

Delhi Court on Thursday granted bail to Delhi chief minister Arvind Kejriwal in connection with the Delhi Excise policy case. Kejriwal was arrested by the Enforcement Directorate (ED) in March this year under relevant provisions of the Prevention of Money Laundering Act (PMLA) for his alleged role in the Delhi excise policy case. The federal agency had last month filed a chargesheet against Kejriwal accusing him of being the «kingpin» in the case. The ED has also chargesheeted the AAP as a co-accused in the case. Vacation Judge Niyay Bindu passed the order today after hearing contentions of ED and Kejriwal over two days. After the pronouncement of the order this evening, the ED requested whether the signing of the bail bond could be deferred by 48 hours so that the order may be challenged before the appellate court. However, the judge turned down ED's request. The bail bond is to be produced before the duty judge tomorrow, the court added. The agency has alleged that Kejriwal demanded ₹100 crore in kickbacks to benefit certain liquor wholesalers in the excise policy. It further alleged that the AAP utilised the bribes in the 2022 Goa assembly elections.

The World Health Organization and drugmaker Eli Lilly and Co. are warning patients to be wary of fake versions of weight-loss and diabetes medicines

European Union envoys have reached agreement on a “powerful and substantial” new series of sanctions that are part of its ongoing response to Russia’s invasion of Ukraine

Visuals from the scene shared on social media showed students allegedly being dragged and shoved into buses by the police for detention. Police denied they manhandled anyone.

OpenAI in May, revealed on Wednesday via social media that he has established Safe Superintelligence Inc. alongside co-founders Daniel Gross and Daniel Levy.