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Monday Jan 30, 2023

Social Media Fine | Government implemented new rules! Social media users should pay attention, otherwise they will have to pay 50 lakh fine


file photo

file photo

Delhi: Social Media is used by 70% people in the world, many of them become Social Media Influencer or many people claim themselves as independent journalists and make many followers on social media platforms. Yes, if you use social media then be careful and should know about the new social media rules of the Central Government. Otherwise, you can be fined Rs 50 lakh. Let us tell you that in the last few years, the number of social media stars and reporters has increased in the form of independent media.

Rs 50 lakh fine will be imposed

These social media stars keep a good number of followers on Instagram, Facebook, Twitter and Youtube and with the help of these followers, they work to promote paid content, which the government is trying to curb. Has brought new rules. New rules have been implemented for social media influence by the Central Consumer Affairs Department. The department says that social media influencers are posting paid content on social media, which is a violation of rules. A fine of Rs 50 lakh will be imposed on social media influencers who do so.

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Initially a fine of Rs 10 lakh

Initially, a fine of Rs 10 lakh will be imposed for misleading or wrongly promoting paid content on social media. Whereas, if the rules are violated again, up to Rs 50 lakh will be charged. However, social media influencers do not give any information beforehand in their videos that this video is paid content, so that users are told at the end of the video that this is paid content. . In whose matter the central government has made some strict rules.



Facebook Fine | UK fined Facebook €390 million, know what is the whole matter

Meta and Facebook

Meta and Facebook

Delhi : The Irish Data Protection Commission has ordered Facebook’s parent company Meta to pay two fines totaling €390 million (over Rs 4,35,43,00,000). Facebook’s parent Meta has been fined hundreds of millions by Irish regulators. The Irish privacy regulator concluded that the company’s advertising and data handling practices were in breach of EU-wide privacy law. The Irish Data Protection Commission said that Meta should be ordered to pay two fines. fined €210 million for breaches of the EU’s General Data Protection Regulation (GDPR), and ordered Instagram to pay a €180 million fine linked to GDPR breaches.

Profits fell almost 50 percent

The fine comes at a time when Meta’s profit forecast for 2023 has fallen by almost 50 per cent, according to the data. The company’s much-hyped Metaverse push is struggling and performance numbers indicate both users and advertisers are moving away from the platform, perhaps with the exception of Instagram Reels and messaging platform WhatsApp, and Meta which changed its name from Facebook in 2021, rebranding Since then, its share price has seen a drop of about 60 percent.

Changed the terms of service for both Facebook and Instagram

Most importantly, maybe Meta will have to change their apps over the next three months to ensure that they don’t take advantage of personal data for advertising. This could be a major blow for the company in terms of how its advertising model works. Meta previously relied on user consent to process this information for the purposes of behavioral advertising, but changed the terms of service for both Facebook and Instagram on processing.

 

NCLAT Directs Google | NCLAT directs Google to deposit 10% of Rs 1,337.76 crore fine


NCLAT directs Google to deposit 10% of Rs 1,337.76 crore fine

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76 crore fine imposed on it by the Competition Commission of India (CCI). A two-judge NCLAT bench refused to immediately stay the implementation of the penalty imposed by the CCI and said it would pass an order only after hearing the other parties.

The appellate tribunal issued notice to the CCI and directed it to list the matter for February 13 for hearing on the interim stay. The NCLAT direction came on Google’s plea challenging the CCI order on abusing its dominant position in multiple markets in the Android mobile device ecosystem and said the order was injurious to Indian consumers. There is a setback and this will make such equipment more expensive in the country.

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The CCI had imposed a fine of Rs 1,337.76 crore on Google on October 20 last year in this case. Further, the CCI had directed the Internet major to cease and desist from unfair trade practices. Google had appealed to the NCLAT against the CCI order regarding unfair trade practice in the matter of Android mobile device ecosystem and sought an interim stay on the penalty. (agency)



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