Nobel Laureate Michael Kremer Appointed World Bank Chief Economist

Meta acknowledges CSAM reporting failures, faces loss of safe harbour immunity

The Indian government has urged Meta to take greater accountability for content circulating on its platforms. Meta has acknowledged shortcomings in handling child sexual abuse material (CSAM) and is now required to promptly report such content to relevant authorities. The National Commission for Protection of Child Rights (NCPCR) emphasized that safe harbour immunity granted to intermediaries is conditional, not an automatic right. Failure to comply with mandated content-moderation obligations puts Meta at risk of losing this legal protection.

Spider-Man: Brand New Day overtakes Star Wars as top North American box office hit

Spider-Man: Brand New Day has claimed the title of the highest-grossing film in North American box office history. The Marvel and Sony production surpassed the long-standing domestic record previously held by Star Wars: The Force Awakens. The film has collected approximately USD 936.773 million in North America alone. On a global scale, its earnings have reached around USD 2.45 billion. Marvel Studios and Sony are reportedly planning further releases within the franchise following this milestone.

EPFO raises wage ceiling to Rs 25k, coverage up by Rs 1 crore

Noel Tata to seek compliance with RBI order while keeping Tata Sons unlisted

Noel Tata is expected to advocate at an upcoming Tata Sons board meeting for the company to remain privately held. The move comes in response to a Reserve Bank of India directive that has raised questions about the conglomerate's listing status. Tata Sons is classified as an upper-layer non-banking financial company, which under RBI rules could require it to list on stock exchanges. The board is expected to explore ways to comply with the regulatory requirement without pursuing a public listing. This approach reflects the group's preference for retaining its private ownership structure.