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Ireland's data regulator ends court proceedings against X
Economic Times
·
11m ago
Medial
Ireland's Data Protection Commission has dropped court proceedings against a social media platform, X, after the company agreed to limit its use of personal data collected from European Union users for AI training purposes on a permanent basis. The regulator had sought to restrict X from processing user data for the development of its AI systems, but with this agreement, the proceedings have been suspended. The commission will seek an opinion from the European Data Protection Board to establish regulations for the processing of personal data in AI training.
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Top EU privacy regulator opens probe into Google's AI compliance
Economic Times
·
10m ago
Medial
The lead EU privacy regulator, Ireland's Data Protection Commission (DPC), has launched an inquiry into Google's protection of EU user data in relation to its Pathways Language Model 2 (PaLM 2) AI model. This inquiry is part of the DPC's larger efforts, alongside other EU/EEA regulators, to regulate the processing of personal data in the development of AI systems. Recently, another social media platform, X, agreed to halt training its AI systems with personal data from EU users following legal action by the Irish regulator.
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Australian court upholds order for Musk's X to pay $418,000 fine over anti-child abuse probe
Economic Times
·
10m ago
Medial
- Australian court upholds order for Elon Musk's X to pay a fine of A$610,500 for failure to cooperate with a regulator's request - X challenged the fine but the Federal Court of Australia ruled it was obligated to respond to a notice from the eSafety Commissioner - X argued it was not bound to respond because it was folded into a new Musk-controlled corporate entity - Accepting X Corp's argument could have set a concerning precedent for foreign companies avoiding regulatory obligations in Australia - eSafety has begun civil proceedings against X due to noncompliance - This is not the first conflict between Musk and the Australian internet safety regulator. Earlier this year, eSafety ordered X to remove posts, prompting a court battle.
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Irish watchdog threatens Elon Musk's X over adult content controls - The Economic Times
Economic Times
·
12d ago
Medial
Ireland's media watchdog has warned Elon Musk's social network, X (formerly Twitter), to implement measures restricting children's access to adult content by Friday or face penalties. Acting on behalf of the EU, the regulator emphasizes compliance with an Online Safety Code that mandates age assurance for platforms allowing pornography. X has yet to meet the stipulated requirements and risks significant financial fines if non-compliance continues. The watchdog is also reviewing other platforms for compliance.
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EU regulator bans Meta's use of personal data for behavioural advertising
Economic Times
·
1y ago
Medial
The European Data Protection Board has issued a binding decision banning Meta, the parent company of Facebook and Instagram, from using personal data for targeted advertisements. The ban covers the entire European Economic Area and is in response to a request from Norway's data regulator. The decision requires Ireland's data regulator, which oversees Meta's operations in Europe, to take final measures within two weeks, with the ban taking effect a week later. This could have financial implications for Meta, as European users account for a significant portion of its advertising revenue.
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OYO vs Jaipur Resort: Hospitality Giant Gets Breather as HC Flags Gaps in Samskara’s Case
OutlookIndia
·
3m ago
Medial
The Rajasthan High Court issued a notice to Madan Singh Jain, Director of Samskara Resort, for misleading claims against OYO concerning a GST liability of Rs 2.66 crore. The court criticized the resort for failing to provide essential documentation, possibly trying to divert attention from its own tax issues. OYO was granted protection from coercive actions and initiated defamation proceedings against Jain. The court also noted the GST department sought data from the resort, not OYO.
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SC reserves verdict on plea against NCLAT order stopping insolvency proceedings against Byju's
Economic Times
·
10m ago
Medial
The Supreme Court reserved its verdict on a US firm's plea against the National Company Law Appellate Tribunal (NCLAT) order that halted insolvency proceedings against Byju's. The court asked the insolvency resolution professional to maintain status quo until the judgment is delivered. The NCLAT had earlier set aside the insolvency proceedings against Byju's and approved its dues settlement with the BCCI. The Supreme Court questioned the NCLAT's decision and hinted at sending the dispute for fresh adjudication. The court stayed the NCLAT verdict and issued notices to Byju's and others.
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Dubai Court Orders To Attach Honasa’s Assets
Inc42
·
10m ago
Medial
- The Dubai Court of Merits denied RSM General Trading's request to cancel the trading license of Honasa's subsidiary. - Honasa plans to appeal the Dubai court's decision and is also considering contempt proceedings against RSM General Trading in the Delhi High Court. - The Delhi High Court previously instructed RSM General Trading to withdraw its enforcement proceedings in Dubai against Honasa. - RSM General Trading's grievance was rejected by the Dubai court, along with the demand to cancel Honasa's subsidiary's trading license. - Honasa is taking legal action against RSM General Trading in both Dubai and the Delhi High Court.
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Supreme Court revives insolvency proceedings against Byju's
VCCircle
·
11m ago
Medial
India's Supreme Court has revived insolvency proceedings against education startup Byju's, in a victory for its lenders. The court put a previous order on hold after U.S.-based Glas Trust, representing some lenders of a Byju's group company, filed an appeal challenging the decision to scrap the insolvency proceedings.
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Elon Musk's X launches court fight with Australian watchdog
Economic Times
·
1y ago
Medial
Elon Musk's social media platform, X, is being taken to court by Australia's online safety watchdog over its failure to address the issue of combating child sexual abuse content. The eSafety commissioner had fined X for not responding to inquiries about its measures against the content, which the company failed to pay. X has now lodged proceedings seeking a judicial review of the eSafety commissioner's decisions. The company has drawn criticism for a decrease in proactive detection of child sexual exploitation since Musk's takeover. This is not the first time X or Musk have faced scrutiny from the Australian watchdog.
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SC agrees to list plea related to insolvency proceedings against Byju's
Economic Times
·
11m ago
Medial
The Supreme Court has agreed to an early hearing of the appeal from US-based creditor Glas Trust Company LLC against the NCLAT's judgment. The NCLAT had stayed insolvency proceedings against BYJU's and approved its settlement of Rs 158.9 crore with the BCCI. Senior advocates urged the court to hear the case as soon as possible. The Supreme Court had previously refused to pass an interim order to halt the insolvency proceedings and listed the plea for a final hearing on August 27.
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