Twitter loses status of intermediary platform in India
Social media platform Twitter has lost its status of intermediary platform in India over non-compliance to the new intermediary guidelines.
Social media platform Twitter has lost its status of intermediary platform in India over non-compliance to the new intermediary guidelines.
As a result of the development, the company has lost its legal shield in the country from prosecution over posts.
See Zee Business Live TV Streaming Below:
"Twitter has lost its status as intermediary platform in India as it has not complied with new guidelines," an official source said.
Further, in a series of Tweets, Union Electronics and IT Minister Ravi Shankar Prasad said that there are numerous queries arising as to whether Twitter is entitled to safe harbour provision.
"However, the simple fact of the matter is that Twitter has failed to comply with the Intermediary Guidelines that came into effect from the 26th of May," he added.
On Tuesday, the micro-blogging platform said that it has appointed an interim Chief Compliance Officer, the details of which would be soon shared with the IT Ministry directly.
On the row over an alleged fake video in Uttar Pradesh, the minister said: "What happened in UP was illustrative of Twitter's arbitrariness in fighting fake news."
He was of the view that while Twitter has been over enthusiastic about its fact checking mechanism, it's failure to act in multiple cases like UP is perplexing and indicates its inconsistency in fighting misinformation.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
02:05 PM IST