Meta's Zuck Apologises, PB Fintech Roars In Q1 & More
India, Aug. 6 -- Meta In Choppy Waters
After being pulled up by the Centre over content moderation lapses, including the recent removal of PM Narendra Modi's Facebook video, Meta CEO Mark Zuckerberg issued a public apology.
The Regulatory Pressure: Zuckerberg is said to have apologised for issues related to child abuse content, deepfakes and operational errors on platform operations, particularly the temporary takedown of PM Modi's video. This came after officials warned a visiting Meta team that its safe harbour protections in India would be reconsidered. Any such move could potentially expose Meta to direct legal liability for all user-generated content on its platforms.
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