Your Tech Story

Suhani Jain

I am a student pursuing my bachelor's in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank "paper has more patience than person

EU Investigating Facebook and Instagram Over Their Handling of Disinformation Ahead of the Election

EU Investigating Disinformation on Facebook and Instagram Ahead of Election

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Facebook and Instagram owned by Meta Platforms are being investigated by the European Commission for possible violations of EU online content regulations. EU IT regulators have responded to concerns over misleading advertising and misinformation ahead of the elections to the European Parliament.

Worries Regarding Deceitful Activities

EU Investigating Facebook and Instagram Over Their Handling of Disinformation Ahead of the Election

Image Source: communicationstoday.co.in

Growing worries regarding the dissemination of false information from both internal and external sources are reflected in the actions taken by EU authorities. The EU is concentrating on combating dishonest activities within its borders, especially by political parties and organisations looking to influence voters with misleading material, as Russia, China, and Iran have been identified as possible suppliers of misinformation.

Authority for Regulation: Digital Services Act

The Digital Services Act (DSA), which mandates that large digital companies take more aggressive action against unlawful and damaging information on their networks, provides the basis for the probe. There are severe penalties for breaking DSA commitments; these fines can reach 6% of a company’s yearly global revenue.

Doubts Regarding Meta's Moderation

Margrethe Vestager, the EU’s digital leader, voiced concerns over Meta’s moderation methods, pointing to a lack of transparency and inadequate action in relation to misleading marketing and content moderation processes. In order to evaluate Meta’s compliance with the DSA, the Commission has started procedures. The investigation will concentrate on matters like coordinated inauthentic behaviour and misinformation operations.

Meta's Reaction

With more than 250 million monthly active users throughout the EU, Meta justified its risk mitigation strategy by emphasising the protocols it has put in place for locating and resolving threats on its platforms. The business said that it would be happy to work with the European Commission and share more information about the steps it is taking to reduce risk.

Particular Issues the Commission Has Raised

Ahead of the elections to the European Parliament, the Commission brought up a number of specific concerns, chief among them being the absence of a reliable third-party platform for real-time civic discourse and election monitoring. Furthermore, criticism has been levelled at Meta for its choice to phase down CrowdTangle, its misinformation-tracking tool, without a viable successor.

Next Actions

Five working days have been granted to Meta to notify the EU of the corrective measures implemented in response to the Commission’s concerns. The investigation’s conclusion will have a big impact on Meta’s business operations in the EU and potentially influence future laws that fight false advertising and internet misinformation.

In summary, The EU’s investigation into Meta over claims of misleading advertising and misinformation highlights the need for strong regulatory frameworks to protect the integrity of online material. In order to stop the spread of false information and preserve democratic values in the digital era, regulatory oversight is crucial given the growing influence that digital platforms have on public opinion.

 
EU Targets Apple iPad in Latest Digital Dominance Crackdown

EU Targets Apple iPad in Latest Digital Dominance Crackdown

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The European Union’s aggressive attempts to stop any anti-competitive activities among computer companies have resulted in the latest setback for Apple Inc.’s iPad. With the EU enforcing strict new laws as part of its Digital Markets Act (DMA), Apple has six months to make sure its tablet ecosystem conforms with a number of preventive measures.

iPad Adds to the Hit List for DMA

EU Targets Apple iPad in Latest Digital Dominance Crackdown

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Although there was previously criticism of Apple’s iOS mobile operating system, App Store, and Safari browser, the addition of the iPad represents a major step up. EU competition commissioner Margrethe Vestager stressed the need for fairness and competition in the digital sphere, noting that iPadOS is an essential platform for many businesses to contact their clientele even though it does not satisfy all requirements.

Apple's Challenges: Getting Used to New Responsibilities

The EU’s judgement is a significant defeat for Apple. The IT giant now has to work hard to modify its operating system in order to meet a lot of new requirements. These include enabling customers to remove preloaded applications—a move meant to promote a more competitive environment—and downloading apps from sources outside of Apple’s ecosystem.

Apple's Reaction: Concentrated on Customers in Europe

Apple responded by restating its dedication to European customers and recognising the difficulties the DMA presents with regard to data security and privacy. The business is committed to providing its goods and services while negotiating the changing regulatory environment, whatever the obstacles.

DMA: Going After Tech Giants

Not just Apple is included in the DMA; six of the most significant IT companies in the world are included as well; these companies are known as digital “gatekeepers.” In addition to Apple, additional regulations and more monitoring are in place for Meta Platforms, Google, Amazon, and ByteDance, the owner of TikTok, in order to stop monopolistic activities.

Principal Elements of the DMA

The DMA forbade designated corporations from exploiting third-party data to compete with merchants, favouring their own services, or combining personal data across platforms as of March 7, when it went into full force. In addition, it requires users to be able to download apps from other platforms in an effort to promote a more consumer-friendly and competitive digital environment.

In conclusion,  As Apple and other tech titans wrestle with the ramifications of the EU’s Digital Markets Act, the landscape of the digital economy is undergoing a major shift. A healthy digital ecosystem in the European Union and elsewhere depends on justice, competition, and innovation, all of which are fostered by regulatory oversight, notwithstanding its difficulties.

Iman Gadzhi: From High School Dropout to Successful Entrepreneur

Iman Gadzhi: From High School Dropout to Successful Entrepreneur

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The story of Iman Ghazi is one of fortitude, tenacity, and entrepreneurial drive. At the age of 17, Iman dropped out of high school and started a career that would eventually make him a trailblazer in the fields of digital marketing and education. We explore Iman’s incredible journey in this article, starting with the modest establishment of his digital marketing firm and ending with the creation of GrowYourAgency.com, the largest agency owner education platform globally.

Beginning: The Origins of IAG Media and Expanding Your Organisation

Iman Gadzhi: From High School Dropout to Successful Entrepreneur

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Iman’s foray into entrepreneurship started when he happened to mix his love of creating content with managing the social media accounts of his neighbourhood football club. This project developed into IAG Media, a specialised digital marketing firm renowned for its very high profitability and potent efficacy. Iman launched GrowYourAgency.com, a website devoted to assisting aspiring and seasoned agency owners in launching and growing their companies, building on the success of IAG Media.

Difficulties and Victories: Making Your Way to Achievement

Iman faced difficulties along the way to success. As a young entrepreneur, he had to navigate the intricacies of the digital world while starting a firm from the bottom up. Iman developed his abilities as an entrepreneur and digital marketer via trial and error, picking up insightful knowledge in the process.

Giving Back: A Dedication to Social Impact and Education

Iman is still dedicated to giving back to the community in spite of his personal achievements. He has funded schools in Nepal through the Pahar Trust, making a major contribution to education. Iman’s charitable endeavours demonstrate his faith in the ability of education to improve communities and change lives.

Learnings: Perspectives from Iman's Experience

Aspiring business owners may learn a lot from Iman’s story. His narrative highlights the value of resiliency, tenacity, and a readiness to accept criticism. Aspiring business owners may overcome challenges and accomplish their objectives by adopting these traits.

Gazing Forward: A Prospective Perspective

Iman’s vision for the future is still very evident as he continues to encourage and inspire businesses all around the world. His dedication is to broadening the scope of GrowYourAgency.com and offering invaluable information and assistance to agency owners throughout the globe. Iman Ghazi is well-positioned to make a significant and long-lasting contribution to the fields of digital marketing and education because of his unshakable dedication and entrepreneurial zeal.

In conclusion, it’s a legacy of impact and innovation Iman Ghazi’s transformation from a high school dropout to a well-known businessman is proof of the strength of tenacity and drive. His narrative encourages and reminds would-be business owners worldwide that everything is achievable with hard work and perseverance. Iman’s innovative legacy and lasting influence will be felt for many generations to come as he continues to pave the way in the fields of digital marketing and education.

 
Rubrik Raises $752 Million in U.S. IPO to Boost Cybersecurity Efforts

Rubrik Raises $752 Million in U.S. IPO to Boost Cybersecurity Efforts

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Leading cybersecurity company Rubrik completed its maiden public offering (IPO), the first in the industry in more than two years, and therefore reached a historic milestone. The sale, which raised $752 million and positioned Rubrik with an initial market valuation of $5.6 billion, exceeded expectations and witnessed strong investor interest.

Demand Exceeds Anticipations

Rubrik Raises $752 Million in U.S. IPO to Boost Cybersecurity Efforts

Image Source: telecom.economictimes.indiatimes.com

In their first public offering, Rubrik set a price per share of $32, above the pre-anticipated range of $28 to $31. Investor trust in Rubrik’s novel approach to data protection and management is emphasised by this high demand.

Obtaining Funds for Development

Rubrik’s IPO produced significant money with the sale of 23.5 million shares, giving the company funds to support its expansion plans. Rubrik’s great financial performance and market prospects are reflected in the success of the IPO.

Getting into the Public Market

Under the ticker code “RBRK,” Rubrik’s shares are scheduled to start trading on the New York Stock Exchange, marking the company’s debut into the public market and its dedication to providing value to shareholders.

Trajectories of Financial Performance and Growth

As of January 31, Rubrik’s yearly recurring income has increased to $784 million, a 47% rise from the prior year. This is an outstanding display of growth. In spite of its $354.2 million net deficit for the fiscal year 2024, Rubrik is well-positioned for long-term success thanks to its expansion plan and expanding clientele.

Headline Status in Data Security

The focus of CEO Bipul Sinha’s vision for Rubrik is data security based on zero trust principles, which sets the firm apart in the competitive field of cybersecurity. Rubrik’s growing customer base of over 6,100 organisations is proof that its creative approach is well-liked by clients.

Leading the Way in Cybersecurity Innovation

An important turning point for the cybersecurity sector was Rubrik’s initial public offering (IPO), which demonstrated the company’s leadership in providing innovative solutions. Having been the first cybersecurity firm to go public since 2021 (ForgeRock), Rubrik establishes a standard for the sector going forward.

Looking Ahead: Sustaining Development and Originality

A number of cybersecurity companies, including Snyk, Claroty, and Cato Networks, are apparently thinking about going public while Rubrik celebrates the success of their IPO. Rubrik’s accomplishment highlights the industry’s potential for expansion and innovation, establishing it as a major participant in the changing cybersecurity scene.

 
Roclub Raises €4M to Advance Teleoperation Solutions in Healthcare

Roclub Raises €4M to Advance Teleoperation Solutions in Healthcare

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Medical advancements have advantages as well as drawbacks, with rising demand placing pressure on healthcare systems throughout the world. In response, Berlin-based Roclub, a trailblazing digital health startup, is transforming patient care via the use of teleoperation technology.

Roclub Gets €4M in Seed Funding, A Significant Development in Healthcare Innovation.

Roclub Raises €4M to Advance Teleoperation Solutions in Healthcare

Image Source: techfundingnews.com

A successful €4 million seed fundraising round headed by well-known American and European investors, including FJ Labs and Speedinvest, was recently disclosed by Roclub. With the help of this cash and earlier investments, RoClub will be able to grow its business and enhance its teleoperation platform.

Roclub: Spearheading the Revolution in Digital Health

Dr. Matthias Issing and André Glardon founded Roclub in 2022, specialising in teleoperation technologies for medical applications. Their technology makes it possible for MRI/CT scanners to be connected remotely, which makes remote scanning, assistance, and instruction easier. Club Rocabulous is dedicated to influencing the course of medical technology and patient care with the help of investors and strategic entrepreneurs.

Using Teleoperation to Address Healthcare Workforce Shortages

The lack of workers in the healthcare industry worldwide may be addressed by teleoperation technology, such as that provided by RoClub. RoClub’s platform makes it possible for medical equipment to be operated and accessed remotely, which improves productivity and guarantees business continuity for healthcare organisations while also expanding access to treatment.

Seizing a Profitable Business Prospect

Estimated at €50 billion, the teleoperation sector is a big opportunity. RoClub’s creative methodology establishes a new benchmark for the effective functioning of medical equipment, meeting the changing requirements of patients and healthcare professionals.

Increasing Patient Care and Educating Healthcare Professionals

The teleoperation platform from RoClub enables medical organisations to manage medical technologies with ease. In the end, it guarantees patients receive the best treatment possible by giving medical personnel flexibility in scheduling and location.

Investor Trust and Co-Founder's Goals

Prominent financiers have shown faith in Roclub’s concept. André Glardon, a co-founder, highlights the company’s dedication to upending MedTech practices and enhancing patient access. RoClub is well-positioned to expand and make an impact in the healthcare sector thanks to the solid backing of investors.

Sustained Innovation for the Betterment of Global Healthcare

RoClub is still committed to transforming medical technology operations around the globe. Their platform has already achieved great progress at university hospitals, mid-size hospitals, and outpatient centres in the DACH area, with an emphasis on MRI/CT scanners. RoClub seeks to bring about significant change in the healthcare industry via persistent innovation and smart alliances.

 
Philippines Orders Google and Apple to Remove Binance App from Stores

Philippines Orders Google and Apple to Remove Binance App from Stores

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Citing worries about investor security and possible economic consequences, the Securities and Exchange Commission (SEC) of the Philippines has ordered Google and Apple to eliminate cryptocurrency exchange Binance from their local app stores. Here’s a closer look at the circumstances:

Taking Action on Regulations

Philippines Orders Google and Apple to Remove Binance App from Stores

Image Source: bitcoinist.com

On April 23, the SEC announced in a news release that it had ordered Google and Apple to take down any apps related to Binance that were accessible to Filipino consumers on the Google Play Store and the Apple App Store. Allegations that Binance violated Philippine securities regulations by acting as an unregistered broker and offering unregistered securities to Filipino investors led to the taking of this action.

SEC Chair Emilio B. Aquino emphasised the need for this action, claiming that investors are at risk and that the local economy may suffer if Binance applications remain available. Aquino underlined how critical it is to stop Binance from engaging in any further unlawful activity inside the nation.

Prior Bans and Advisories

The National Telecommunications Commission (NTC) blocked access to Binance websites in the Philippines on March 25, and this latest action by the SEC comes after that action. Since November 2023, the SEC has issued warnings to the public about the dangers of doing business with Binance because of its licence and regulatory compliance issues.

An SEC representative reaffirmed the alerts on April 8 and said that consumers were given an extension and a three-month window to remove their money from Binance. Following this grace period, the SEC said that they were unable to provide any means of getting money back.

On February 21, the Philippines launched a crackdown on unregistered cryptocurrency trading sites; at first, Binance was untouched by these legal measures.

Issues with Global Regulation and Binance's Reaction

Even if there are regulatory obstacles in the Philippines, Binance has advanced in other regions. Binance, which has previously violated local restrictions and paid a $2 million fine, announced its return to the Indian market on April 18. The same day, Binance also received a cryptocurrency licence in Dubai after co-founder Changpeng Zhao gave up his voting rights in the exchange’s local organisation.

Also Read: How to Save Your TikTok Videos Without Watermark Before the Ban

In summary, the SEC’s decision to ban Binance from the Philippine Google and Apple app stores is a reflection of its continued efforts to uphold securities laws and shield investors from unsanctioned financial activity. This action emphasises the difficulties of negotiating regulatory regimes across numerous jurisdictions and the larger legal landscape that bitcoin exchanges face internationally.