Social media companies might get a breather as the government considers giving platforms more time to remove unlawful content. Swiggy is planning to roll out a digital wallet and payments service.
Govt may allow internet companies more time to remove unlawful content
The ministry of electronics and information technology (MeitY) is considering giving more time to the internet and social media companies to restrict access to unlawful content on their platforms, The Economic Times reported.
The government is in talks to increase the time window given to social media companies to spike objectionable content to 36 hours.
The Information Technology Intermediaries Guidelines (Amendment) Rules released in December had said companies would be given 24 hours to remove unlawful content on their platforms.
Apart from ascertaining the time-window to disable access to objectionable content, the government is also looking to define what constitutes unlawful content, the report said.
Swiggy to launch digital wallet
Food delivery platform Swiggy, operated by the Bengaluru-based Bundl Technologies, is planning to roll out a digital wallet and payments service on the unified payments interface (UPI) platform, Entrackr reported.
Swiggy may launch the service in the next three-four months, the report said.
An in-house payments service is being planned due to the scaling of business and high repeat usage, the report added.
Swiggy, in partnership with ICICI Bank, already has a payment address in place on the UPI platform. However, payments to that address can only be made internally to Swiggy's delivery partners, associates and vendors.