FB, Google working on complying with social media rules as deadline looms
With just
hours to go before the new IT rules for social
media companies take effect, large digital platforms Facebook and Google on Tuesday asserted
they are working towards meeting the compliance requirements.
The new
rules, announced on February 25, require large social media platforms like
Twitter, Facebook, Instagram and WhatsApp
to follow additional due diligence, including the appointment of a chief
compliance officer, nodal contact person and resident grievance officer.
'Significant
social media intermediaries' -- defined as those with over 50 lakh registered
users -- were given three months to comply with the additional requirements.
Non-compliance
with rules would result in these social media companies losing their
intermediary status that provides them exemptions and specified immunity from
liabilities for any third-party information and data hosted by them. In other
words, they could be liable for action. Read
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