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Twitter bans all political advertising, chief executive says

Twitter bans all political advertising, chief executive says

Technology
Twitter says it is banning all political advertising around the world because of an evolving risk from highly targeted ads, misleading information and "deep fakes".The policy comes in on 22 November, so will affect the UK general election and next year's US election. Donald Trump's campaign team has attacked the decision as "very dumb" and "yet another attempt to silence conservatives".In a series of tweets, Twitter boss Jack Dorsey explained the decision, saying "political message reach should be earned, not bought". We’ve made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons…🧵— jack 🌍🌏🌎 (@jack) October 30, 2019 "A political message earns reach
RBI bans NBFCs from charging loan foreclosure penalties

RBI bans NBFCs from charging loan foreclosure penalties

Finance
The Reserve Bank on Friday barred non-banking finance companies from charging pre-payment penalties or foreclosure charges from individual borrowers. "NBFCs shall not charge foreclosure charges/pre- payment penalties on any floating rate term loans sanctioned for purposes other than business to individual borrowers, with or without co-obligants," the central bank said in a notification, without specifying from when the new ruels will be effective. The central bank said the relevant rules governing the same have been updated to reflect the change. Foreclosure charges are part of the fee income for any lender and adds to its bottomline. These direction covers both deposit-taking and non- deposit-taking NBFCs which are considered systemically important ones. It can be noted that in May 2014, ...
Facebook bans UK far right groups and leaders

Facebook bans UK far right groups and leaders

Technology
Facebook has imposed a ban on a dozen far-right individuals and organisations that it says "spread hate".The ban includes the British National Party and Nick Griffin, the English Defence League and the National Front. The list also includes Britain First, which was already banned, but this latest action will prohibit support for it on any of the US firm's services.It said it had taken the action because those involved had proclaimed a "violent or hateful mission"."Individuals and organisations who spread hate, or attack or call for the exclusion of others on the basis of who they are, have no place on Facebook," the social network added in a statement. The ban includes:...