April 21, 2023
Investors Overlook India’s Social-Media Controls-For Now
India probably surpassed China as the world’s most populous nation this month, so far as one can count developing megastates of 1.4 billion. It marked the occasion with mixed reviews from the global corporate elite.
The Asia Internet Coalition, which unites a dozen luminaries including
Meta Platforms
(ticker: FB), Twitter, and
Amazon.com
(AMZN), blasted new social-media controls from Prime Minister Narendra Modi’s government. The rules, which took effect April 6, jeopardize “people’s fundamental right to access information,” the group said.