Twitter Gains Compliance With Indian IT Rules: Reuters

  • Twitter Inc TWTR appointed a resident grievance officer, days after designating a chief compliance officer for its India unit to comply with the country’s latest IT rules, Reuters reports.
  • Vinay Prakash was named the new grievance officer.
  • The social media company lost its intermediary immunity due to non-compliance.
  • Price action: TWTR shares traded lower by 0.14% at $68.87 in the premarket session on the last check Monday.
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