NAIROBI (Reuters) - A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over its alleged role in promoting content that led to ethnic violence in neighbouring Ethiopia, a plaintiff in the case said.  The landmark case, which stems from alleged hate speech on the platform during the 2020-2022 civil war in...

MUMBAI (Reuters) - IndusInd Bank ignored established Indian derivative accounting practices for years as it chased profit growth, resulting in a $175 million balance-sheet hole and the biggest crisis for the lender in its three-decade history, multiple sources said. Still, the 2.35% shortfall in the net worth of India's fifth-biggest private sector lender may not have come to light last...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

* Kenyan court allows lawsuit against Meta for Ethiopia violence posts * Plaintiffs demand restitution fund and algorithm changes from Meta * Meta faces multiple lawsuits in Kenya over content moderation issues NAIROBI, April 4 (Reuters) - A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over its alleged role in...