K-ID

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Kidentify Pte. Ltd.

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Australia is mandating internet companies to develop an enforceable code within six months to prevent children from accessing pornography and other inappropriate content online. The eSafety Commissioner has issued a deadline of Oct. 3 for members of the online industry to outline measures to safeguard minors from high-impact material, including themes of suicide and eating disorders. The code will establish standards for platforms like app stores, pornography and dating websites, search engines, social media, chat services, and multi-player gaming platforms to ensure content suitability for users.

marketscreener.com

news - Jun 25, 2024 - 15:02

k-ID Closes $45M Series A Funding

k-ID, a Singapore-based provider of a global compliance engine for online safety and privacy management in the gaming industry, has raised $45M in Series A funding. The round, which brought the total amount to $51M, saw participation from Andreessen Horowitz (a16z), Lightspeed Venture Partners, Konvoy, TIRTA, Okta, and Z Venture Capital from the Japanese tech leader LY Corporation. The company intends to use the funds to expand operations and its business reach.

finsmes.com

k-ID, a startup headquartered in Singapore and Seattle, raised a $45 million Series A funding round to help game developers comply with age-related regulations. The company aims to address international regulations on age-appropriate online experiences and features, with a focus on transparency and data protection.

geekwire.com

New York state lawmakers passed legislation to safeguard youths on social media by restricting addictive algorithmic content to users under 18 without parental consent. The bills, sponsored by Governor Kathy Hochul, aim to address the youth mental health crisis and create a safer digital environment. Social media companies like Meta Platforms could face revenue impacts. The legislation includes the SAFE (Stop Addictive Feeds Exploitation) for Kids Act and the New York Child Data Protection Act, which address addictive feeds and personal data collection, respectively. The bills are expected to be signed into law by Governor Hochul. Mississippi is also facing a lawsuit by NetChoice over a new law requiring age verification for digital services.

inc.com

Artificial Intelligence (AI) is increasingly used to amplify global election disinformation, with deepfakes, bots, and targeted disinformation campaigns posing significant threats to electoral integrity.

meer.com

    Description

    Kidentify Pte. Ltd. operates a suite of products and services, including www.k-id.com, the Global Compliance Database, Global Compliance Engine, the k-ID Family Portal, and the k-ID Developer Portal. The company specializes in age verification, identity verification, and parental control solutions for the video game industry, ensuring compliance with regulations such as COPPA a...Show More