Tag: tiktok china

TikTok ‘Stress Test’ Shows App Doesn’t Comply With New EU Rules
19Jul By adminNo Comments
Technology

TikTok ‘Stress Test’ Shows App Doesn’t Comply With New EU Rules

[ad_1] TikTok isn't yet fully compliant with upcoming European Union rules governing content, according to the results of a test conducted by the bloc's governing body.European Union Internal Market Commissioner Thierry Breton and his team carried out the so-called “stress test” at TikTok's Dublin offices on Monday, according to a statement from the official, who determined that more work is needed to be fully ready for EU Digital Services Act's compliance deadline on Aug. 25. “Recent events have shown the impact and effects that TikTok has in people's lives and democracies,” Breton said. TikTok counts more than a quarter of Europe's population as users, Breton said, and most of them are teenagers. “If its systems fail, the magnitude of the consequences can be dramatic.” The popular mus...
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Congress eyes new rules for tech: What’s under consideration
8May By adminNo Comments
Technology

Congress eyes new rules for tech: What’s under consideration

[ad_1] Should TikTok be banned? Should younger children be prevented from engaging with social media? Can the government make sure private information is secure? What about brand new artificial intelligence interfaces? Or should users be regulating themselves, leaving the government out of it?Tech regulation has been gathering momentum on Capitol Hill amid concerns about China's ownership of TikTok and as parents are growing increasingly worried about the effects of social media on a post-pandemic mental health crisis. Noting that many young people are struggling, President Joe Biden said in his February State of the Union speech that “it's time” to pass bipartisan legislation to impose stricter limits on the collection of personal data and ban targeted advertising to children. “We must...
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TikTok Could Get a Lifeline From Big Tech as a US Ban Looms
20Apr By adminNo Comments
Technology

TikTok Could Get a Lifeline From Big Tech as a US Ban Looms

[ad_1] US tech companies are pushing to narrow the scope of legislation that could ban TikTok in the US, creating new obstacles as the Biden administration seeks to confront China's influence.The Information Technology Industry Council, which represents companies including International Business Machines Corp., Microsoft Corp. and Apple Inc., is among groups lobbying to narrow the legislation, according to people familiar with those conversations who asked not to be named discussing the politically sensitive issue. Companies that make both hardware and software are worried they could become ensnared by a Senate bill that's been gaining momentum and is aimed at TikTok, the Chinese-owned video app, the people said. The fierceness of the opposition may close down an opportunity for the Bid...
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Snap Can’t Count on a TikTok Ban to Help It Recover
23Mar By adminNo Comments
Technology

Snap Can’t Count on a TikTok Ban to Help It Recover

[ad_1] Snap Inc. shares need more than the talked up possibility of a TikTok ban to recover from a near 70% slump in the past year.TikTok Chief Executive Officer Shou Chew testifies before Congress this week, seeking to head off a US prohibition of the Chinese-owned platform that would provide a timely boost for the Snapchat owner. TikTok CEO Will Tell Congress China Has No Sway Over US AppWhile a ban would present the opportunity to grab advertising share, larger social-media peers may be better placed to take advantage in a slowing market where competition for ad dollars is fiercer than ever. And in any case, such an outcome looks a long shot: Eric McNew, portfolio manager at Summit Global Investments, puts the chances of a ban at only 10-15%. “Snap operates in such a saturated marke...
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China appeals for fair treatment after latest TikTok bans
18Mar By adminNo Comments
Technology

China appeals for fair treatment after latest TikTok bans

[ad_1] China appealed Friday to other governments to treat its companies fairly after Britain and New Zealand joined the United States in restricting use of TikTok due to fears the Chinese-owned short video service might be a security risk.Governments are worried TikTok's owner, ByteDance, might give browsing history or other data about users to China's government or promote propaganda and disinformation. “We call on the countries concerned to recognize the objective facts, effectively respect the market economy” and provide “a non-discriminatory environment" for all companies, said foreign ministry spokesperson Wang Wenbin. TikTok is one focus of conflicts between China and other governments over technology and security that are disrupting processor chip, smartphone and other industri...
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TikTok Considers Splitting From ByteDance If Deal With US Fails
16Mar By adminNo Comments
Technology

TikTok Considers Splitting From ByteDance If Deal With US Fails

[ad_1] TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.A divestiture, which could result in a sale or initial public offering, is considered a last resort, to be pursued only if the company's existing proposal with national security officials doesn't get approved, according to people familiar with the matter, who asked not to be identified discussing non-public information. Even then, the Chinese government would have to agree to such a transaction, the people said. TikTok's US business could be valued at $40 billion to $50 billion based on social media multiples and other factors, according to Bloomberg Intelligence analysts Mandeep Singh and Damian Reimertz. TikTok ...
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EU institutions ban TikTok on work devices
24Feb By adminNo Comments
Technology

EU institutions ban TikTok on work devices

[ad_1] The main EU governing institutions on Thursday banned their staff from installing TikTok on devices used for work amid concerns over data protection, in a move that provoked an angry response from the company. TikTok, whose parent company ByteDance is Chinese, has faced increasing Western scrutiny in recent months over fears about how much access Beijing has to user data. The ban affects staff at the European Commission and European Council, which represents member states, but the European Parliament has not yet taken a similar decision. The new rules mean staff cannot use the video-sharing app on work devices and personal devices, such as phones, that have official EU email and communication apps installed. The Commission said its emplo...
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EU tells TikTok to respect data laws as CEO visits
11Jan By adminNo Comments
Technology

EU tells TikTok to respect data laws as CEO visits

[ad_1] The European Union warned Chinese-owned online giant TikTok on Tuesday to respect EU law and ensure the safety of European users' data. The European Union warned Chinese-owned online giant TikTok on Tuesday to respect EU law and ensure the safety of European users' data, as the video-sharing app's CEO met top officials in Brussels.TikTok, whose parent company ByteDance is Chinese, has come under fierce Western scrutiny in recent months amid concerns over how much access Beijing has to user data. TiKTok chief executive Shou Zi Chew held talks for the first time with EU vice-presidents Margrethe Vestager and Vera Jourova, the bloc's home affairs commissioner Ylva Johansson and justice commissioner Didier Reynders. "I count on TikTok to fully execute its commitments to go the extr...
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