In a move to sidestep potential penalties, TikTok has promptly submitted a risk assessment report concerning its latest application, TikTok Lite, to the European Commission. This action follows concerns expressed by the EU executive regarding the app’s reward system and its potential to engender addiction among minors. ByteDance, the parent company of TikTok, responded swiftly to the EU’s 24-hour ultimatum, ensuring compliance with regulatory standards. A spokesperson for TikTok confirmed the submission of the report, indicating the company’s commitment to addressing the EU’s apprehensions.
🔴
Trending
- Day of the Tesla robot cab is coming up soon. This is what you can expect.
- A picture shows that semiconductor stocks don’t look very strong as the S&P 500 hits a new high.
- When it comes to chips, Broadcom’s stock is the only one that is getting close to a new high.
- What Trump’s taxes will do to poor and middle-class Americans
- When Amazon Prime Big Deal Days come back, here’s why more people than ever are shopping on the site:
- Yet another call for Nvidia’s price to go up? Don’t forget about this.
- With only one month to go, Kamala Harris is feeling good about the jobs report and inflation rates.
- The S&P 500 has too many tech stocks. This different ETF keeps beating it.