The EU had last month singled out 19 large online platforms, including TikTok, which will be subject to the Digital Services Act, a set of new online content rules from August.
Despite the concerns about its Chinese ownership, TikTok’s ad business is poised to grow 36% to $6.83 billion this year, according to research firm Insider Intelligence.
The popular Chinese-owned app has recently allowed 'toxic, offensive, false and superstitious' content on its platform, the country's ministry representative said in a statement.
The ban underscores growing worries that China could use the Beijing-based company to harvest users' data to advance its political agenda, undermining Western security interests.
CEO Shou Zi Chew's testimony before Congress did little to assuage US worries over TikTok and added fresh momentum to lawmakers' calls to ban the platform nationwide.
In his written testimony, CEO Shou Zi Chew said parent company ByteDance is not an 'agent of China' or any other country nor is it controlled by any govt or state entity.
TikTok has come under increasing scrutiny due to fears that user data from the app owned by Beijing-based company ByteDance could end up in the hands of the Chinese govt.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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