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Google and Apple urged to ditch TikTok amid data security concerns

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2 years ago

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Google and Apple are being urged to take down TikTok as concerns continue to grow around data being sent to China

A U.S. Federal Communications Commission member, Brendan Carr, says that TikTok poses an unacceptable national security risk due to data harvesting and Beijing’s apparent unchecked access to sensitive information.

The request will unlikely be accepted, as the Federal Communications Commissioner is not responsible for regulating app stores.

It comes as a Buzzfeed report found that employees of TikTok’s parent company, Bytedance, had been accessing U.S. users’ private information.

Carr says he will give Apple and Google until the 8th of July to respond to his request and to explain why they won’t remove the app from their app stores.

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Why the meme-stock frenzy is unlikely to repeat

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5 days ago

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May 14, 2024

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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5 days ago

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May 14, 2024

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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6 days ago

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May 13, 2024

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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