Tech
Concerns raised over TikTok algorithm licensing deal
US lawmaker raises concerns over TikTok algorithm licensing deal amid national security scrutiny
US lawmaker raises concerns over TikTok algorithm licensing deal amid national security scrutiny
– Representative John Moolenaar warns of national security risks with TikTok’s algorithm licensing deal.
– Moolenaar seeks details on the agreement while emphasising concerns over Chinese influence and ownership limitations.
He explained the risks associated with China maintaining influence over the algorithm, stating, “anytime you have (China) with leverage over the algorithm, I think that’s a problem.”
President Donald Trump previously signed an executive order asserting that the sale of TikTok’s U.S. operations meets national security requirements, allowing 120 days for the transaction’s completion. Moolenaar noted that technology experts question whether the algorithm can be effectively reprogrammed.
Detailed Concerns
The executive order also stated that the U.S. company’s security partners would retrain and monitor the algorithm, placing it under the control of the new joint venture.
Under the agreement, ByteDance would appoint one board member out of seven in the new entity, while Americans would occupy the remaining six seats.
The arrangement mandates that ByteDance maintain less than a 20% ownership stake in TikTok U.S. to comply with a 2024 law threatening to shut down the app by January 2025 if the Chinese parent company does not divest its U.S. assets.
Holders of key positions worry about potential national security risks linked to algorithm control.
Tech
Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.
Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.
Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.
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Tech
Nvidia posts record revenue as AI fears shake investors
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.
Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.
Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.
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Tech
Meta launches lawsuits over alleged scam advertising operations
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.
Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.
While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.
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