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Google and Apple urged to ditch TikTok amid data security concerns

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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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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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