Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

TikTok admits former employees accessed U.S. journalists’ data

Published

on

Tiktok reveals it accessed user data to track down U.S. journalists

The Financial Times has discovered that four employees on the TikTok’s internal audit team—accessed data for a Finanical Times and Buzzfeed journalist, plus a number of other users connected to those journalists.

The Investigation into internal leaks found that the employees were trying to locate the sources of leaks to reporters.

Two of the employees were in the US and two were in China, where TikTok’s parent company, ByteDance is based.

ByteDance says it has fired four employees who accessed the data for accessing the IP addresses and other data linked to the TikTok accounts of a reporter from BuzzFeed News and Cristina Criddle of the Financial Times.

Forbes claims that ByteDance tracked three of its reporters who previously worked for BuzzFeed News.

All three of those publications have published reports on TikTok, including on its alleged ties to the Chinese government. 

“The misconduct of those individuals, who are no longer employed at ByteDance, was an egregious misuse of their authority to obtain access to user data. This misbehavior is unacceptable, and not in line with our efforts across TikTok to earn the trust of our users,”

Bytedance said in a statement to Variety.

 “We take data security incredibly seriously, and we will continue to enhance our access protocols, which have already been significantly improved and hardened since this incident took place.”

Continue Reading

Money

Why the meme-stock frenzy is unlikely to repeat

Published

on

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

Continue Reading

Money

Why are airlines after the Biden Administration?

Published

on

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

Continue Reading

Money

The mounting pressure on Government spends

Published

on

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

Continue Reading

Trending Now