TikTok bytes back at explosive Forbes report claiming it tracks U.S. citizens

Published

2 years ago

October 21, 2022

Brittany Coles

Is Tiktok tracking data of U.S. citizens?

Business magazine Forbes says yes – which has made TikTok furious

The social media giant has shut down the explosive report.

Concerns have been raised about the data TikTok collects

But the social media giant has denied a Forbes report that a China-based team at its parent company ByteDance planned to track the locations of U.S. citizens

TikTok took to twitter to say it has never been used to “target” the American government, activists, public figures or journalists.

Adding that TikTok doesn’t collect precise location data from US users.

It follows a report by Forbes that says data would have been accessed without users’ knowledge or consent.

The U.S. business magazine cited documents it had seen, reporting ByteDance had planned to collect location data from U.S. users.

TikTok’s team said the report lacked “journalistic integrity”.

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

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

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

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

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

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