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TikTok owner shuts down major part of company



Beijing-based online giant, ByteDance has laid off hundreds of employees as it struggles to cope with China’s latest round of big-tech regulations

TikTok logo is seen displayed on a phone screen in this illustration photo taken in Krakow, Poland on November 13, 2019. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

The owner of TikTok ByteDance had to shut down a significant portion of its online education sector in order to comply with the nation’s new laws.

Another company called GoGo Kid will be forced to shut down completely, as China’s government moves in on the $100 billion industry.

The new regulations include a ban on private companies from teaching children how to earn profits and even raise capital…

In addition to this, the industry is not allowed to hire foreigners or teach school content to children.

The newly imposed regulations sparked widespread market concerns and triggered a $1 trillion wipeout from Chinese equities.

TikTok rival plummets 15 per cent

Kuaishou Technology fell the most on record after a post-listing lockup on sales of its shares expired.

The company has fallen more than 15% in Hong Kong, the most since a February listing.

The stock is now down more than 20% from its listing price.

 A six-month lockup period on the TikTok rival expired yesterday allowing some of the video giant’s backers to finally dump their stock.

This all comes after the company shut down Zynn, a video sharing-app, marking an end to the failed attempt to challenge TikTok.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.


The #SunburnChallenge has been blocked on TikTok Australia



TikTok Australia has partnered with Melanoma Institute Australia for a new campaign to stop glamourising tanning

As Australians prepare for warmer temperatures, TikTok Australia is seeking to put an end to the viral #SunburnChallenge.

The challenge has led to users uploading videos of their sunburned bodies onto the platform.

However, the video-sharing app will begin removing these videos under the ‘Tanning. That’s Cooked’ campaign.

The initiative is targeted at 20–39 year old Australians who are partaking in the trend.

It will use humour to throw shade at tanning, and turn Australia’s tanning culture on its head.

Lee Hunter is the general manager at TikTok, who said humour is the key to shaping this demographic rather than serious corporate or health messages.

“The campaign is inviting TikTok creators to use humour and throw shade at tanning in their own authentic way, helping to spread the word and change the perception of tanning.”


Skin cancer is the most deadly form of the disease for Australians. It is typically caused by an over-exposure to the sun and ultra-violet radiation.

While it is preventable in most cases, the disease is the most common cancer among 20–39 year olds.

“Everyone who searches for a hashtag related to summer sun, tanning and many other summertime phrases, will see the ‘Tanning. That’s Cooked.’ banner and will be provided with information that outlines the dangers of tanning, with links to Melanoma Institute Australia,” Mr Hunter said.

The plea was made by Melanoma Institute Australia (MIA), who have pushed for social media stars and influencers to stop glamourising tanning.

Matthew Browne is the chief executive at MIA, who said the TikTok partnership will help to strengthen the message for younger Australians.

“One Aussie is diagnosed with melanoma every 30 minutes and it claims more lives than the national road toll. Tanning is actually skin cells in trauma.”


“There is no safe way of sun tanning, including the concept of getting a protective ‘base tan’ at the start of summer.”

“That’s like saying smoking a few cigarettes a day will protect you from developing lung cancer,” he explained.

TikTok has recently stepped up its social responsibility commitments. In October, the platform said it intends to “drive a deeper understanding and awareness of the importance of mental wellbeing”.

According to a recent poll, of over 1,000 participants, 23 per cent of Australians believe mental wellbeing is more important than physical wellbeing.

TikTok has developed wellbeing guides, which share practical advice for people to be more considerate about what they share online.

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EU sets out its new Twitter rules



A clash may be brewing between Twitter’s new owner Elon Musk and the European Union

EU officials warning that the site could be blocked, if it doesn’t make a commitment to moderate its content.

According to the Financial Times, Breton said Twitter needed to make a number of changes to meet the DSA’s requirements.

It wants Twitter to “aggressively” tackle disinformation, submit to an audit and provide clear criteria about which users are at risk of being banned.

The EU also wants Twitter to carefully consider how it lifts bans in the future.

Breton posted a full “DSA Checklist,” via his Mastodon account, containing the rules he said Twitter will need to abide by.

Failing to comply with the DSA can result in an EU-wide ban or fines of up to 6 percent of global turnover when it comes into force, which Politico reports may not happen until early 2024.

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The new tech to trap fare evaders



New tech to catch fare evaders is set to be deployed across Britain’s second-largest train operator.

The system is installed at barriers to automatically detect whether a ticket is valid.

If it isn’t, it sends an alert to Northern staff to see if additional checks are required.

These additional checks include whether a passenger has the appropriate rail card or is eligible for a child discount.

During a trial of the technology at a station last month, almost 180 fare dodgers were caught on one day alone.

Northern serves more than 500 stations across northern England.

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