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

Tech

UK set to fine TikTok for breaching children safety

Published

on

The UK says it may fine the company $29 million for violating kids’ privacy

Ask anyone under the age of 18 to name their favourite app, and there’s a good chance they’ll say “TikTok.”

The short-form video platform has taken the world by storm in recent years, thanks to its addictive mix of user-generated content and algorithm-driven recommendations.

However, it turns out that TikTok may have crossed a line when it comes to its youngest users.

The UK’s data privacy regulator is investigating whether TikTok violated children’s privacy law by processing data of kids under 13 without parental consent.

If found guilty, the company could be fined up to £27 million (about $29 million).

In a legal document notifying TikTok of the possible fine, the UK Information Commissioner’s Office says TikTok may have processed sensitive categories of data “without legal grounds,” and may have failed to provide information to its users transparently enough.

So what does this mean for TikTok’s future in the UK?

According to the UK Information Commissioner’s Office, TikTok may have violated children’s privacy law by processing data of kids under 13 without parental consent.

The ICO is also investigating whether TikTok collected sensitive categories of data without legal grounds and failed to provide information to its users transparently enough.

If found guilty, TikTok could be fined up to $29 million. That would be a drop in the bucket for a company like ByteDance, which is valued at over $75 billion.

However, it would be a big deal for TikTok in the UK, where the app has been downloaded over 32 million times.

How Did This Happen?

It’s important to note that there is no evidence that any user data was actually mishandled or misused by TikTok.

Rather, the ICO is concerned that TikTok may have collect children’s data without their parents’ knowledge or consent.

TikTok has always maintained that it has a separate app called “Tik Tok Kids” for users under the age of 13.

However, according to the ICO, some children were able to bypass these age restrictions and create accounts on the main TikTok app. As a result, their data may have been collected without their parents’ knowledge or consent.


What Happens Next?

It’s still unclear what will happen next in this case. The ICO is currently in talks with ByteDance about possible resolutions, but no decisions have been made yet.

In the meantime, TikTok will continue to operate as normal in the UK.

But if found guilty, this would be a big deal for TikTok in the UK, where the app has been downloaded over 32 million times.

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.

Published

on

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.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation


Download the Ticker app

Continue Reading

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.

Published

on

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.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

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.

Published

on

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.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Download the Ticker app

Continue Reading

Trending Now