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German Finance Minister: International law applies to all countries, including the United States.January 11 - According to an announcement by Zhongheng Group, based on preliminary calculations by the companys finance department, the net profit attributable to shareholders of the listed company for 2025 is expected to be negative, and the companys operating performance for 2025 will result in a loss.The CEO of Dal Global stated that Dal Global and the Trump Organization will launch a new Saudi real estate project worth $10 billion.January 11 – The Houthi rebels in Yemen issued a statement today (January 11) claiming that Saudi Arabia, through Yemeni Presidential Leadership Council Chairman Ali al-Aimi, has signaled a “restart of the war.” The Houthis warned that any Saudi military action would be met with a strong response. The statement emphasized that any military adventure against Yemen would be devastating and extremely costly. The Houthis stated that Saudi Arabias only option is to fulfill its peace commitments, end its intervention in Yemeni affairs, and withdraw from Yemen.On January 11, media reported that the planned visit to Somalia by Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, originally scheduled for January 9, had been postponed. A spokesperson for the Chinese Embassy in Somalia stated that, following friendly consultations between the Chinese and Somali foreign ministries, China adjusted Wang Yis itinerary due to scheduling conflicts. Both sides are maintaining communication regarding the next steps. China has always attached great importance to its strategic partnership with Somalia, firmly supports Somalias just claims to safeguard its sovereignty, unity, and territorial integrity, and is willing to work with Somalia to continue to deepen and develop cooperation in various fields.

Breton Urges TikTok's CEO to Follow EU Rules or Be Banned

Aria Thomas

Jan 20, 2023 10:39

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Thursday, the head of the European Union's internal market told the CEO of the Chinese social media startup TikTok that the firm might face a ban in the European Union if it does not increase its efforts to comply with EU legislation by September.


According to a transcript of a video conference between European Commissioner Thierry Breton and Shou Zi Chew, TikTok must comply with the EU's Digital Services Act (DSA) well in advance of the September 1 deadline.


Breton stated, "We will not hesitate to use the whole spectrum of sanctions to defend our citizens if audits do not disclose complete compliance."


TikTok answered that it was dedicated to the DSA and described its compliance efforts with other EU regulations, including the GDPR data protection requirements and a misinformation code of behavior.


Caroline Greer, the manager of public affairs and government relations at TikTok, tweeted, "Our users' safety is of the utmost priority."


The short-video app, which is managed by the Chinese technology company ByteDance, has labored over the past three years to assuage U.S. concerns that the Chinese Communist Party or any other institution under Beijing's authority may access and influence the personal information of its users.


Following the company's admission last month that some of its employees improperly accessed the TikTok user data of two journalists in an attempt to determine the source of media leaks, the pressure on the company increased.


"Younger audiences impose greater obligations. It is intolerable that, within seconds, people can access harmful and often even life-threatening content hidden behind seemingly harmless features "Breton declared.


"The DSA includes dissuasive measures, such as an EU ban, for repeated serious infractions that risk the lives or safety of individuals," he stated.


The Digital Security Act requires Internet platforms to do more to police the internet for illegal content or face fines of up to 6% of their global annual sales.


Chew came to Brussels last week to meet with regulators, including EU antitrust chief Margrethe Vestager, in an effort to persuade the bloc that it will adhere to the bloc's increasingly stringent tech legislation and privacy and child safety requirements.

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