EUR/USD 1.14360
0.035%
Gold 4174.79
1.240%
Oil 68.721
0.443%
USD/JPY 161.359
0.158%
GBP/USD 1.33524
0.049%
GBP/JPY 215.459
0.223%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 5th - According to the Financial Times, Uber has suspended most of its European food delivery expansion plans as it continues its efforts to acquire its biggest competitor in Europe. Two sources familiar with the matter revealed that the company no longer plans to launch services in five of the seven countries it planned to expand into this year, including Austria, Norway, and Greece. This adjustment comes just five months after Uber announced its European food delivery expansion plans, which included entering markets such as the Czech Republic and Romania, and aiming to add $1 billion in total bookings over the next three years. However, Uber is still pursuing the acquisition of Berlin-based food delivery platform Delivery Hero. Its €10 billion takeover offer was rejected by Delivery Hero in May.According to the Financial Times, Frances efforts to exclude Britain from EU defense spending will backfire.On July 5th, the Iranian Foreign Ministry announced that the Yemeni Deputy Prime Minister visited Tehran to attend the funeral of former Iranian Supreme Leader Ayatollah Khamenei and met with Iranian Foreign Minister Araqchi on Saturday afternoon. Foreign Minister Araqchi expressed gratitude for the courage and firm stance of the Yemeni government and people in their strong condemnation of the US-Israeli military aggression against Iran and their expression of solidarity with the Iranian people. Araqchi also emphasized that Iran is prepared to utilize all diplomatic channels to promote the lifting of the blockade against Yemen and the full implementation of the Yemen peace roadmap.Iranian Foreign Ministry: A Serbian delegation visited Tehran to attend the funeral of former Iranian Supreme Leader Khamenei and met with Iranian Foreign Minister Araqchi on Saturday afternoon.July 5th - The Chinese and Russian navies will hold the "Joint Sea-2026" joint exercise in the sea and airspace near Qingdao in July. After the exercise, some forces from both sides will conduct joint maritime patrols in relevant waters of the Pacific Ocean. This is part of the annual cooperation plan between the Chinese and Russian militaries, aimed at jointly addressing security challenges and maintaining regional peace and stability.

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

Aria Thomas

Jan 20, 2023 10:39

4.png


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.

Suggestion