Facebook was co-founded by Mark Zuckerberg, entrepreneurs Dustin Moskovitz and Eduardo Saverin and launched on February 4, 2004
"These companies must be reined in, or the worst is yet to come," Senator Lindsey Graham, the top Republican on the committee, said
The grilling was held at a dramatic Senate Judiciary Committee hearing of the CEOs of major tech companies, who faced intense scrutiny over the potential harms of their platforms on teens
Senator Amy Klobuchar on Wednesday questioned what she said was inaction in the tech industry, comparing it to the response shown when a panel blew out of a Boeing plane earlier this month
It's Chew's second time testifying before Congress. Last year, he was called to a hearing in the House focused on the potential national security threats stemming from its Chinese ownership
ByteDance is often seen as the world's leading company on algorithms because its flagship apps such as TikTok, Douyin and Toutiao are powered by commanding recommendation engines
Sexual predators. Addictive features. Self-harm and eating disorders. Unrealistic beauty standards. Bullying. These are just some of the issues young people are dealing with on social media - and children's advocates and lawmakers say companies are not doing enough to protect them. On Wednesday, the CEOs of Meta, TikTok, X and other social media companies are testifying before the Senate Judiciary Committee about child exploitation on their platforms, as lawmakers, families and advocates are growing increasingly concerned about the effects of social media on young people's lives. While Meta CEO Mark Zuckerberg is a veteran of congressional hearings since his first one over the Cambridge Analytica privacy debacle in 2018, it will only be the second time for TikTok CEO Shou Zi Chew and the first for Linda Yaccarino, the CEO of X. Snap CEO Evan Spiegel and Discord CEO Jason Citron are also scheduled to testify. We understand that they are companies and they have to make profit. But whe
Tiktok, in a statement to Reuters, referred to UMG's narrative as "false" and said UMG's actions were not in the best interests of artists, songwriters and fans
The company aims to hire 100 full-time content moderators at the new location, according to Joe Benarroch, head of business operations at X
The positions affected were based in Los Angeles, New York, Austin and overseas, a company spokesperson said
ByteDance, best known for its short video app TikTok, launched Resso in India, Indonesia, and Brazil in March 2020
The firm stopped working on unreleased games and planned to divest of titles already launched, people familiar with the matter told Reuters at the time
Talks are ongoing but no deal has been reached, a ByteDance spokesperson told Reuters
The 2024 merchandise volume goal for the US version of TikTok Shop - which melds online entertainment with impulse buying - was discussed in internal meetings in recent weeks
But the database, accessed by Reuters on Wednesday, still includes X (formerly Twitter) and Twitch, with fines totalling 51 million roubles ($560,730) and 23 million roubles ($252,879), respectively
TikTok's owner will fire several hundred people, unwind projects under development and weigh potential sales of existing titles, people familiar with the matter said
The deadly social viral trend, the Chroming challenge, is responsible for the death of a 13-year-old girl. Here's all you need to know about the TikTok Challenge
Nepal's Supreme Court on Friday said it will hold the preliminary hearing of the writ petitions filed against the government's decision to ban the Chinese-owned social network platform Tiktok on Monday. The Nepal government on Monday decided to ban the popular social media platform, citing its negative effects on social harmony. Legal practitioners filed 10 writ petitions at the apex court against the government's decision to ban TikTok in the Himalayan nation on Friday, the first day of the opening of the courts after the Tihar holidays. After registering the 10 writ petitions, the Supreme Court scheduled the preliminary hearing for November 20, according to a court official. About 10 writ petitions have been registered, and a preliminary hearing is scheduled for November 20, said Spokesperson for the Supreme Court, Bhadrakali Pokharel. He said that all registered writ petitions will be heard on Monday. Senior advocate Dinesh Tripathi, advocate Swagat Nepal, and others have file
TikTok and Facebook owner Meta are filing legal challenges against new European Union rules designed to counter the dominance of digital giants and make online competition fairer by giving consumers more choice. TikTok said in a blog post Thursday that it's appealing being classified as an online "gatekeeper" by the Digital Markets Act, arguing that it's playing the role of a new competitor in social media that is taking on entrenched players. Meta said a day earlier that it disagrees with the 27-nation bloc's decision to include its Marketplace and Messenger as gateway services under the new rules, adding that it is seeking "clarification on specific points of law." The Digital Markets Act will take effect by March, with a list of dos and don'ts for big tech companies aimed at giving users more choices and threatening big penalties if they don't comply. Labeling TikTok a gatekeeper undermines the DMA's goal by protecting actual gatekeepers from newer competitors like TikTok, the .
The Nepal government on Monday decided to ban the Chinese-owned social network platform Tiktok, citing its negative effects on social harmony. According to government spokesperson and Minister for Communication and Information Technology, Rekha Sharma, Monday's Cabinet meeting decided to prohibit TikTok's use. The decision to ban Tiktok will be implemented through the Ministry of Communication and IT, she said. The Nepal government decided to ban Tiktok due to its negative effects on social harmony, The Kathmandu Post newspaper reported. A Cabinet meeting on Thursday made it mandatory for social media sites such as Facebook, X (formerly Twitter), TikTok and YouTube, among others, to open their liaison offices in Nepal. Although freedom of expression is a basic right, a large section of society has criticised TikTok for encouraging a tendency of hate speech, the government said. In the past four years, 1,647 cases of cybercrime have been reported on the video-sharing app, the repor