Saturday, August 23, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeWorldTiktok suspends its...

Tiktok suspends its Lite version rewards program, as required by the European Commission

Meanwhile, the Chinese company that owns the popular social network has announced that it will take to court the US law that forces it to sell the brand, arguing that it would “devastate” seven million companies in the United States and “silence” 170 million users.

tiktok announced this Wednesday that it has temporarily suspended the points program of the Lite version which launched among others in the Spanish and French states, after the European Comission threatened him with million-dollar sanctions by arguing that the reward system could cause addiction among the youngest.

“TikTok always seeks to collaborate constructively with the European Commission and other regulators. Therefore, we are voluntarily suspending the rewards program on TikTok Lite, while we address the concerns that have been raised,” the Chinese platform said in a message on the network. social

TikTok Lite allowed users Earn points for watching or posting videosfor following content creators or other friends on the platform, with the possibility of redeem them later in ecommerce storesa practice that the Commission considers “addictive” and that poses a risk, especially for minors.

Brussels accuses TikTok, owned by the Chinese company ByteDance, of having launched its Lite version before publishing the report on the possible risk to users required by the new European Union digital services law. The Commission gave the company a courtesy period – it ended on Wednesday – to take action or suspend the program under threat of fines proportional to 1% of its global annual turnover or 5% of its average income worldwide.

He european commissioner of the Internal Market, Thierry Breton, welcomed the suspension of the program and stressed that he will continue to be vigilant. “Our children are not guinea pigs for social networks,” he added.

Another front in the US

In the United States, the Chinese social network also faces a possible ban if it does not sell the social network’s operations in the country, as required by a law passed by the United States Congress.

The law, which was approved by Congress on Tuesday and proclaimed a day later by US President Joe Biden, gives ByteDance 270 days to find an investor from a country that is not a “foreign adversary” to sell the company to.

The ByteDance company has already warned that it will take the rule to court. “This unconstitutional law means a ban on TikTok and we will challenge it in court. We believe the facts and the law are clearly on our side, and that we will ultimately prevail,” TikTok said in a statement.

This social network has defended that it has “invested billions of dollars to keep the data safe” of Americans and that the social network it is “free from external influences and manipulations.”

TikTok has also warned that a possible ban would “devastate” seven million companies in the United States and would “silence” 170 million of US users

Source: Eitb

Get notified whenever we post something new!

Continue reading

The head of the Abkhazian Foreign Ministry assessed the relations between Russia and Georgia

It is in Abkhazia's interest to develop relations between Russia and Georgia, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3."I think it is in our interest to see things develop normally. I do not believe...

The head of the Abkhazian Foreign Ministry called on the Russian Federation to consider how to improve relations with the Russian Federation

Abkhaz political forces need to think together about how to improve relations with Russia, which have begun to deteriorate, Abkhaz Foreign Minister Sergei Shamba said at a briefing on September 3.He commented on a document that appeared on social...

Sports Minister Degtyarev punished a State Duma deputy for changing citizenship

State Duma deputies who previously changed their sports citizenship are disgusting, Russian Sports Minister Mikhail Degtyarev said on September 4 during a speech at the EEF-2024 forum.Degtyarev said he was not against Russian athletes taking part in international competitions...