TikTok gets one month to respond to claims of EU consumer rights breaches

European Commission says it has launched a formal dialogue with ByteDance-owned TikTok and national consumer groups to review the company's commercial practices and policy.

from Tech-Economic Times https://ift.tt/3vzNMBU

Facebook purged 150 covert influence operations in last four years

The covert influence operations originated from 2017 through mid-2021 and targeted both foreign and domestic public debate.

from Tech-Economic Times https://ift.tt/3i5GUbo

Our digital pasts weren’t supposed to be weaponized like this

As more and more people documented their lives online so that our whole selves, past and present, were visible, society was predicted to become more empathetic and forgiving. Instead the opposite has happened.

from Tech-Economic Times https://ift.tt/3oYU37A

Amazon-backed electric-vehicle firm Rivian could seek $70 billion valuation in IPO: Report

Rivian had a valuation of $27.6 billion, after a $2.65-billion investment round led by T. Rowe Price.

from Tech-Economic Times https://ift.tt/3wAIkP8

Amazon pressed for racial equity review after strong vote tally

The call for the racial equity audit received the highest level of support among 11 shareholder proposals at Amazon's annual meeting on Wednesday.

from Tech-Economic Times https://ift.tt/3vwDrGV

Apple to delay launch of podcast subscription service until June

Apple in April said it was introducing a service that would let podcast creators charge for their shows.

from Tech-Economic Times https://ift.tt/3oZcZmC

World War Social

We revisit the grandfather of social media controversies, and two more recent clashes between governments and big tech.

from Tech-Economic Times https://ift.tt/34s15s3