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[1/2] A 3D printed Youtube and Tik Tok logo are seen placed on keyboard in this illustration taken, September 15, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 9 (Reuters) - Alphabet's (GOOGL.O) YouTube and TikTok have been given a Nov. 30 deadline by the European Union to reply to an information request on how they protect children from illegal and harmful content, the European Commission said on Thursday. Google and TikTok did not immediately reply to a request for comment. The information request comes days after Breton told TikTok Chief Executive Officer Shou Zi Chew to spare no effort to counter disinformation on its platform, owned by China's ByteDance. "Based on the assessment of the replies, the Commission will assess next steps", the Commission said.
Persons: Dado Ruvic, Thierry Breton, Breton, Shou Zi Chew, China's ByteDance, Sundar Pichai, Tassilo Hummel, David Evans Organizations: REUTERS, Rights, YouTube, European Union, European Commission, Big Tech, Digital Services, Google, Reuters, Wednesday, TikTok, DSA, Thomson Locations: Rights BRUSSELS, Breton
And tensions between the countries heightened earlier this year when a Chinese surveillance balloon was spotted traveling over sensitive U.S. airspace. The U.S. military shot down the balloon off the Carolina coast after it traversed sensitive military sites across North America. With all of the tensions, the two nations have worked to smooth economic ties. Xi similarly met with Blinken in June when the secretary of state traveled to Beijing for talks with Wang. In January, she had her first face-to-face meeting with former Vice Premier Liu He in Zurich.
Persons: Janet Yellen, Joe Biden, Xi Jinping, Nicholas Szechenyi, , Biden, Shou Zi Chew, Wang Yi, Antony Blinken, Jake Sullivan, Xi, Wang, Yellen, Liu, , Colleen Long, Aamer Madhani Organizations: WASHINGTON, , Economic Cooperation, Center for Strategic, International Studies, APEC, Chinese Foreign, White, U.S, White House, Blinken, U.S . Treasury Department, China’s Ministry of Finance, Associated Press Locations: San Francisco, Asia, United States, China, U.S, Carolina, North America, Washington, Beijing, Zurich
TikTok's CEO and an X executive met with the European Commission's Věra Jourová on Tuesday. She said they both need to "step up" their efforts to counter hate speech. AdvertisementAdvertisementTikTok and X, formerly Twitter, need to "step up" their efforts countering hate speech, a European Commission vice president said. In posts on X, Jourová said the meetings were constructive but pointed out several areas of improvement, adding that X needs to do more to comply with the Digital Services Act. AdvertisementAdvertisementAs well as illegal hate speech, Jourová raised concerns about the platforms hosting pro-Hamas content in the wake of its attacks on Israel in October.
Persons: Jourová, , Věra Jourová, Shou Zi Chew, Nick Pickles, X's, X, Elon Musk, TikTok Organizations: Service, European Commission, Digital Services, EU, Hamas, Elon Locations: Israel, Gaza, EU, Brussels
Chinese technology giant ByteDance is offering to buy back stock options from employees at a higher price than earlier this year, in a bid to boost motivation and inject confidence among employees after a challenging year. RSUs or options are an instrument employees can purchase, which convert into actual shares if the company goes public or gets acquired. A ByteDance spokesperson confirmed the plan to CNBC and said the company aims to provide liquidity of its RSUs and options to motivate employees through buyback programs. ByteDance is not public. It is also a way for early employees who may have purchased stock options at a cheaper price to make some return on their investment.
Persons: Shou Zi Chew, ByteDance Organizations: Wednesday, CNBC, ByteDance, TikTok Locations: U.S
Companies TikTok FollowBRUSSELS, Nov 6 (Reuters) - TikTok must "spare no effort" to counter the spread of disinformation on the short video sharing app, EU industry chief Thierry Breton told the company's CEO on Monday, as the European Union steps up its efforts to curb the powers of Big Tech. "My services and I are now investigating whether this is enough to ensure compliance with the DSA (Digital Services Act)," Breton told Reuters in written comments after a video call with TikTok CEO Shou Zi Chew. "Because now more than ever, we must spare no effort to protect our citizens – especially children and teenagers – against illegal content and disinformation," he said. TikTok Public Policy Director Caroline Greer said in a post on social media platform X that the company was pleased that Breton recognised its compliance efforts. The DSA requires large online platforms to do more to tackle illegal and harmful online content on their platforms.
Persons: Thierry Breton, China's ByteDance, Breton, Shou Zi Chew, Caroline Greer, Chew, Vera Jourova, Didier Ryenders, Foo Yun Chee, Sharon Singleton Organizations: Big Tech, DSA, Services, Reuters, Big, EU, Values, Thomson Locations: BRUSSELS, European, Breton, Big Tech, Brussels
Chew will meet Breton on Nov. 6 and Jourova and Reynders on Nov. 7, a TikTok spokesperson said. He will update the commissioners on TikTok's data security regime called Project Clover which started to store European user data locally this year, a TikTok spokesperson said. The company has a data centre in Dublin, Ireland, and is building two more in Ireland and Norway. Breton last month gave TikTok an Oct. 25 deadline to provide information on its crisis response measures. Reporting by Foo Yun Chee; editing by Sudip Kar-Gupta and Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Shou Zi Chew, Online Harms, Thierry Breton, Vera Jourova, Didier Reynders, TikTok, Chew, Breton, Foo Yun Chee, Sudip Kar, Gupta, Jason Neely Organizations: Energy, Commerce, Safeguard, Online, Capitol, Breton, Digital Services, Big Tech, Thomson Locations: Washington , U.S, BRUSSELS, EU, Brussels, Israel, Gaza, Reynders, Dublin, Ireland, Norway
Cenat, who is a top Twitch streamer and YouTube creator with millions of subscribers across multiple platforms, was looking for an assistant. Cenat responded to her message, writing that she could have the job if she could get one task done. There's even a job board dedicated to finding work with a YouTube creator: YT Jobs . The staffers ranged from full-time employees to contractors, and they described days filled with unimaginable stunts, inconsistent work hours, varying salaries, and frequent pivoting. "It's like the old adage of, 'If you love what you do, you never work a day in your life.'"
Persons: Brianna Lewis yearned, Kai Cenat's, Cenat, Lewis, She's, Jimmy Donaldson, Preston Arsement, YT, Britt Carter, Kai Cenat, Brianna Lewis, Carter, Drake, Peter Sanjur, Sanjur, Zi Yuan, Yuan, Jason Russak, YouTuber Jesse Riedel, Russak Organizations: Instagram DMs, YouTube, Research, Oxford Economics Locations: Georgia, Charlotte , North Carolina, Atlanta , Georgia, Greenville , North Carolina, Smoky, Japan, Tokyo
Here are the biggest calls on Wall Street on Wednesday: UBS reiterates Advanced Micro Devices as buy UBS said it's standing by its buy rating on the chipmaker after its earnings report on Tuesday. Goldman Sachs downgrades ZoomInfo Technologies as buy Goldman downgraded the stock after its "mixed" earnings report citing lower visibility. UBS upgrades JD.com to buy from neutral UBS said shares of the Chinese retailer are attractive. " UBS reiterates Apple as neutral UBS said its checks show Apple's iPhone wait times are lower. TD Cowen reiterates Carvana as market perform TD said it's cautious heading into the used car company's earnings report on Thursday.
Persons: it's, TD Cowen, Piper Sandler, Piper, Polestar, Goldman Sachs, Goldman, Morgan Stanley, Bernstein, Price, Cantor Fitzgerald, VinFast, Cantor, it's bullish, JD, Mizuho, Robinhood, HOOD, Carvana Organizations: UBS, Devices, EV, Technologies, Bank of America, of America, UAW, Barclays, Ford, General Motors, Meta, JPMorgan, Boeing, Goldman, NRG Energy, Guggenheim, Management, Clear Messaging, Deutsche Bank, Deutsche, Apple, BP, UW Locations: Asia, Europe, North America
Sundar Pichai, Chief Executive Officer of Alphabet, gestures as he speaks during a session of the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. REUTERS/Denis Balibouse Acquire Licensing RightsBRUSSELS, Oct 13 (Reuters) - EU industry chief Thierry Breton on Friday warned Alphabet (GOOGL.O) Chief Executive Officer Sundar Pichai to adhere to EU tech rules after the spread of disinformation on YouTube following Hamas' attacks in Israel, the latest company to be rebuked. False content about the Israel and Hamas conflict has proliferated on the major social media platforms over the past several days. According to Alphabet's YouTube, the company has quickly worked to remove harmful content after Hamas' attack and was prepared to take additional action. It has also rolled out a crisis resource panel in search with information from Israeli authorities for viewers in Israel.
Persons: Sundar Pichai, Denis Balibouse, Thierry Breton, Breton, Pichai, Elon Musk, Mark Zuckerberg, Shou Zi Chew, Foo Yun Chee, Sudip Kar, Gupta, Sheila Dang, Louise Heavens, Diane Craft Organizations: Economic, REUTERS, Rights, YouTube, Twitter, Digital Services, Google, DSA, Thomson Locations: Davos, Switzerland, Rights BRUSSELS, Israel, Dallas
CNN —The Israel-Hamas war is sending investors in search of defensive assets. Israel declared war on Hamas Sunday after the Palestinian militant group launched a brutal attack that killed at least 1,300 people. But investors have since bought up shares of virtually risk-free government bonds, indicating that Wall Street remains worried. Utilities, energy and real estate stocks have also outperformed the broader S&P 500 index’s roughly 1% gain this week. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms, including the companies Breton addressed this week.
Persons: , George Smith, Bryan Hinmon, Hinmon, hasn’t, TikTok, Shou Zi Chew, Thierry Breton, Brian Fung, Breton, ” Breton, TikTok didn’t, Anna Cooban, ” Russia’s, Andrei Belousov, Read Organizations: CNN Business, Bell, CNN, Stock, Treasury, LPL, Twitter, Meta, Digital Services Locations: Israel, Palestinian, Saudi Arabia, Russia, Ukraine, Chew, Moscow
EU officials warn TikTok over Israel-Hamas disinformation
  + stars: | 2023-10-12 | by ( Brian Fung | ) edition.cnn.com   time to read: +1 min
CNN —EU officials warned TikTok Thursday about “illegal content and disinformation” on its platform linked to the war between Hamas and Israel, calling for CEO Shou Zi Chew to respond within 24 hours. In a letter to Chew, European Commissioner Thierry Breton said failure to comply with European Union laws around content moderation could result in penalties. It is the third such letter Breton has sent to large social media platforms this week, after he sent similar warnings to X, the platform formerly known as Twitter, and Meta. In August, a recently passed EU law known as the Digital Services Act went into effect for large online platforms including the companies Breton addressed this week. Since the war began, Breton wrote, TikTok has reportedly spread graphic videos and misleading content on the platform.
Persons: Shou Zi Chew, Thierry Breton, Breton, TikTok, ” Breton, TikTok didn’t Organizations: CNN, Twitter, Meta, Digital Services Locations: Israel, Chew
Printed TikTok logos are seen in this illustration taken February 15, 2022. Breton's warning in a letter to Chew, first seen by Reuters, follows similar letters to X, formerly Twitter, owner Elon Musk and Meta Platforms' Mark Zuckerberg earlier this week. Breton subsequently posted the letter on social media platform Bluesky. Breton said in the letter to TikTok, owned by Chinese conglomerate ByteDance, that he had indications that it was being used to disseminate illegal content and disinformation in the EU after the Hamas attacks. The EU industry commissioner said rules on content moderation were clear in the EU Digital Services Act (DSA) and spelt out certain obligations in his letter.
Persons: Dado Ruvic, Thierry Breton, Frenchman, Shou Zi Chew, Chew, Elon Musk, Mark Zuckerberg, Breton, Linda Yaccarino, Foo Yun Chee, Philip Blenkinsop, Jane Merriman, Elaine Hardcastle, Jan Harvey Organizations: REUTERS, Rights, Digital Services, DSA, Reuters, EU, EU Digital Services, Thomson Locations: Rights BRUSSELS, Israel
TikTok CEO Shou Zi Chew prepares to testify before the House Energy and Commerce Committee hearing on TikTok: How Congress Can Safeguard American Data Privacy and Protect Children from Online Harms, on Capitol Hill in Washington, D.C., on March 23, 2023. European regulator Thierry Breton shared a stern letter to TikTok CEO Shou Zi Chew on Thursday, claiming his office has "indications" that the platform is being used to distribute disinformation and illegal content around the ongoing Israel-Hamas war. Breton issued similar letters to X owner Elon Musk and Meta CEO Mark Zuckerberg this week. Under the European Union's newly enacted Digital Services Act, TikTok must monitor and remove illegal content such as terrorist content or illegal hate speech. Failure to comply with the European regulations around illegal content could result in fines worth 6% of a company's annual revenue.
Persons: Shou Zi Chew, Online Harms, Thierry Breton, Breton, Elon Musk, Mark Zuckerberg, TikTok, Chew, Musk, Linda Yaccarino, Zuckerberg Organizations: House Energy, Commerce, Safeguard, Online, Capitol, Washington , D.C, Services, Twitter, Meta, Facebook, CNBC Locations: Washington ,, Israel, Breton
The Utah suit is the latest action challenging the popular app in the United States, with Indiana and Arkansas bringing similar suits. Last month, a federal judge blocked California from enforcing a law meant to protect children when they use the Internet. Utah is seeking civil penalties as well as an injunction prohibiting TikTok from violating state law that protects consumers from deceptive business practices. Congress has been considering legislation for months that would enable the Biden administration to restrict or ban TikTok over concerns of potential spying. TikTok has said it has spent more than $1.5 billion on rigorous data security efforts and rejects spying allegations.
Persons: Shou Zi Chew, Online Harms, Sean Reyes, Reyes, TikTok, Biden, David Shepardson, Rod Nickel Organizations: Energy, Commerce, Safeguard, Online, Capitol, Facebook, Republican, Thomson Locations: Washington , U.S, Utah, United States, Indiana, Arkansas, California, Montana's
The Utah suit is the latest action challenging the popular app in the United States and comes as Congress has been considering legislation for months that would enable the Biden administration to restrict or ban TikTok over concerns of potential spying. ByteDance-owned TikTok, which has more than 150 million U.S. users, denies it improperly uses U.S. data and did not immediately comment. Utah is seeking civil penalties as well as an injunction prohibiting TikTok from violating state law that protects consumers from deceptive business practices. The Utah lawsuit is similar to an action brought against TikTok by Indiana in December. Montana's legislature approved legislation to ban TikTok citing spying concerns.
Persons: Shou Zi Chew, Online Harms, Biden, Sean Reyes, Utah's, TikTok, David Shepardson, Rod Nickel Organizations: Energy, Commerce, Safeguard, Online, Capitol, TikTok, Facebook, Republican, Thomson Locations: Washington , U.S, Utah, United States, Indiana, Arkansas, Montana's
WASHINGTON, Oct 3 (Reuters) - Two U.S. senators said they were investigating short video sharing app TikTok's reported decision recently to hire several high-level executives from its Chinese parent company, ByteDance. Republican Senator Josh Hawley, who sought unanimously consent to win approval for legislation to ban TikTok in May, plans to force a vote on the issue later this year. "We need to come back to it and we need to ban it," he told Reuters last month. "(TikTok) has hired lobbyists by the bazillion, they are in the halls constantly and they have been able to stop progress." TikTok is fighting a ban by the state of Montana set to take effect on Jan. 1.
Persons: Richard Blumenthal, Republican Marsha Blackburn, Shou Zi Chew, TikTok, Maria Cantwell, Josh Hawley, Donald Trump, David Shepardson, Jonathan Oatis, Mark Porter, Alexandra Hudson Organizations: ByteDance, Democrat, Republican, U.S, Biden, White, TikTok, Reuters, HK, Alexandra Hudson Our, Thomson Locations: China, Montana
Indonesia spoils TikTok’s Southeast Asia party
  + stars: | 2023-09-28 | by ( Anshuman Daga | ) www.reuters.com   time to read: +4 min
Sandy Saputra, 19, who is one of TikTok's biggest Indonesian stars, uses his smartphone to record a video using the app in Jakarta, Indonesia, July 24, 2020. REUTERS/Willy Kurniawan - RC2PMI9KGQ5Q Acquire Licensing RightsSINGAPORE, Sept 28 (Reuters Breakingviews) - June must now feel like an alternate reality to TikTok CEO Shou Zi Chew. On Wednesday, though, President Joko Widodo’s administration banned e-commerce transactions on social media platforms. Indonesia is key to TikTok’s hopes of growing its e-commerce sales in Southeast Asia. CONTEXT NEWSIndonesian authorities on Wednesday announced new regulations that bar social media companies from conducting direct e-commerce sales on their platforms.
Persons: Sandy Saputra, Willy Kurniawan, Shou Zi Chew, Joko, Zulkifli Hasan, TikTok, , GoTo, Antony Currie, Katrina Hamlin Organizations: REUTERS, Rights, Reuters, Trade, HK, Wednesday, Thomson Locations: Indonesian, Jakarta, Indonesia, Rights SINGAPORE, Southeast Asia, Singapore
To determine if a candidate was a good fit for his company, one CEO is said to have consulted a "feng shui" master. From who to hire to where to put their money and when is the best time to get married, more and more people are turning to fortune telling in Singapore. "Especially if it's a C-suite hire, or if it's a very important hire and the companies are unsure. said Chase Woo, managing partner at Hoseiki, a feng shui atelier which also does consultations. Jonathan Lok consulted a feng shui master before picking Jan. 27 to get married.
Persons: Luis Acosta, it's, Benedict, Feng shui, Mark Tan, Tan, Jing, Chase Woo, she's, feng shui, Roslan Rahman, Woo, Jonathan Lok Organizations: Afp, Getty, SINGAPORE, Way, Singapore's Department of Statistics, Singapore's Ministry of Manpower, Tripartite, country's Association of Small, Enterprises, Fengshui, Nurphoto Locations: Singapore
But analysts said the pivot is a move to defend market share. Defending your market share is the right strategy in e-commerce. CEO Shou Zi Chew said in June that TikTok would invest billions of dollars in Southeast Asia over the next few years to gain market share. Sea's decision to accelerate ecommerce investments in growth is likely to materially weigh on its earnings and share price in the near-term. "Sea's decision to accelerate ecommerce investments in growth is likely to materially weigh on its earnings and share price in the near-term," said JPMorgan.
Persons: Forrest Li, GoTo, Sachin Mittal, Woo, Li, JPMorgan, Jonathan Woo, Shou Zi Chew, TikTok, Alibaba's Lazada, Sea's Shopee, Lazada's GMV Organizations: Sea Ltd, Bloomberg, Getty, Local, DBS Bank, Phillip Securities Research, JPMorgan, Momentum Works Locations: Singapore, Lazada, Southeast Asia
Eggplant Extravaganza
  + stars: | 2023-08-17 | by ( Tanya Sichynsky | ) www.nytimes.com   time to read: +2 min
has a bumper crop!” — AmyIf you find eggplant inedible, either because of its texture or taste, you want recipes that use up as much produce as possible while making it largely undetectable. In Kay Chun’s eggplant and bean chili, eggplant is simmered in a garlicky tomato sauce until it collapses into a chile-spiced ragù. Pairing stewed eggplant with aromatics and protein-packed legumes is a solid strategy: Kay does it again in her recipe for eggplant dal, in which cumin, coriander, garlic, ginger and fresh chile season lentils and eggplant. Bitter eggplant is often undercooked eggplant. And if you’re frustrated with the results of sautéing and baking, try steaming: In about 10 minutes, strips of eggplant are rendered silky in Hetty Lui McKinnon’s recipe for liang ban qie zi, eggplant with garlic, ginger and scallions.
Persons: I’ve, Amy, Kay, — Kay, you’re, Hetty Lui McKinnon’s
A spokesperson for TikTok confirmed on Friday that the talks were taking place, adding that an Indonesian payments licence would help local creators and sellers on its platform. A representative for the central bank, Bank Indonesia, did not respond to a request for comment. A payments licence would enable TikTok to benefit from transaction fees and put it more directly in competition with Southeast Asian e-commerce giants, Sea's (SE.N) Shopee and Alibaba's (9988.HK) Lazada. Douyin, the Chinese counterpart to TikTok that is also owned by ByteDance, obtained a Chinese payments licence in 2020. It was not immediately clear if TikTok has obtained a payments license elsewhere in the world.
Persons: Dado Ruvic, TikTok, Shou Zi Chew, Stefanno Sulaiman, Josh Ye, Edwina Gibbs Organizations: REUTERS, Reuters, TikTok, Bank Indonesia, HK, Lazada, ByteDance, Momentum, Thomson Locations: JAKARTA, Indonesia, U.S, Southeast Asia, Europe, TikTok, China, United States, Montana, Australia, Canada, Hong Kong
JAKARTA/HONG KONG, July 27 (Reuters) - TikTok said it has no plans to roll out a cross-border business in Indonesia as a government minister on Thursday expressed concerns over how reported plans for a new e-commerce push by the firm could flood the country with Chinese products. "We have no intent to create our own e-commerce product or become a retailer/wholesaler in Indonesia to compete with Indonesian sellers." The current localised TikTok Shop model "empowers and benefits" local sellers, and TikTok will continue with this approach, she added. The company said that its app has 325 million Southeast Asian users that are active every month while 125 million are in Indonesia. The company has said that there are 2 million small businesses on TikTok Shop in Indonesia.
Persons: TikTok, China's ByteDance, Masduki, Fiki, Temu, Anggini Setiawan, Shou Zi Chew, Stanley Widianto, Josh Ye, Brenda Goh, Conor Humphries Organizations: Reuters, Indonesia's, Cooperatives, Enterprises, PDD Holdings, U.S, of Communications, TikTok, Thomson Locations: JAKARTA, HONG KONG, Indonesia, United States, Indonesian, Europe, TikTok Indonesia, Asia, Jakarta, Hong Kong
BRUSSELS, July 18 (Reuters) - Chinese-owned social media platform TikTok has voluntarily agreed to a "stress test" to prepare for the European Union's Digital Services Act (DSA), EU industry chief Thierry Breton said on Tuesday. Under the EU's Digital Services Act (DSA), Alphabet unit Google (GOOGL.O), Meta and other large online platforms will risk hefty fines if they do not control illegal content. TikTok will also be subject to the DSA rules, which require companies to manage risk, conduct external and independent auditing, share data with authorities and adopt a code of conduct. "Recent events have shown the impact TikTok has on democracies — and how important independent EU enforcement is," wrote Breton on Twitter. "TikTok voluntarily agreed to perform a #StressTest to prepare for #DSA.
Persons: Thierry Breton, Breton, TikTok, Shou Zi Chew, Sudip Kar, Josie Kao Organizations: Union's Digital Services, EU's Digital Services, DSA, Twitter, Thomson Locations: BRUSSELS
A new Pew Research Center study showed 60% of Americans see TikTok as a threat to national security. about the app's TikTok had about 150 million American users as of March. About three in five, or 60% of surveyed Americans view TikTok as a threat to national security, according to a new study from the Pew Research Center released Monday. Of the Republican and Republican-leaning respondents, 70% perceived TikTok as a national security threat, compared to 53% of the Democratic and Democratic-leaning respondents. A separate Pew study released back in March showed that 50% of Americans supported banning the TikTok app.
Persons: TikTok, , Insider's Sawdah, Shou Zi Organizations: Pew Research, Morning, Pew Research Center, Republican, Democratic Locations: Montana, China
JAKARTA, June 15 (Reuters) - Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630 million - half of them under 30 - is one of TikTok's biggest markets in terms of user numbers. "We're going to invest billions of dollars in Indonesia and Southeast Asia over the next few years," TikTok CEO Shou Zi Chew said at a forum it organised in Jakarta to highlight the social and economic impact of the app in the region. Chew said TikTok has 8,000 employees in Southeast Asia, and 2 million small vendors selling their wares on its platform in Indonesia, the region's biggest economy. The app has not faced major bans on government devices in Southeast Asia, but it has been under scrutiny over its content.
Persons: China's ByteDance, Shou Zi Chew, Chew, TikTok, Stanley Widanto, Miyoung Kim, Christopher Cushing, Jamie Freed Organizations: HK, Thomson Locations: JAKARTA, Southeast Asia, Sea's, Indonesia, Jakarta, Beijing, Britain, New Zealand, Vietnam
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