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Washington CNN —TikTok said Wednesday it would suspend a controversial program in the European Union that has prompted growing alarm among EU regulators. The program at issue appears within TikTok Lite, a less data-intensive version of TikTok’s main app, and which contains a feature that rewards users with cash for engaging with TikTok content and app features. “TikTok always seeks to engage constructively with the EU Commission and other regulators,” TikTok said in a post on X. “We are therefore voluntarily suspending the rewards functions in TikTok Lite while we address the concerns that they have raised.”The EU warnings to TikTok reflected an exercise of new oversight powers granted by the Digital Services Act, the trading bloc’s recently enacted law governing online platforms. TikTok also faces further, additional fines of up to 6% of its global annual revenue if the TikTok Lite feature is determined to be in violation of the DSA.
Persons: Washington CNN — TikTok, TikTok, , “ TikTok, ” TikTok, Joe Biden Organizations: Washington CNN, European Union, European Commission, EU Commission, Digital Services, TikTok, Commission, DSA, Wednesday Locations: European, Europe, United States, Israel, Ukraine
Pictured here is the Zeekr 001 electric car at a services trade fair in Beijing on Aug. 31, 2023. China News Service | China News Service | Getty ImagesBEIJING — Chinese electric car brand Zeekr is selling more vehicles than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC on Wednesday. For the first three weeks of April, Zeekr sold 500 more cars than Tesla in the province of Zhejiang, where Zeekr and its parent company Geely are based. Zeekr also slightly outsold Tesla in the province of Anhui, near Shanghai, and Guangxi, an autonomous region in southern China. The rapid rise of Chinese electric car companies, however, has also prompted the EU and U.S. to consider measures for protecting their own auto industries.
Persons: Andy, Elon, Tesla, Zeekr Organizations: China News Service, Getty, CNBC, EU Locations: Beijing, BEIJING, China, Europe, Latin America, Zhejiang, Anhui, Shanghai, Guangxi, Sweden, Netherlands, America, Hong Kong, Macao, Singapore
This photograph taken on April 11, 2024, in Paris, shows the logo of the Chinese social network application TikTok Lite displayed in Apple's App Store. The social network TikTok, owned by the Chinese company ByteDance, has launched a new application in France and Spain, called TikTok Lite, which allows its users to get paid by watching videos, it announced on April 10, 2024. Users aged 18 or older can "collect points by discovering new content or completing certain actions," the social network said. TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it works to address EU concerns, the company said on X social media platform on Wednesday. The European Commission had given the ByteDance-owned company until today to address its concerns about the potentially addictive nature of the reward programme for children or face a temporary suspension of the feature.
Persons: TikTok Organizations: European Commission Locations: Paris, France, Spain
When Google sneezes, the entire online advertising industry catches a cold. Google's announcement Tuesday that it would again delay its planned timeline for killing off third-party tracking cookies had long been anticipated by the digital advertising industry. Google has a 28% share of the online ad market, according to market research firm Emarketer (a sister company to BI). Regulators could step in to resolve the cookie chaosSome industry experts are hoping regulators will step in to untangle the mess. Amid the four years of confusion, chaos, and harumphing, there has been one consistent theme: When it comes to the future of online advertising, Google calls the shots.
Persons: Ciaran O'Kane, WireCorp, hasn't, Sundar Pichai, Stephen Lam, Mathieu Roche, James Rosewell, Google's, haven't, Pierre Devoize, Devoize Organizations: Google, Business, Gmail, Antitrust, US Department of Justice, European Commission, UK's, Markets Authority, CMA, Industry, IAB Tech, EU Google, Chrome, Movement Locations: FirstPartyCapital
London CNN —European Union officials have raided the offices of a Chinese company as part of a probe into subsidies, exposing rising tensions between the bloc and one of its biggest trading partners. The European Commission said Tuesday that it carried out “unannounced inspections” at the premises of a company making and selling security equipment in Europe, which it suspects may have benefited unduly from state subsidies. “The commission has indications that the inspected company may have received foreign subsidies that could distort the (EU’s) internal market,” the EU’s executive body said in a statement on its website. The China Chamber of Commerce to the EU said Wednesday that it had been informed that a Chinese company was the target of the investigation. The Foreign Subsidies Regulation, which came into force last July, is aimed at addressing market distortions caused by subsidies from foreign governments and ensuring that EU companies are competing on a level playing field.
Persons: , , ” Ursula von der Leyen, Janet Yellen Organizations: London CNN — European Union, European Commission, China Chamber of Commerce, EU, CNN Locations: Europe, Poland, Netherlands, Romania, China, Puglia, Italy, United States, Beijing
Read previewDigital regulators in Europe are clamping down on a new feature by TikTok that rewards users for consuming videos and interacting with creators, citing addiction concerns among children. The European Commission said on Monday that it had opened formal proceedings against TikTok Lite, a spinoff version of the TikTok app that uses less mobile data and launched in Spain and France in March. Users can earn such points on the Lite app by watching videos for up to 85 minutes daily. "We suspect TikTok 'Lite' could be as toxic and addictive as cigarettes 'light,'" said Thierry Breton, commissioner for the internal market in the EU. "The TikTok Lite rewards hub is not available to under 18s, and there is a daily limit on video watch tasks," the spokesperson said.
Persons: , TikTok, Thierry Breton, Tiktok, TikTok didn't, Breton, it's Organizations: Service, European, Business, AFP, Digital Services Locations: Europe, Spain, France, EU
Germany has arrested a national on charges of spying for the Chinese secret service and leaking information from the European Parliament, Germany's federal prosecutor's office said on Tuesday. The man was also accused of spying on members of the Chinese opposition in Germany, according to a CNBC translation. The alleged spy was named as Jian G. and identified as an employee of a German member of the European Parliament since 2019. "If it is confirmed that there was espionage for Chinese intelligence services from within the European Parliament, then that would be an attack on European democracy from within. The ministry also said it hoped that Germany would stop using the so-called spy threat to manipulate political narratives, according to Reuters.
Persons: Scholz, Jian G, Maximilian Krah, Nancy Faeser Organizations: Tongji University, CNBC, Reuters Locations: China, Germany, Brussels
The Israeli military has ended one of its largest offensives in the occupied West Bank since October 7, saying it killed 10 "terrorists" in the Nur al-Shams refugee camp. Images from the raid — one of the IDF's largest in the West Bank since October 7 — show concrete slabs and rubble strewn across the area. Elsewhere in the West Bank, Israeli soldiers shot and killed two Palestinians near Hebron on Sunday, in what the military says was an attempted attack on soldiers. Meanwhile, an ambulance driver was killed in the West Bank on Saturday when his vehicle was hit by gunfire while transporting Palestinians wounded in an attack by Israeli settlers. Violence by Israeli settlers and troops in the West Bank has surged during Israel's war in Gaza.
Persons: Nur Organizations: West Bank, Palestinian Health Ministry, US Locations: Hebron, Gaza
This photograph taken on April 11, 2024, in Paris, shows the logo of the Chinese social network application TikTok Lite displayed in Apple's App Store. Users aged 18 or older can "collect points by discovering new content or completing certain actions," the social network said. The European Union on Monday opened proceedings against ByteDance's TikTok and threatened to suspend its newly launched TikTok Lite rewards program, where users can earn points for liking content or inviting friends to the app. The European Commission, the EU's executive arm, said TikTok had 24 hours to provide a risk assessment report for TikTok Lite or face fines. Children are thought to be at risk given the suspected absence of effective age verification mechanisms on TikTok, the EU said.
Persons: ByteDance's TikTok, TikTok, Margrethe Vestager Organizations: European Union, European Commission, TikTok, CNBC, EU, Digital Services Locations: Paris, France, Spain, EU
Justin Sullivan | Getty ImagesAs tech's behemoths get set to report earnings this week, they do so facing a mountain of drama. Tesla kicks off tech earnings season after the close of trading on Tuesday, with shares of the electric vehicle maker trading at their lowest since January 2023. When it comes to AI, Meta debuted its assistant — Meta AI — on WhatsApp, Instagram, Facebook and Messenger last week. Loren Elliott | Bloomberg | Getty ImagesOn a busy Thursday for tech earnings, Alphabet is likely to capture the most attention. On Thursday, Alphabet CEO Sundar Pichai announced a consolidation of the company's AI teams, including responsible AI and related research teams, under the Google DeepMind umbrella.
Persons: Sundar Pichai, Justin Sullivan, tech's behemoths, Tesla, Microsoft's, Lip, CNBC's, we've, Brandon Bell, Drew Baglino, Rohan Patel, Musk, John Murphy, Meta, Mark Zuckerberg, Wall, OpenAI's ChatGPT, Joe Biden, Republican Donald Trump, Loren Elliott, Ruth Porat, Thomas Kurian's, livestreamed, Pichai, that's, Satya Nadella, Sam Altman, Altman, OpenAI, chatbot, MSFT Organizations: Inc, Government, Society, Google, Big Tech, Nvidia, BakerAvenue Wealth Management, Tech, Meta, Microsoft, Getty, Elon Musk's EV, Bank of America, Reality Labs, Facebook, Republican, Bloomberg, CNBC, Google Cloud, Union, Apple, Guggenheim Locations: Stanford , California, Austin , Texas, New York, Sunnyvale , California, Sunnyvale, Seattle, San Francisco , California, OpenAI, Mistral, U.S
The Ukraine aid bill, passed in the United States’ House of Representatives on Saturday, is now due to go to the Senate on Tuesday. At the top: artillery shells and air defense systems. “To win, we need ammunition… our artillery is starving,” an artillery reconnaissance commander with the 110th mechanized brigade, callsign “Teren,” told CNN after the vote on Saturday. While Ocheretyne itself is of no strategic value, it sits on a ridge, making it a desirable military target. “We need front-line air defense as much as we need protection for our cities and villages,” Zelensky said.
Persons: Joe Biden, , Volodymyr Zelensky, , Teren, Velyka, Patrick Ryder, we’ve, Mark Warner, Chasiv Yar, Rob Lee, Russian Su, Anatolii Stepanov, ” Zelensky, Dmytro Kuleba, ” Kuleba, CNN’s Andy Carey, Victoria Butenko, Daria Tarasova, Svitlana Vlasova Organizations: Ukraine CNN —, United States ’, 110th, CNN, Ukraine’s Eastern Command, Pentagon, US Department of Defense, Senate Intelligence, CBS News, Sunday, , Kremlin, Nazi, Getty, Patriot, Tactical Missile Systems, Warner, US, Ukrainian Locations: Kyiv, Ukraine, Russia, United, Russian, Avdiivka, Donetsk, Germany, Poland, Ukraine’s Dnipropetrovsk, Chasiv, Nazi Germany, AFP
Read previewSailors aboard a German warship that was recently deployed to the Red Sea were on watch for 12 hours a day, and in the "worst" situations, they might've only had seconds to respond to the deadly Houthi threats endangering ships in these waters. The Hessen, a Sachsen-class frigate, left the Red Sea and entered the Suez Canal on Saturday after spending nearly 60 days operating in Middle Eastern waters, Germany's military said Monday. Around 240 crew members aboard the Hessen were on "a permanent war march" during the mission, the German military said in a statement, according to a translation. German military photoThe short timeframe underscores how fast some of the Houthi threats are. In late-February, the Hessen accidentally targeted a US MQ-9 Reaper drone that was operating around the Red Sea and fired several missiles at the aircraft.
Persons: , Bab, Volker Kübsch, Kübsch Organizations: Service, Business, US Navy, German Navy, Navy, Aspides, Sachsen Locations: Hessen, Sachsen, Suez, Yemen, Gulf, Aden, Mandeb, Germany, Wilhelmshaven, Hamburg
CNN —European officials are threatening TikTok with massive fines and a possible forced suspension this week of parts of a new spinoff app, launched this month, that regulators allege contains addictive features. The warnings target TikTok Lite, a less data-intensive version of TikTok’s main app which contains a feature that rewards users with cash for engaging with TikTok content and app features. EU officials fear the feature could be used to turn TikTok Lite users into addicts who can’t stop using the app and described it as an “experiment” on unwitting EU citizens in Spain and France where TikTok Lite has been made available. A decision to order the suspension could come as early as Thursday, commission officials told reporters on a conference call. TikTok could face further, additional fines of up to 6% of its global annual revenue if the TikTok Lite features the Commission is investigating are determined to be violations of the DSA.
Persons: , TikTok didn’t, TikTok, we’ve Organizations: CNN, European Union, EU, Digital Services, DSA, European Commission, Lite, Commission, TikTok Locations: Spain, France, European, United States, Israel, Ukraine, TikTok
Health-harming heat stress rising in Europe, scientists say
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: +1 min
A homeless man begs for money in a street of Bordeaux, southwestern France on August 24, 2023, as a heatwave sweeps across France. In a report on Europe's climate, Copernicus and the WMO noted last year's extreme conditions, including a July heatwave which pushed 41% of southern Europe into strong, very strong or extreme heat stress - the biggest area of Europe under such conditions in any day on record. Extreme heat poses particular health risks to outdoor workers, the elderly, and people with existing conditions like cardiovascular diseases and diabetes. Heat stress measures the impact that the environment has on the human body, combining factors like temperature, humidity and the body's response, to establish a "feels like" temperature. Parts of Spain, France, Italy and Greece experienced up to ten days of extreme heat stress in 2023, defined as a "feels like" temperature of more than 46 degrees Celsius, at which point immediate action must be taken to avoid heat stroke and other health issues.
Persons: Copernicus Organizations: World Meteorological Organization, WMO Locations: Bordeaux, France, Europe, Italy, Lodi, Spain, Greece
Read previewAn American veteran fighting in Ukraine said soldiers in his unit prefer to use Soviet-era rifles over modern ones because it's easier to find ammunition, including by taking it from the Russians. Jonathan Poquette is currently serving as a sniper in Ukraine, and he said that his unit prefers AK-74 rifles, which are chambered for 5.45×39mm rounds. He said that the prolific availability of older rifles among Ukraine's soldiers was also partly an issue with Ukraine's planning. This has also included ammunition from defeated Russian soldiers, or that fleeing Russians have left behind. Ukraine's ammunition shortagesUkraine is suffering from extensive shortages of ammunition and weaponry that have had serious ramifications all along the front lines.
Persons: , Jonathan Poquette, Poquette, Nuzhnenko, Kalashnikov, Oleksandr Ratushniak, Volodymyr Zekenskyy, Frederick Kagan, Serhii Mykhalchuk Organizations: Service, Business, AK, Radio Free, Radio Liberty, REUTERS Poquette, Chosen Company, 59th Motorized Brigade, NATO, US, REUTERS, Artillery Rocket Systems, EU Locations: Ukraine, Ukrainian, Soviet Union, Russian, Bakhmut, Radio Free Europe, Kyiv, Chasiv Yar, Donetsk region, Russia, Europe, Czech Republic
CNN —Life must seem bleak for British Prime Minister Rishi Sunak these days. Sunak has said that he will hold a general election this year, but has yet to confirm its date. It was only voted through by MPs because it has the support of the opposition Labour Party. Anderson is a working-class former miner who is from a part of the country that traditionally votes for the opposition Labour Party. However, Anderson was suspended from the Conservative Party after making comments about the Muslim mayor of London, Sadiq Khan, that Sunak clearly believed were beyond the pale.
Persons: Rishi Sunak, Sunak, , Boris Johnson, Winston Churchill, It’s, ” Rishi Sunak, Dan Kitwood, Liz Truss, Lee Anderson, Anderson, Elon Musk, Tesla, Kirsty Wigglesworth, doesn’t, Sadiq Khan, Suella Braverman, Braverman, Johnson, Rishi, ” Sunak Organizations: CNN, British, Conservative Party, Labour Party, , Conservatives, Allies, Labour, Sunak's, SpaceX, Reuters, Conservative, , Adidas Samba Locations: Quebec, London, Rwanda
Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka | Picture Alliance | Getty ImagesGerman carmakers do not have to fear competition from China and are still considered the best in the world, German Finance Minister Christian Lindner told CNBC. "German car manufacturers are world leading, they do not have to fear Chinese competition," Lindner said. Competition in the electric vehicle, or EV, market in China and Europe, as well as the U.S., has been heating up in recent months. This came ahead of Scholz's visit to China earlier this month, during which he warned against unfair competitive and trade practices.
Persons: Christian Lindner, Yellen, Bernd von Jutrczenka, CNBC's Karen Tso, Lindner, China's BYD, Tesla, Janet Yellen, Ursula von der, Wang Wentao, Olaf Scholz Organizations: Federal, of Finance, US, World Bank, Getty, German, CNBC, Washington , D.C, European Union . U.S, Treasury, European Commission, European Union, Commerce, EV, Reuters Locations: China, Washington ,, Europe, U.S, EVs, EU
CNN —Bill Maher recently said on his show that the 2024 election was going to be fought over two issues: immigration and abortion. Each party has an advantage, the Democrats on abortion and the Republicans on immigration. Now, it’s abortion rights voters who are energized, fueled by states like Arizona that are putting in place draconian restrictions on abortion. With the margins small in many swing states, abortion could be the issue that brings out suburban women, who could tilt those states blue in November. Joe Biden needs to be caught trying to solve the immigration crisis.
Persons: Fareed Zakaria, Fareed, Read, Bill Maher, Roe, Wade, Donald Trump, Trump, Joe Biden, don’t, Biden, Alejandro Mayorkas, Bill Clinton Organizations: CNN, Fareed’s, Republican Party, Republican, Trump, US, EU, Homeland, Democratic, Senate, National Guard Locations: Arizona, America, Sweden, United States, New York City, El Paso, Stockholm, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEU antitrust chief Margrethe Vestager on regulating Apple, Microsoft, and big techMargrethe Vestager, European Commission Executive Vice President, discusses probes into Apple and Microsoft, along with the Digital Markets Act.
Persons: Margrethe Vestager Organizations: Apple, Microsoft, European, Digital
CNN —Georgia’s government is attempting to force through a controversial “foreign agent” law, despite international condemnation and huge protests from its citizens. Critics of the law say is it is a Kremlin-inspired effort to undermine democracy which will damage Georgia’s bid to join the European Union. The ruling Georgian Dream party first tried to pass the bill 13 months ago, but was forced into an embarrassing climbdown following a week of intense protests. Nearly 80% of Georgians support European integration, according to a poll conducted in December by the National Democratic Institute. Since Russia invaded Ukraine in February 2022, thousands of Russians – especially men of service age – have fled to Georgia to avoid conscription.
Persons: CNN —, , Vladimir Putin, Putin, ” Salome Zourabichvili, Zourabichvili, , Irakli Gedenidze, ” Giorgi Bekurashvili Organizations: CNN, European Union, South Caucasus, , Kremlin, EU, National Democratic Institute Locations: Soviet, Europe, United States, Tbilisi, Georgian, Russia, South, Russian, “ Russia, Georgia, Ukraine
It's been a difficult week for Ukraine's President Volodymyr Zelenskyy as he continues to plead with the country's allies for more military aid, air defenses and backing to help beat Russia. Kyiv has watched how Israel's Western partners actively intervened last Saturday to help to defend the state from a massive Iranian drone and missile strike, with many of the projectiles intercepted by U.S., British, French and Jordanian forces. Although he has to tread a fine line between maintaining their support and goodwill, and campaigning for deeper assistance, Zelenskyy echoed that sentiment when addressing EU leaders Wednesday night. "We are still convincing that we need to protect Europe from ballistic missiles and 'Shaheds' [Iranian-made drones], from cruise missiles and bombs, as it happened in the skies of Israel and other countries in the region. Our Ukrainian sky and the sky of our neighbors deserve the same security," he said.
Persons: It's, Volodymyr Zelenskyy, Zelenskyy, Israel, — Holly Ellyatt Organizations: Russia, U.S, NBC Locations: Jordanian, Ukraine, U.S, Europe, East, Brussels, Israel
After visiting over 50 European cities, I'm often asked which places have been my favorites. However, I've found that each city I've been to has offered something different. A few of my favorite places to visit include Barcelona and Ljubljana, Slovenia. As someone who's visited over 50 European cities, I can help you narrow down your options. Here are the five cities in Europe I absolutely loved and can't wait to return to.
Persons: I'm, I've, , who's Organizations: Service, Union, EU Locations: Barcelona, Ljubljana, Slovenia, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We need to invest in our future': EU official calls for mobilization of capitalMairead McGuinness, European Commission for financial services, financial stability and capital markets union, stresses the need for the EU to invest in its future and mobilize capital in order to build resilience.
Persons: Mairead McGuinness Organizations: EU, Commission
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompetitiveness is key for European growth, says Greek finance ministerKostis Hatzidakis, Greece's minister of national economy and finance, discusses what has underpinned strong growth in his country and which EU fiscal policies he supports.
Persons: Kostis Hatzidakis Organizations: Competitiveness
Read previewOne of Ukraine's main European allies said it could buy US-made Patriot air-defense systems from other countries to send on to Ukraine. Ukraine is searching for more Patriot systems as it runs low on air defenses to stop Russian attacks. AdvertisementThe US-made MIM-104 Patriot missile system is a ground-based, mobile surface-to-air missile battery. REUTERS/Yevhen KotenkoGermany announced over the weekend that it would give Ukraine another Patriot system. AdvertisementHe said he "struggles to understand" some allies' resistance to giving Ukraine at least one of their Patriot systems.
Persons: , Mark Rutte, Jens Stoltenberg, Yevhen Kotenko, Volodymyr Zelenskyy, they've, Stoltenberg Organizations: Service, The, Guardian, Business, REUTERS, NATO, Patriot, Patriots Locations: Ukraine, The Netherlands, Warsaw, Poland, Russian, Kyiv, Yevhen, Yevhen Kotenko Germany
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