EU closes TikTok case after it withdraws 'addictive' feature
Business Standard|August 06, 2024
The European Union closed a case against ByteDance's TikTok after the Chinese social media giant pulled a controversial feature that regulators warned could be addictive for children.

The bloc's executive arm said ByteDance committed to permanently withdraw its controversial rewards programme on its Lite app from the EU to comply with the bloc's tough new Digital Services Act.

TikTok also pledged not to launch any other programme rewarding screen time and carrying risks of addiction for users, which would circumvent the withdrawal.

This story is from the August 06, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 06, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Himalayan glacial lakes expanded 10.81% from 2011 to 2024: Govt

Glacial lakes and other water bodies across the Himalayan region saw a 10.81 per cent increase in area from 2011 to 2024 due to climate change, signalling a heightened risk of glacial lake outburst floods (GLOFs), according to a government report.

time-read
1 min  |
November 04, 2024
Business Standard

India rises as global player in petroleum, sugar exports

SURGING MARKET SHARE IN 5 YEARS

time-read
1 min  |
November 04, 2024
Business Standard

Bollywood's tall storey: Mega deals drive real estate boom

Bollywood's influence extends beyond films. The industry's top stars are known for their larger-than-life roles both on and off screen.

time-read
2 mins  |
November 04, 2024
Festival spirit soars, so does pollution
Business Standard

Festival spirit soars, so does pollution

Last Thursday, the skies of Delhi illuminated with Diwali celebrations, despite a ban on firecrackers.

time-read
1 min  |
November 04, 2024
Business Standard

Credit culture: What's that?

Many bankers are complaining about deteriorating credit culture. The villain is farm loan waivers. But some of the NBFCs too are contributing to it

time-read
5 mins  |
November 04, 2024
PEELING THE KANDA EXPRESS
Business Standard

PEELING THE KANDA EXPRESS

As trains loaded with onions chug along, what is the impact on farmers, consumers, and traders?

time-read
4 mins  |
November 04, 2024
SROs and fintechs: The emerging plot
Business Standard

SROs and fintechs: The emerging plot

The Reserve Bank of India (RBI) recently recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation for fintech (SRO-FT) and is in the process of examining two other applicants.

time-read
2 mins  |
November 04, 2024
Amber lights flashing
Business Standard

Amber lights flashing

The microfinance business is turning cautious as delinquencies inch up, reports RAGHU MOHAN

time-read
4 mins  |
November 04, 2024
Business Standard

Have a heart condition? Go for specialised cardiac plan

Before purchase, check for waiting periods, co-payment requirements, and sub-limits

time-read
1 min  |
November 04, 2024
Business Standard

Breaking the silence on death and money

Rekha and Rahul, both in their early forties, were batchmates at the Indian Institute of Management (IIM). They married soon after graduating and enjoyed successful careers in Bengaluru.

time-read
2 mins  |
November 04, 2024