Connect with us

Hi, what are you looking for?

Daily Market SolutionDaily Market Solution

Investing

EU opens investigation into TikTok over election interference

BRUSSELS (Reuters) – The European Commission opened formal proceedings on Tuesday against social media firm TikTok over its suspected failure to assess and limit risks linked to elections, notably the Romanian presidential vote last month.

The Commission said it will look into TikTok’s political advertisements and paid-for content as well as TikTok’s recommender systems and the risks of it being manipulated.

Earlier this month, the Commission ordered TikTok to freeze data linked to the Romanian elections under the bloc’s sweeping Digital Services Act, which regulates how the world’s biggest social media companies operate in Europe.

The opening of formal proceedings empowers the Commission to take further enforcement steps and to accept commitments made by TikTok.

Commission President Ursula von der Leyen said the European Union needed to protect its democracies from foreign interference.

“Following serious indications that foreign actors interfered in the Romanian presidential elections by using TikTok, we are now thoroughly investigating whether TikTok has violated the Digital Services Act by failing to tackle such risks,” she said in a statement.

This is the third investigation the Commission has launched against TikTok.

This post appeared first on investing.com







    You May Also Like

    Editor's Pick

    Extremist supporters of former president Donald Trump are lashing out online against Usha Vance, the wife of Trump’s running mate, Sen. J.D. Vance (R-Ohio),...

    Investing

    Overview Energy Fuels (TSX:EFR,NYSE:UUUU) has been the largest producer of uranium in the United States and an emerging producer of rare earth elements (REEs)....

    Investing

    Investor Insight Silver prices breached $30/oz in the second half of May 2024 as investor demand drove prices to their highest in more than...

    Investing

    Overview Flynn Gold Limited (ASX: FG1) is an Australian mineral exploration company with a portfolio of projects in Tasmania and Western Australia. Tasmania is...

    Disclaimer: Dailymarketsolution.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 dailymarketsolution.com