Breakingviews - TikTok’s trust-me tour will need at least 50 stops

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

From Breakingviews - TikTok’s trust-me tour will need at least 50 stops

. But late last year, Chinese parent company ByteDance found that some employees had improperly accessed it to snoop on journalists. That’s likely to take up considerable airtime when Chew faces the House Committee on Energy and Commerce.

But the short-video app also faces the prospect of death by 50 cuts, as individual states weigh their own approaches. Nearly half of the U.S. states have banned the app on government-owned devices. Chew may also need to trot around to local leaders, from Republicans like Texas Governor Greg Abbott to Democrats like California state Senator

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breakingviews - Breakingviews: Adani’s financing safety-net rests on Indian banksGautam Adani’s financing options are narrowing fast. Investors wiped $48 billion off the Indian tycoon’s listed companies in just two days last week; his flagship Adani Enterprises lost 19% of its value on Friday alone. While the nationally important ports-to-power-to-roads group should be able to manage its interest bill, the selloff blows apart Adani’s plans to tap global capital markets. That leaves it dependent on a safety net provided by Indian banks. Adani green borrowed $1.35 billion from these International banks Banks urged deleveraging 'Gautam Adani weighs $5 billion fundraise as banks urge deleveraging'
Source: Reuters - 🏆 2. / 97 Read more »

Breakingviews - America's hazy chip deal fogs market signalsAt first glance, Washington's agreement on Friday with the Netherlands and Japan to suppress some chip-related exports to China looks like a diplomatic win. But the lack of detail suggests the United States still has a way to go to convince allies to sacrifice export revenue in the name of hobbling China's semiconductor industry.
Source: Reuters - 🏆 2. / 97 Read more »

Breakingviews - Adani’s financing safety-net rests on Indian banksGautam Adani’s financing options are narrowing fast. Investors wiped $48 billion off the Indian tycoon’s listed companies in just two days last week; his flagship Adani Enterprises lost 19% of its value on Friday alone. While the nationally important ports-to-power-to-roads group should be able to manage its interest bill, the selloff blows apart Adani’s plans to tap global capital markets. That leaves it dependent on a safety net provided by Indian banks.
Source: Reuters - 🏆 2. / 97 Read more »

Breakingviews - L&G succession planning misses the markChief executives always like to see their company’s share price dip when they announce their departure. As such, the 3% drop in Legal & General’s share price is a compliment to Nigel Wilson’s stewardship over a decade in which investors in the $19 billion UK insurer enjoyed a comfortable ride. But it might also express mild discontent with the board’s succession planning.
Source: Breakingviews - 🏆 470. / 51 Read more »