Silicon valley battered as Washington turns up antitrust heat

Business Jun 4, 2019

Silicon valley battered as Washington turns up antitrust heat

Technology giants are bracing for sweeping investigations into their business practices as top U.S. antitrust officials and lawmakers carved out a battle plan targeting Silicon Valley's best-known names — sending shares tumbling and raising the prospect of a drawn-out fight with the government. The House ...

TikTok fined in U.S. for app illegally gathering children's data

Business Feb 28, 2019

TikTok fined in U.S. for app illegally gathering children's data

The fast-growing, Chinese-owned video-sharing network TikTok agreed to pay a $5.7 million fine to U.S. authorities to settle charges that it illegally collected personal information from children, officials said Wednesday. The Federal Trade Commission said the penalty for the social network, which had been known ...