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 ...

Spotify soars to value over $26 billion in stock debut

Business Apr 4, 2018

Spotify soars to value over $26 billion in stock debut

Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming. In one of the largest public offerings ever in the tech sector, Spotify on its first ...