
TikTok violating online content law, states EU
The EU accused TikTok on Thursday of breaking digital rules after concluding that the Chinese-owned social media platform was not transparent enough about advertisements.
The European Commission "found that TikTok does not provide the necessary information about the content of the advertisements, the users targeted by the ads, and who paid for the advertisements", it said in a statement.
It is the first time Brussels has formally accused TikTok of breaching the Digital Services Act (DSA), the EU's landmark online content law.
"In our preliminary view, TikTok is not complying with the DSA in key areas of its advertisement repository, preventing the full inspection of the risks brought about by its advertising and targeting systems," the EU's digital chief, Henna Virkkunen, said.
TikTok said it was reviewing the commission's findings and remained "committed" to complying with the DSA.
"We disagree with some of the commission's interpretations and note that guidance is being delivered via preliminary findings rather than clear, public guidelines," a TikTok spokesperson said.
Under the DSA, the world's largest digital companies must establish an advertisement library that shows information about the adverts that run on their platforms.
The EU hopes that any ads library is then easily accessible to researchers and civil society to detect scam adverts and hybrid threat campaigns.
The DSA, which entered into effect last year, is part of the European Union's powerful armoury to rein in big tech, and gives the EU the power to hit companies with fines as high as six per cent of their global annual revenues.
TikTok is still under investigation in the same probe launched in February 2024 amid fears it may not be doing enough to address negative impacts on young people. A key worry is the so-called "rabbit hole" effect – which occurs when users are fed related content based on an algorithm, in some cases leading to more dangerous content.
As part of a wide-ranging probe, the EU is looking into the spread of illegal content and the effectiveness of the platform's efforts to combat disinformation. afp
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
an hour ago
- Business Recorder
China, Hong Kong stocks fall as initial Sino-US trade optimism wanes
HONG KONG: Stocks in China and Hong Kong traded lower on Thursday, led by declines in the tech sector, as markets struggled to sustain the positive momentum from the Sino-U.S. trade talks that lacked concrete details. China's blue-chip CSI 300 Index closed about 0.1% lower after wavering through the day, slipping from the three-week high touched on Wednesday. Hong Kong's Hang Seng index lost 1.4% at close to pull back from the nearly three-month high hit in the previous session. Tech shares led losses in onshore and offshore markets. The CSI Semiconductor Index shed 1.5%, while the Hang Seng Tech Index dropped 2.2%. Among major losers, chipmaker SMIC fell 2% to a one-week low. Alibaba weakened 3.2% and EV-maker Xpeng slid 6.7%. The CSI Rare Earth Index closed flat after slipping nearly 1% in the morning session and continued to hover near its seven-month high. A trade truce between the world's two biggest economies was back on track, U.S President Donald Trump said, a day afternegotiators from Washington and Beijing agreed on a framework to ease bilateral retaliatory tariffs. China, HK stocks steady as US-China trade talks offer few surprises Under the agreement, Beijing will lift export curbs on rare earth minerals and the U.S. will restore Chinese students' access to its universities, Trump said on Truth Social. Yet the terms remain subject to final approvals, with details notably absent. The 55% tariffs on Chinese imports willalso stay, U.S. Commerce Secretary Howard Lutnick said. 'We still don't know if what Trump says will actually happen. It's disappointing that the tariffs rates were not dialled down at all and tech curbs on China were not even mentioned,' said Jason Chan, senior investment strategist at Bank of East Asia, Hong Kong. The talks left key issues, like chip exports, unaddressed, leaving room for conflicts in the future, and no one knows for how long the current truce will last, he added. Chinese markets have been struggling to recover from trade shocks for the past two months after Trump announced sweeping tariffs on April 2 that threatened the global trade system. The CSI 300 Index has barely eked out any gains since then, while the Hang Seng Index has climbed 3.5%, but the two are underperforming the nearly 10% bounce in the MSCI World Index. The market is less sensitive to trade talks and investors are shifting focus to economic fundamentals, Wang Zhuo, partner at Zhuozhu Investment, said. 'The key for China now is to bolster manufacturers' confidence and break the deflationary trend.'


Express Tribune
2 hours ago
- Express Tribune
Meta and TikTok take EU to court over ‘unfair' Digital Services Act levy
Listen to article Meta Platforms and TikTok said a European Union supervisory fee levied on them was disproportionate and based on a flawed methodology, as they took their fight with tech regulators to Europe's second-highest court on Wednesday. Under the Digital Services Act that became law in 2022, the two companies and 16 others are subject to a supervisory fee amounting to 0.05% of their annual worldwide net income aimed at covering the European Commission's cost of monitoring their compliance with the law. The size of the annual fee is based on the number of average monthly active users for each company and whether the company posts a profit or loss in the preceding financial year. Meta told judges at the General Court it was not trying to avoid paying its fair share of the fee, but it questioned how the Commission had calculated the levy, saying it had been based on the revenue of the group rather than of the subsidiary. Meta's lawyer Assimakis Komninos told the panel of five judges the company still did not know how the fee was calculated. He said the provisions in the Digital Services Act, or DSA, "go against the letter and the spirit of the law, are totally untransparent with black boxes and have led to completely implausible and absurd results". ByteDance-owned Chinese online social media platform TikTok was equally critical. "What has happened here is anything but fair or proportionate. The fee has used inaccurate figures and discriminatory methods," TikTok lawyer Bill Batchelor told the court. "It inflates TikTok's fees, requires it to pay, not just for itself, but for other platforms and disregards the excessive fee cap," he said. He accused the Commission of double-counting the companies' users, saying this was discriminatory because users switching between their mobile phones and laptops would then be counted twice. He also said regulators had exceeded their legal power by setting the fee cap at the level of group profits. Commission lawyer Lorna Armati rejected both companies' arguments and defended the Commission's use of group profit as a reference value to calculate the supervisory fee. "When a group has consolidated accounts, it is the financial resources of the group as a whole that are available to that provider in order to bear the burden of the fee," she told the court. "The providers had sufficient information to understand why and how the Commission used the numbers that it did and there is no question of any breach of their right to be heard now, unequal treatment," she said. The Court is expected to issue its ruling next year. The cases are T-55/24 Meta Platforms Ireland v Commission and T-58/24 TikTok Technology v Commission.


Business Recorder
2 hours ago
- Business Recorder
Australian shares erase early gains to close lower
Australian shares gave up early advances to close lower on Thursday, as investors booked profits after encouraging cues from U.S.-China trade talks fuelled two sessions of record gains. The S&P/ASX 200 index ended 0.3% lower at 8,565.1 points after rising as much as 0.3% early in the session. The benchmark closed at record highs in the previous two sessions. Markets globally were closely monitoring the U.S.-China trade talks this week, which resulted in a framework agreement that would remove Chinese export restrictions on rare earth minerals and allow Chinese students access to U.S. universities. However, the United States saying it was readying a partial evacuation of its Iraqi embassy due to heightened security risks in the region proved a dampener for risk appetite. Back in Sydney, heavyweight financial stocks ended 0.5% lower, dragged down by the 'Big Four' banks, which fell between 0.2% and 0.8%. Australia's big lenders, often seen as the backbone of the economy, have seen a robust rally recently on expectations of lower near-term rates. Australian shares hit record peak as US-China revive trade truce Banking stocks, which have been beneficiaries from the last two rate cuts and the one expected in July, are naturally likelier candidates for any retracement or profit taking, said Junvum Kim, Asia Pacific senior sales trader at Saxo Markets. Energy stocks ended flat. The sub-index rose as much as 2.3% to hit its highest level since March 4 in early trade, following a jump in oil prices on escalating U.S.-Iran tensions. Gold stocks climbed 2.6%, limiting overall losses, as bullion prices firmed on escalating geopolitical tensions and a weaker dollar, while softer U.S. inflation data boosted expectations of Federal Reserve rate cuts. New Zealand's benchmark S&P/NZX 50 index rose 0.3% to finish the session at 12,649.1.