Connect with us

Hi, what are you looking for?

FinancialSourceReport.comFinancialSourceReport.com

Tech News

TikTok’s CEO can’t catch a break from xenophobia in Congress

The Senate Judiciary Committee hearing on online child sexual exploitation
Photo by Celal Gunes/Anadolu via Getty Images

Today’s hearing on child safety was — mostly — an unusually focused affair. The Senate Judiciary Committee called up the CEOs of X, Meta, Snap, TikTok, and Discord and grilled them for four hours on the potential dangers their services posed for children. Many of the lawmakers emphasized emotional impact, playing to an audience filled with families who’d had kids targeted by predators or otherwise harmed online.

But midway through the hearing, it was dragged off course by a predictable tangent: the fact that TikTok is owned by Chinese company ByteDance. And a meeting ostensibly about keeping kids safe dipped into a now-familiar attempt to make TikTok CEO Shou Zi Chew answer questions utterly unrelated to the rest of the day.

Although…

Continue reading…

You May Also Like

Editor's Pick

As a follow-up to a daily I wrote earlier in January called “Super Cycles Do Not Just Fade Away”, yesterday’s January 23rd daily was...

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro model, which suggests caution...

Editor's Pick

Walter Olson Two years ago in Canada Prime Minister Justin Trudeau invoked the country’s Emergencies Act, a successor to what had been known as the...

Editor's Pick

The island nation of Jamaica has beautiful beaches but a problem with poverty. Jamaica needs capital and free markets, not more state control of...