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Britain Set to Adopt New Online Privacy Protections for Children

By Chris Noble
· · Source: The New York Times

Britain is set to adopt a new set of online privacy protections for children that are more strict than those currently in place in the U.S. and many other countries, the New York Times reported. The new rules, once adopted, will require online services such as Instagram and YouTube to turn on the most restrictive privacy settings by default for minors, and shut off by default functions such as...

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TikTok Valued at Around $60 Billion, As Deal Structure Emerges
By Kate Clark, Kevin McLaughlin and Jessica E. Lessin · Sept. 20, 2020 2:39 PM PDT

Walmart and Oracle are valuing the soon-to-be formed TikTok Global at between $50 billion and $60 billion, according to two people familiar with the deal, as key aspects of one of the most convoluted global tech deals in history take shape. 

Another key point: Zhang Yiming, the CEO of ByteDance, parent company of the China-based viral video app TikTok, could become the new entity's ...

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