TikTok is facing two fresh probes in Europe over its handling of children’s data and the transfer of data to China, Reuters said. The investigation is being led by Ireland’s Data Protection Commission, which has the power to levy a possible fine as large as 4% of a company’s global revenue. TikTok, which is owned by the Chinese company ByteDance, announced tougher child privacy measures in...
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The Weekend startups culture
Knocked Down, Dragged Out, and Laid Off
Hi, welcome to your Weekend! It was a tough week (and month and quarter) for people in tech. And that goes double for folks who work in crypto, which has seen a calamitous drop from its pandemic-era heights.Many might feel a hint of schadenfreude about the humbling of crypto. Certainly, its leaders seem worthy of comeuppance, after pumping the space with enough hot air and hype to power a...
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