TikTok could be exposed to billions of dollars in damages after a prominent childrens’ rights campaigner brought a new class action lawsuit claiming the short form video app illegally used kids’ data in the UK and Europe. Reuters reports the lawsuit is being led by Anne Longfield, a campaigner and former Children’s Commissioner for England, who represents an anonymous 12-year-old girl leading...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
Twitter Valued at $20 Billion in New Employee Stock Grant
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