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Instagram co-founders bid farewell to AI-powered news app, Artifact, citing market challenges

In a surprising turn of events, Kevin Systrom and Mike Krieger, the co-founders of Instagram, are shutting down their highly anticipated news app, Artifact, just shy of its one-year anniversary. The announcement, delivered through a Medium post by Systrom, outlined that the app's core news reading features would remain accessible until the end of February, but commenting and posting capabilities were immediately disabled. Renowned for its AI-centric functionalities and a Reddit-like interactive environment, Artifact…

Starboard buys right wing social platform Parler, to shut down app temporarily

FILE PHOTO: Logos of social media app Parler are seen in this Illustration taken, October 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoDigital media conglomerate Starboard said on Friday it has bought Parler for an undisclosed sum and will temporarily shut down the social media app popular with US conservatives to give itself time to roll out a revamped version of the platform. The move comes months after the collapse of a deal that would have seen American rapper Kanye West, who now goes by Ye, buy the platform's…

TikTok represents ‘strategic’ challenge, says top US cyber official

The head of the US National Security Agency's cybersecurity directorate on Monday said TikTok represents a "strategic issue" rather than an immediate "tactical" threat to the United States. Speaking at a policy conference in Northern California, Rob Joyce, director of cybersecurity for the spy agency, reiterated the agency's earlier position that the Chinese-owned social networking app is akin to a "loaded gun" that the Chinese government could use to influence what information Americans see. "Why would you bring the…

Italy’s antitrust probes TikTok over ‘French scar’ dangerous content

As part of this move, the company confirmed it would soon open a second data centre in Ireland, and another in the Hamar region of NorwayItaly's antitrust authority said on Tuesday it had opened an investigation into the Chinese-owned app TikTok as it allegedly breaches its rules by allowing the publication of "dangerous content" inciting suicide, self-harm and poor nutrition. The probe involves TikTok's Irish unit, which is responsible for its European customers relations, as well as the British and Italian divisions,…

TikTok hits 150 million U.S. monthly users, up from 100 million in 2020

TikTok said on Monday the short-video sharing app now has 150 million monthly active users in the United States, up from 100 million it said it had in 2020. The Chinese-owned app confirmed the figure ahead of TikTok CEO Shou Zi Chew's testimony set for Thursday before the House Energy and Commerce Committee. On Friday, six more U.S. senators backed bipartisan legislation to give President Joe Biden new powers to ban TikTok on national security grounds. Last week, TikTok said the Biden administration demanded that its…

US school sues YouTube, TikTok, Snapchat for ‘monetising misery’

A US-based school has filed a lawsuit against YouTube, TikTok and Snapchat, alleging they are purposefully designed to be addictive, having "carefully cultivated" a mental health crisis among students.In the lawsuit, the San Mateo County School Superintendent and School Board also claim that the tech companies engaged in activities such as negligence, racketeering, public nuisance, and unfair competition law violations, reports Fox News."Powerful corporations who wield unmatched, highly concentrated technology in pursuit…

TikTok says US threatens ban if Chinese owners don’t sell stakes

TikTok criticised the measure, saying in a statement that any "US ban on TikTok is a ban on the export of American culture and values to the Billion-plus people who use our service worldwide"The Biden administration has demanded that TikTok's Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters on Wednesday. The move, first reported by the Wall Street Journal, is the most dramatic in a series of recent steps by U.S. officials and legislators who have raised…

TikTok mulls splitting from ByteDance if proposal with US fails

China's TikTok is considering separating from parent ByteDance to help address US concerns about national security risks, Bloomberg News reported on Tuesday, citing people familiar with the matter. A divestiture, which could result in a sale or initial public offering, is considered a last resort and will be pursued only if the company's existing proposal with US national security officials does not get approved, Bloomberg reported. TikTok and ByteDance did not immediately respond to Reuters requests for comment. The…

UK’s National Cyber Security Centre reviewing TikTok risks, minister says

TikTok criticised the measure, saying in a statement that any "US ban on TikTok is a ban on the export of American culture and values to the Billion-plus people who use our service worldwide"Britain's National Cyber Security Centre is reviewing whether Chinese-owned video app TikTok should be banned from government phones, security minister Tom Tugendhat said on Tuesday. TikTok has come under increasing focus over fears that user data could end up in the hands of the Chinese government, undermining Western security…

Czech cyber watchdog warns against using TikTok

The Czech cyber security watchdog warned on Wednesday against using TikTok, joining a growing number of Western agencies alleging the Chinese-owned social media app poses a security risk. The NUKIB agency recommended that TikTok should not be installed on phones whose users access critical and other significant infrastructure. "The Agency is concerned about potential security threat stemming from the use of TikTok primarily due to the amount of user data that is collected by the app as well as the way the data is…