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Vanessa Pappas has become the first TikTok executive to answer questions from lawmakers about the company’s alleged ties to Beijing.
Pappas was facing members of the Senate Homeland Security and Governmental Affairs Committee.
U.S. officials asked whether TikTok shares data with the Chinese Government. But Pappas was unable to confirm whether the company shares data, and if it can cut off its information-sharing.
“ByteDance is founded in China, but we do not have an official headquarters as a global company,” she said.
TikTok is owned by ByteDance, which is based in China.
The popular video-sharing platform has faced a series of probes by U.S. authorities, including by former President Donald Trump who placed an executive order to limit unspecified “transactions” with the Chinese owners of the app.
“I’m concerned that you’re not able to answer the question, except to say that you will not make the commitment to cutting off this data to China,” Senator Rob Portman said during the hearing.
“We also have very strict access controls around the type of data that they can access and where that data is stored, which is here in the United States. And we’ve also said under no circumstances would we give that data to China.”
The executive maintained the Chinese Government “in no way, shape or form—period” has control over TikTok’s corporate policies.
Elon Musk accuses Twitter of fraud in updated counterclaim
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Elon Musk has accused Twitter of fraud, claiming they concealed serious data security flaws.
On Thursday, the billionaire’s legal team publicly released updated court filings.
The filings now adopt allegations made by former Twitter head of security, and recent whistleblower.
The whistleblower claims that Twitter’s security of their user’s information are vulnerable.
In the updated counterclaims, Musk’s team allege that this new information has revealed this misrepresentation was part of a larger conspiracy. The document continues to say this was to deceive the public and its investors about the dysfunction at the heart of Twitter.
According to the amended court filing, Musk says these new updates should allow him to put an end to his $44 billion deal to buy the company.
Prior to this update, Musk argued that the reason for him wishing to pull out if the takeover deal was due to the misrepresented number of spam accounts on Twitter.
Twitter on the other hand argued Musk used bots as a scapegoat to get out of the deal after a market decline.
Yvon Chouinard is the billionaire behind the Patagonia outdoor clothing brand, who will not reinvest any profits in the business moving forward.
Instead, Mr Chouinard will pass the funds onto the fight against climate change.
It’s believed this will be around $100 billion a year.
Patagonia sells hiking and other outdoor clothing in over 10 countries.
“Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source,” he said.
The company was founded 1973 and is estimated to bring in $1.5 billion this year.
However, Mr Chouinard’s wealth is understood to be around $1.2 billion.
“Despite its immensity, the Earth’s resources are not infinite, and it’s clear we’ve exceeded its limits,” he said.
The tech giant plans to release new ad “placements” as soon as the holiday season
Developers got the memo first, encouraging them to buy ads.
Apple wants to focus on its App store as the tech giant’s advertising business is under increasing pressure.
A Bank of America analyst estimated in July that Apple could generate $5 billion dollars of advertising revenue from Apple Search Ads alone in 2022.
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