- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-04-26T17:40:00
Social media company TikTok is suspending new features amid an inquiry by the European Commission into its compliance with the Digital Services Act (DSA), all while responding to a U.S. ban bill just signed into law.
On Monday, the European Commission opened an investigation into the launch of TikTok Lite under the DSA in France and Spain and communicated its intention to suspend the feature’s reward program.
Under the DSA, “very large online platforms” must conduct diligent risk assessments before the launch of new functionality, particularly related to potentially addictive effects. TikTok Lite’s reward program allows users to earn points for performing tasks, such as watching videos, liking content, following creators, and inviting friends to join the platform.
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2025-01-22T20:42:00Z By Oscar Gonzalez
President Donald Trump signed an executive order Monday delaying the Department of Justice (DOJ) from enforcing the long-awaited TikTok ban. While the social media platform’s fate is still up in the air, Trump signaled his support for it being sold, with the U.S. as a “partner.”
2024-10-22T14:37:00Z By Aaron Nicodemus
The Department of Justice (DOJ) has proposed a new rule that would regulate the use of Americans’ personal information by foreign companies and foreign persons in six “countries of concern,” prohibiting and restricting the sale of data to thwart the use of data for cyber-enabled activities, espionage, coercion, influence and ...
2024-08-07T15:56:00Z By Adrianne Appel
TikTok is in hot water with the Department of Justice and Federal Trade Commission over widespread failures to comply with a 2019 consent order to enhance compliance with children’s privacy laws.
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
2024-12-30T14:57:00Z By Aaron Nicodemus
A prominent risk management firm has issued its predictions for the top five risks for business in 2025, along with guidance for how organizations should prepare and respond.
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