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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.4 million. Mexico overtook France with the fifth-deadliest outbreak, while India™s coronavirus epidemic became the third...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Gold Rises Back Near $1,800 as U.S. Dollar Softens to Start July's First Full Week

Gold futures headed higher early Monday, supported in part by a weakening U.S. dollar, which was providing a runway for the commodity even as global stocks rallied. The U.S. dollar was off 0.5%, as measured by the ICE U.S. Dollar Index, a gauge of the buck against a half-dozen currencies. A weaker U.S. dollar can make assets priced in the currency more attractive to buyers using other monetary units. Against that backdrop, August gold rose $4.30, or 0.2%, at $1,794.50 an ounce, after the...

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

Democratic Lawmakers Raise Concerns Over TikTok Privacy Regulations
Friday, 29 May 2020 23:46 WIB | GLOBAL |Global

Fourteen Democratic members of the U.S. House of Representatives' Energy and Commerce Committee are requesting that Federal Trade Commission regulators investigate the popular video app TikTok for violations of children's privacy.

The Energy and Commerce Committee conducts oversight on the FTC's privacy unit. The lawsuit filed Thursday follows claims submitted by the Center for Digital Democracy, the Campaign for a Commercial-Free Childhood and others that TikTok failed to remove videos posted by children under the age of 13, which it had previously agreed to do in a 2019 agreement with the FTC.

The FTC fined TikTok $5.7 million in February 2019 over lax enforcement of measures designed to ensure children's privacy.

In addition to removing videos of underage children, the FTC also required the company to comply with all aspects of the Children's Online Privacy Protection Act (COPPA) in the future.

The 2019 case alleged that TikTok neglected to implement blocks against the collection of tweens' personal data and did not permit parents to request that their child's data be deleted ” if the parents were even aware that personal data was being collected in the first place.

After the FTC ruling, TikTok introduced an under-13 section of the app that does not permit the dissemination of personal information. Last month, the Family Pairing feature was announced, which provides parents with a way to implement restrictions on all teenage accounts, not just those under 13.

The Democratic lawmakers say that failure to comply with the FTC's mandate violates COPPA.

"The blatant disregard for the consent decree could encourage other websites to fail to adhere to settlements made with your agency, thereby weakening protections for all Americans," the letter to the FTC said.

The Chinese-owned app has been downloaded 1.9 billion times internationally, including 172 million times in the United States, The New York Times reported. Its popularity has soared since the onset the coronavirus pandemic and worldwide shelter-in-place orders, achieving record first-quarter growth.

The U.S. government has previously expressed doubts regarding the trustworthiness of the app, citing its Chinese origins. Several branches of the U.S. military, for example, have prohibited personnel from creating an account, and at least one senator has proposed legislation to ban use for federal employees.

The lawmakers' letter to the FTC comes after two Republican members of the Energy and Commerce Committee wrote a letter to the CEO of TikTok's parent company, ByteDance.

Representatives Greg Walden and Cathy McMorris Rodgers requested that the company disclose its data-collection practices for Americans and how that data is shared with the Chinese Communist Party or other Chinese state entities.

According to The Hill, TikTok has previously stated it stores American user data in Singapore and denies that it shares information with the Chinese government.

Source: VOA news

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POPULAR NEWS
Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.3 million. Mexico overtook France with the fifth-deadliest outbreak. Spot gold +0.2% to $1,776.01/oz at 8:10am in Singapore. Last week,...

Gold Ticks Up on Concerns Over Increase in Virus Cases

Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins University count, while global cases topped 11.4 million. Mexico overtook France with the fifth-deadliest outbreak, while India™s coronavirus epidemic became the third...

Tokyo Shares Open The Week on Positive Note

Tokyo shares opened higher Monday while investors monitored with caution a continued rebound of global coronavirus infections. The benchmark Nikkei 225 index rose 25.74 points or 0.12 percent to 22,332.22, while the broader Topix index added 2.94 points or 0.19 percent to 1,555.27. Source : AFP

Gold Rises Back Near $1,800 as U.S. Dollar Softens to Start July's First Full Week

Gold futures headed higher early Monday, supported in part by a weakening U.S. dollar, which was providing a runway for the commodity even as global stocks rallied. The U.S. dollar was off 0.5%, as measured by the ICE U.S. Dollar Index, a gauge of the buck against a half-dozen currencies. A weaker U.S. dollar can make assets priced in the currency more attractive to buyers using other monetary units. Against that backdrop, August gold rose $4.30, or 0.2%, at $1,794.50 an ounce, after the...

Dollar in Tight Range Ahead of U.S. Services Sector Data

The dollar held steady against most currencies on Monday as investors awaited data expected to show the U.S. services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany and the eurozone that are also forecast to show a sharp rebound in corporate activity and retail sales, which would ease concerns about the economic outlook. A steady rise of new coronavirus infections in the...

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