BuzzFeed Inc
Lawmakers Ask F.T.C. Chair to Investigate TikTok’s Data Practices
The leaders of the Senate Intelligence Committee asked the Federal Trade Commission on Tuesday to investigate whether TikTok, the Chinese-owned video app, had misled the public about whether Beijing could have access to American user data. In a letter to Lina Khan, the chair of the F.T.C., Senator Mark Warner of Virginia, a Democrat who […]
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TikTok says its American traffic is going through Oracle servers, but it retains backups.
TikTok, the Chinese-owned video app, said on Friday that it was moving all of the data produced by its American users through servers controlled by Oracle, the Silicon Valley company, in a bid to convince the U.S. government that it will not expose the personal information of Americans to the Chinese government. But TikTok added […]
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BuzzFeed Stock Drops Nearly 24 Percent
BuzzFeed’s first week on the stock market went from bad to worse Thursday, when its stock lost nearly a quarter of its value. Its shares dropped 23.6 percent, to close at $5.87, and at that price they are now down 31 percent from where they closed Monday, when it made its debut as a public […]
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