Share to Twitter Share to Linkedin Topline Amid growing global concern over the social media platform, TikTok CEO Shou Zi Chew will testify before the House Energy and Commerce Committee Thursday, where U.S. lawmakers are expected to question Chew over safety concerns for minors and preventing U.S. user data from foreign access. Key Facts In Chew’s first appearance before Congress, he’s expected to discuss the company’s privacy and data security practices, as well as the company’s relationship with the Chinese government, which has come under increased scrutiny in recent months. Prepared Remarks Chair Rodgers, Ranking Member Pallone, and Members of the Committee: Thank you for the opportunity to appear before you today to talk about TikTok and our mission to inspire creativity and bring joy to more than 1 billion people worldwide. I look forward to discussing what makes TikTok so special to the diverse audiences it serves, as well as our … [Read more...] about TikTok CEO Shou Zi Chew’s Prepared Comments Before Congress
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Is Biomass A Friend Or Foe Of The Environment?
Share to Twitter Share to Linkedin When it comes to issues around sustainability and energy, there are few subjects less controversial than biomass. Often hailed as a lower carbon option for heating or generating electricity, biomass involves the burning of wood pellets, chips or logs. Its proponents argue that biomass has a key role to play in the road to net zero, using wood that is unsuitable for other products and would otherwise go to waste. But critics have pointed out that biomass still involves burning natural materials, which can pollute the atmosphere. The campaigning group Cut Carbon Not Forest recently published a new survey, which shows 73% of respondents are concerned that burning trees in power stations could be making air pollution worse and harming people's health. The survey also found almost two thirds of those surveyed (64%) agree that it is misleading to call biomass green. And only 3.4% believed burning wood from other … [Read more...] about Is Biomass A Friend Or Foe Of The Environment?
SEC Charges Lindsay Lohan, Jake Paul, Soulja Boy, Akon In Crypto Promotion Scheme
Share to Twitter Share to Linkedin Topline The Securities and Exchange Commission announced charges Wednesday against actor Lindsay Lohan, boxer Jake Paul and a group of rappers and R&B stars, including Soulja Boy, Akon and Lil Yachty, for allegedly promoting cryptocurrencies without disclosing the fact that they were being paid to do so. Key Facts As part of an ongoing crackdown on entertainers endorsing crypto without disclosing it to their fans, the SEC charged eight celebrities, including DeAndre Cortez Way, better known as the rapper Soulja Boy, as well as porn star Kendra Lust (whose real name is Michele Mason), Akon (Aliaune Thiam), Shaffer Smith (Ne-Yo) and Miles Parks McCollum (Lil Yachty), for violating the federal Securities Act by illegally touting cryptocurrencies Tronix (TRX) and BitTorrent (BTT) without disclosing the fact that they were being compensated for it. The celebrities promoted the cryptocurrencies to their thousands … [Read more...] about SEC Charges Lindsay Lohan, Jake Paul, Soulja Boy, Akon In Crypto Promotion Scheme