Share to Twitter Share to Linkedin What brings Democrats and Republicans together these days? The answer is attacking the CEO of a foreign-owned video app in a congressional hearing. Whether those attacks are to make a political point or a substantive difference is another question. TikTok CEO Shou Zi Chew testified before the House Energy and Commerce Committee in a hearing about the app's consumer privacy and data security practices, children's safety, and its relationship with the Chinese Communist Party. TikTok is owned by Beijing-based ByteDance. The approximately five-hour hearing did little to assuage the concerns of lawmakers. If anything, it heightened the concerns that the CCP could access personal data and influence over the content of American TikTok users. There has been no proof thus far to substantiate these concerns, but that isn't stopping Congress. "TikTok is a weapon by the Chinese Communist Party to spy on you, manipulate what … [Read more...] about It’s Up To Congress To Ban TikTok. It Won’t Be Easy.
Us lawmakers launch bipartisan push to rein in big tech
What Makes TikTok A Security Threat To The US?
(CTN NEWS) – U.S. legislators have questioned TikTok CEO Shou Zi Chew about data security and objectionable content, and some have called for a statewide ban on the well-known short-video app. Chew, a Singaporean citizen, claimed to the congressmen that TikTok prioritizes user safety in an effort to prevent the app from being blocked in the United States by downplaying its connections to China. Representatives from both the Republican and Democratic parties vigorously grilled Chew on issues such as TikTok’s content moderation methods, data security policies, and history of snooping on journalists. Here are some of the issues people have with TikTok and its ownership. WHAT MAKES WASHINGTON BELIEVE THAT TIKTOK IS A THREAT? TikTok, a Chinese technology company ByteDance Ltd. entirely owns the app and hires its leaders , with more than 150 million American users. ByteDance is a privately owned Chinese company with its headquarters in Beijing but its … [Read more...] about What Makes TikTok A Security Threat To The US?
Patagonia uses capitalism to save the planet with the Holdfast Collective
Holdfast Collective is No. 4 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2023 . Explore the full list of companies that are reshaping industries and culture. In September 2022, Patagonia, renowned for being at the forefront of environmental advocacy, sustainable production, and progressive business practices, had a new declaration: Earth would be its only shareholder. What that actually meant was that founder Yvon Chouinard and his family had given up ownership, transferring the company’s voting stock to the Patagonia Purpose Trust and the other 98% of its ownership to the Holdfast Collective , a new 501(c)(4) organization. Holdfast’s mission is to preserve wildlands and pursue other nature-based climate solutions, fund grassroots environmental organizations, and support politicians working to fight the climate crisis. Although other companies have used this organizational structure for philanthropic ventures, Patagonia is taking a different … [Read more...] about Patagonia uses capitalism to save the planet with the Holdfast Collective