Page 39 - Digital Services Act News Today

EU designates Shein as a Very Large Online Platform (VLOP) under Digital Services Act due to 45M+ user base, imposing stricter regulations.

Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.

Tech giants including Amazon, Meta, and TikTok are also on the European Commission’s list

In its regular package of infringement decisions, the European Commission pursues legal action against EU Member States for failing to comply with their obligations under EU law. These decisions, covering various sectors and EU policy areas, aim to ensure the proper application of EU law for the benefit of citizens and businesses.

The EU has effectively vanquished a TikTok feature that Europe’s digital commissioner described as “toxic” and “addictive as cigarettes.” TikTok owner ByteDance said on Wednesday that TikTok Lite’s reward-to-watch feature would be suspended.

TikTok has announced its decision to voluntarily suspend the reward program on its new app, TikTok Lite, as it aims to address concerns

Earlier this month, Bulgaria’s Competition Protection Commission (CPC) unveiled its strategic priorities for 2024, identifying sectors and activities that warrant increased regulatory scrutiny. These priorities will guide the CPC’s operational functions, which include market monitoring, signal verification, the initiation of administrative proceedings, market investigations, and ongoing enforcement actions.

Chinese technology firm ByteDance has killed a controversial TikTok rewards programme amid threats from senior EU officials.

European users of TikTok Lite will no longer have access to daily rewards due to regulatory concerns. Explore the reasons & compliance

Particularly after the metaverse debacle, it's fair to want a real profit strategy from Mark Zuckerberg.