TikTok CEO Shou Zi Chew testifying before the House Committee on Energy and Commerce Thursday, facing a grueling line of questions from members of both parties about social media app's relationship with the Chinese Communist Party. Both parties mounting concerns about the security of American users' data on the platform, though New York Congressman Jamaal Bowman telling Yahoo Finance's Rachelle Akuffo those concerns are overblown. The Democrat going on to say that any potential threats posed by TikTok are already happening on other social media platforms.Key Video Moments0:40 Moving too quickly on a TikTok ban1:05 These problems are already present on other social media platforms2:10 Facebook looked the other way on election interference3:33 We have to get our own house in order7:55 GOP wants to scapegoat TikTok instead of winning on issues Read More...
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Leaked Documents Show Amazon Made an Enormous Mistake
The last year has seen a large number of job layoffs in the technology sector. Major companies like Salesforce, ESPN, Microsoft, Google, and Meta Platforms have all announced cuts to staffing — a move that has been largely attributed to the rapid growth of online tech during the covid-19 lockdown. Amazon is one of the biggest companies announcing waves of job cuts — in January, the company let go of more than 2,300 employees in the payments, health care, human resources, robotics, and web services departments.
