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Marketplace All-in-One

TikTok under EU scrutiny — again

Marketplace All-in-One

Marketplace

Business, News

4.51.4K Ratings

🗓️ 18 April 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: The European Commission has given TikTok 24 hours to provide more information on its new app, which pays users to watch videos, as officials raise concerns about potential harms. Then, we’ll hear more about the European Union’s efforts to sanction Iran following its attack on Israel. And later on the show: Why is the Pacific Island of Palau’s tourism sector struggling to recover from the pandemic?

Transcript

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0:00.0

More trouble for TikTok with a product. It's only just launched.

0:04.7

Live from the BBC World Service. This is the Marketplace Morning Report.

0:08.0

Will Bain in 4 Leanna today. Great as always to have your company first thing in the morning.

0:12.5

Yes, the European Union has given Tik-Tok 24 hours to hand over information about a new

0:17.9

version of the app that pays people to view videos.

0:21.2

The company says it will respond to the request which was

0:23.4

prompted by fears about the technology's effect on children. The BBC's Stephanie

0:27.7

Prentice explains more. In short, EU officials want a risk assessment of this new version of

0:33.6

Tik-Tok. It's called Tik-Top Light. It's a slim-down version of the usual

0:37.9

platform and it pays users for things like watching, liking and commenting on

0:42.4

videos.

0:43.6

That sort of incentive has the obvious potential to keep people on the app

0:47.0

using it longer.

0:48.6

And crucially, one French newspaper, Lamond,

0:51.2

they tested out this feature and said you just can't just search anything

0:55.7

to get those rewards.

0:57.0

They have to watch what's suggested to them, bringing into question what's being

1:01.2

curated and why. On top of this new offering

1:04.4

there's already this open dialogue in many countries about the impact of

1:07.8

Tik-Tok and other apps on children as well as whether tech like this is

1:11.6

addictive.

1:13.0

On Tik-Tok's side, they've said they will respond

...

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