TikTok responds to EU ultimatum on risks of new TikTok Lite app
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TikTok has responded to an ultimatum from the European Commission regarding the risks associated with its new app, TikTok Lite. The commission ordered TikTok to provide an assessment of the app's rewards-for-views scheme within 24 hours. The scheme allows users to collect points by watching videos and exchange them for things of value, such as Amazon vouchers. The commission wants to know how TikTok assessed the addictiveness and mental health risks of the scheme, particularly for children. If TikTok fails to provide the requested information, it could face fines of 1% of its global annual revenue, plus periodic fines of 5% of its daily revenue. TikTok has stated that the rewards scheme is not available to minors and has a daily limit on the number of videos that can be watched for a reward. The European Commission will now assess TikTok's response and decide on potential next steps. TikTok Lite recently launched in France and Spain.
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