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China Sets Ambitious 5% Growth Target for 2024 Amid Property Sector Crisis

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European Commission has initiated a formal proceeding against TikTok under the landmark Digital Services Act (DSA), marking a significant escalation in the bloc's regulatory scrutiny of major online platforms. The investigation will focus on multiple alleged breaches, primarily centered on the protection of minors. Regulators are examining whether TikTok's algorithmic systems, including its "For You" feed and reward mechanisms, create "rabbit hole" effects or addictive behaviors that could harm the physical and mental well-being of young users. A core concern is the platform's age verification measures, which the EU suspects may be insufficient in preventing children from accessing inappropriate content.
 
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