Stock

EU probes TikTok for possible election meddling

1 Mins read

The European Commission has initiated a formal investigation into TikTok to determine if the social media company failed to mitigate risks that could affect democratic processes, such as the recent Romanian presidential election.

The inquiry, announced on Tuesday, will scrutinize TikTok’s handling of political advertising, paid content, and the potential for manipulation of its recommendation algorithms.

This action follows an earlier directive from the Commission for TikTok to halt the processing of data related to the Romanian election, in accordance with the Digital Services Act. This legislation governs the operations of major social media platforms within the European Union.

The commencement of formal proceedings grants the Commission authority to enforce further measures and to consider any commitments TikTok might propose in response.

Ursula von der Leyen, President of the European Commission, emphasized the importance of safeguarding EU democracies against external threats. “Following serious indications that foreign actors interfered in the Romanian presidential elections by using TikTok, we are now thoroughly investigating whether TikTok has violated the Digital Services Act by failing to tackle such risks,” she stated.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

Related posts
Stock

Moody’s raises Sri Lanka’s rating after debt overhaul approval

1 Mins read
(Reuters) – Credit ratings agency Moody’s (NYSE:MCO) on Monday raised Sri Lanka’s long-term foreign currency issuer rating to ‘Caa1’ from ‘Ca’ with…
Stock

Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal

1 Mins read
(Reuters) -Xerox Holdings said on Monday it would buy Lexmark International, the maker of printers and printing software, in a$1.5 billion deal….
Stock

S&P 500 to finish 2025 at 7,000, Capital Economics forecasts

1 Mins read
Investing.com — Analysts at Capital Economics said in a research note Monday that they are maintaining their 2025 year-end forecast of 7,000 despite…

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.