TNB Tech Minute: EU Chief Plans to Curb Children’s Access to Social Media
Summary
The episode covers an EU proposal to restrict social media access for minors under 13 and limit access for teens, alongside the House Ways and Means Committee’s approval of bipartisan legislation to clarify tax rules for digital assets. It also reports on ByteDance’s financial performance, noting that while AI spending pressured first-half profits, TikTok’s revenue accelerated by over 30% to $12 billion as US regulatory concerns eased.
Topics discussed
Sponsor intro and show welcome
EU proposes Kids Act to regulate youth social media
House approves bipartisan digital asset tax bill
ByteDance revenue growth and profit pressure
Global banks lend to ByteDance for AI research
McKinsey expert on building AI momentum
Redesigning workflows with AI for growth
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