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Tag: tightens

TikTok tightens privacy features for younger users

TikTok tightens privacy features for younger users

Technology
A month after federal regulators ordered it to disclose how its practices affect children and teenagers, TikTok is tightening its privacy practices for the under-18 crowdBy BARBARA ORTUTAY AP Technology WriterJanuary 13, 2021, 10:00 AM• 2 min readA month after federal regulators ordered it to disclose how its practices affect children and teenagers, TikTok is tightening its privacy practices for the under-18 crowd.Starting on Wednesday, default privacy setting for accounts with users aged 13 to 15 will be private. That means only someone the user approves as a follower can view their videos, which was not the case previously. But teens can still change this setting to public if they want.Older teenagers won't see this default setting change. For users aged 16 or 17, the default se
Coronavirus: YouTube tightens rules after David Icke 5G interview

Coronavirus: YouTube tightens rules after David Icke 5G interview

Technology
YouTube has banned all conspiracy theory videos falsely linking coronavirus symptoms to 5G networks.The Google-owned service will now delete videos violating the policy. It had previously limited itself to reducing the frequency it recommended them in its Up Next section.The move follows a live-streamed interview with conspiracy theorist David Icke on Monday, in which he had linked the technology to the pandemic.YouTube said the video would be wiped.During the interview, Mr Icke falsely claimed there "is a link between 5G and this health crisis". And when asked for his reaction to reports of 5G masts being set on fire in England and Northern Ireland, he responded: "If 5G continues and reaches where they want to take it, human lif...
Coronavirus: Germany tightens curbs and bans meetings of more than two

Coronavirus: Germany tightens curbs and bans meetings of more than two

World
Germany has expanded curbs on social interactions to try to contain the coronavirus outbreak, banning public gatherings of more than two people.In a televised address, Chancellor Angela Merkel said "our own behaviour" was the "most effective way" of slowing the rate of infection.The measures included closing hair, beauty and massage studios. Other non-essential shops had already been shut.Shortly afterwards, Mrs Merkel's office said she would quarantine herself.A doctor who vaccinated her on Friday against pneumococcus, a pneumonia-causing bacteria, had tested positive for coronavirus. The chancellor, 65, will be tested regularly in the next few days and work from home, her spokesman said.Germany, Europe's largest economy, has so...
State Bank of India tightens lending terms for auto dealers

State Bank of India tightens lending terms for auto dealers

Finance
MUMBAI: State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn. The shadow banking crisis that began to unfold in India during mid-2018 has deepened this year. The liquidity crunch in non-bank financing, higher insurance costs and rises in taxation have served to increase the pressure on the car sector, with monthly auto sales falling by 17-20% since April. Monthly passenger vehicle sales in June fell by the biggest margin in 18 years. In one internal memo for financing dealers selling vehicles made by Hyundai Motor Co's India unit, SBIsaid it is revising the lending terms because of "growing stress" in the carma...
IBBI tightens norms for insolvency resolution professionals

IBBI tightens norms for insolvency resolution professionals

Finance
NEW DELHI: In a significant move, the Insolvency and Bankruptcy Board of India (IBBI) has tightened norms governing resolution professionals wherein restrictions will also be in place for their relatives from taking up employment after completion of a resolution process. Insolvency resolution professionals would be barred from having employment when they are in possession of authorisation to take up work under the insolvency law. Besides, an insolvency professional and his or her relatives cannot accept any employment from the successful resolution applicant concerned for one year, as per the amended norms. An insolvency professional should not undertake any assignment unless he or she holds an 'Authorisation for Assignment' issued by the insolvency professional agency concerned. This woul...