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May 13th, 2023 | TikTok Exposed: Secret Backdoor Access

Hacker News Recap

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The Impact of Fines on Corporate Governance

A lawsuit alleges that TikTok owner ByteDance allowed Chinese Communist Party CCP members a backdoor channel to access US user data. In the comments, there was a debate regarding the accountability of CEOs, board members, and corporations in cases of unethical decisions. Some commenters argued that prison time for CEOs and board members would be a deterrent; others suggested continuous fines imposed on corporations could resolve the issue.

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