Bloomberg Daybreak: Asia Edition cover image

TikTok Ban, Asia Real Estate

Bloomberg Daybreak: Asia Edition

00:00

Introduction

The European Union launches an investigation into TikTok's parent company over a new content app that rewards users through a point system, citing concerns about potential addictive effects. TikTok has been given 24 hours to submit a risk assessment or face hefty fines, with plans to potentially suspend the app's reward system pending a full evaluation.

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