TechCrunch Daily Crunch TikTok fined $379M in EU for failing to keep kids’ data safe
Sep 16, 2023
TikTok fined $379M in EU for data breach, Jason Kilar joins Roblox board, investing in Apple stock vs. buying iPhones, computational protein design and funding challenges for India's Twitter alternative.
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Roblox Expands Beyond Gaming
- Roblox is repositioning from pure gaming toward a broader entertainment platform for older users.
- The company aims to add voice, AI avatar tools, and more mature content to expand engagement and demographics.
Buying Shares Beat Buying iPhones
- Comparing spending on iPhones versus investing in Apple stock shows investing could have yielded much larger returns.
- The episode calculates roughly $147,000 today from consistent Apple-share investing versus about $20,000 spent on phones.
Use Restrictive Defaults For Kids
- Platforms should set children's accounts to restrictive defaults and verify ages before pairing with adults.
- Regulators expect clear transparency, strong age checks, and secure handling of minors' data to meet GDPR.