FT News Briefing US considers blacklist for TikTok, Netflix pandemic surge wanes, FBI investigates Twitter hack
Jul 17, 2020
The U.S. is contemplating a TikTok blacklist, which could limit access for Americans. Netflix warns investors that its pandemic growth is tapering off. Meanwhile, the FBI investigates a significant Twitter hack, raising concerns in the tech world. Spain continues to grapple with economic fallout from COVID-19, with high unemployment projections and reliance on a potential EU recovery fund. Differing strategies for Europe's economic recovery spark heated debates about aid versus austerity, highlighting deep regional divides.
AI Snips
Chapters
Transcript
Episode notes
US considers TikTok blacklist
- The White House considers blacklisting TikTok's parent company, ByteDance, over data security concerns.
- This could prevent US companies from providing software updates to TikTok.
Netflix growth slows
- Netflix added 10 million subscribers during the lockdown period but expects slower growth.
- They forecast 2.5 million new subscribers, their weakest numbers in years.
Twitter hack investigation
- Hundreds of Twitter accounts were hacked, leading to over $100,000 in Bitcoin stolen.
- The FBI and New York State are investigating the hack, questioning Twitter's security.