TikTok Lite: EU demands answers on money-for-views version

The European Union (EU) has recently demanded answers from TikTok regarding its "Lite" version, specifically on the topic of money-for-views. The EU has given TikTok a 24-hour window to provide all necessary information concerning the potential risks of the Lite version. TikTok, the popular short-form video platform, has been facing increased scrutiny from regulators worldwide over concerns related to data privacy and inappropriate content. In response to these concerns, TikTok introduced a Lite version of its app, which is designed to be a lightweight version that consumes less data and works more efficiently on lower-end devices. However, the EU is now seeking clarity on the Lite version and its potential financial implications. Money-for-views schemes have become increasingly prevalent on social media platforms, where users are enticed with monetary rewards for generating a high number of views on their videos. The EU is concerned that such schemes may exist on TikTok Lite as well, posing risks for users and potentially enabling the spread of misleading or inappropriate content. The EU's demand for information is part of its ongoing efforts to hold tech companies accountable and ensure transparency in their operations. TikTok has been given a tight deadline of 24 hours to address these concerns and provide detailed explanations about the potential risks associated with the Lite version. Regulators around the world have been closely monitoring TikTok due to its massive user base and the potential influence it holds over young audiences. The platform has faced allegations of hosting inappropriate content, with incidents of cyberbullying