Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
Venezuela’s Supreme Court has fined TikTok $10 million for failing to prevent viral challenges that have harmed minors, while also ordering the platform to establish a local office to oversee user safety.
Venezuela’s Supreme Court has imposed a significant fine on TikTok for its failure to prevent the spread of harmful viral challenges that have caused serious harm to minors. The court's ruling also introduces measures aimed at enhancing the platform's accountability in the country.
The Supreme Court of Justice announced that TikTok is being fined $10 million for not taking adequate steps to stop the spread of dangerous content. These viral challenges, which have reportedly led to severe consequences for minors, sparked a legal response from the Venezuelan government.
Tania D'Amelio, President of the Constitutional Chamber of the Supreme Court, explained the court's decision, calling attention to TikTok’s negligence in safeguarding users, particularly minors.
She stated: “Firstly, TikTok is fined ten million US dollars, payable to the National Telecommunications Commission (CONATEL) within eight days of the decision’s publication on the Supreme Court's website. This fine is for failing to implement necessary measures to stop the spread of viral challenges. Secondly, TikTok is ordered to establish a physical presence in Venezuela, in accordance with national legal standards, to oversee the implementation of technology tools aimed at protecting users' physical, psychological, and emotional safety.”
The decision follows growing concerns over TikTok’s role in spreading dangerous content. In November, President Nicolás Maduro directly accused the platform of being responsible for viral challenges that led to the tragic deaths of two teenagers. Maduro also proposed stricter regulations similar to Australia’s social media laws for minors to prevent future tragedies.
The fine, along with the court's directive for TikTok to open a local office, represents a broader push by Venezuela’s government to regulate digital platforms operating within its borders, ensuring they comply with national laws and prioritize user safety.
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