Privacy watchdogs say that the popular TikTok video app is violating a children’s privacy law and putting kids at risk.Ī coalition of 20 groups, including Campaign for a Commercial-Free Childhood and the Center for Digital Democracy, filed a complaint Thursday with the Federal Trade Commission saying that TikTok is collecting personal information of kids under 13 without their parents’ consent. Giphy is also widely used on Twitter and in messaging apps. The company said about half of Giphy’s traffic comes from Facebook’s apps - Instagram, Facebook, Messenger and WhatsApp. Citing unnamed people familiar with the matter, Axios said the deal is valued around $400 million.įacebook said in a blog post Friday that it plans to integrate Giphy into Instagram but added that Giphy will still work outside of Facebook’s properties. The companies did not disclose financial terms. Facebook buys Giphyįacebook has bought Giphy, a popular tool for creating the animated images known as GIFs that pepper conversations around the internet. “That would be quite damaging to the economy and also to public confidence,” Powell told 60 Minutes. Going back to prevention measures would slow the economy down again. After that, the economy should recover in the second half of the year, even though consumers will likely remain careful in their behavior for a while, Powell said.īut that’s assuming the virus doesn’t resurface for a second wave later on in the year. Expectations for GDP drops are as steep as 40% on an annualized basis. The current, second quarter of the year, which ends on June 30, is going to be ugly in terms of economic data.
And that means people will go back to work.
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