• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on March 3, 2025

    Featured image for article about Headlines

    By Mrinmay Dey and Angela Christy M

    (Reuters) -Britain's privacy watchdog, the Information Commissioner's Office, on Monday launched an investigation into how TikTok, Reddit and online image sharing website Imgur safeguard children's privacy.

    Social media companies use complex algorithms to prioritise content and keep users engaged. However, the fact that they amplify similar content can lead to children being influenced by increasing amounts of harmful material.

    The watchdog said it is probing how Chinese company ByteDance's short-form video-sharing platform TikTok uses 13–17-year-olds' personal information to suggest content in their feed.

    TikTok's recommender systems operate under comprehensive measures that protect privacy and safety of teens, including restrictions on content allowed in their feeds, a TikTok spokesperson told Reuters in an emailed statement.

    Social media and discussion platform Reddit, and Imgur, face UK investigation over their handling of children's personal data and age verification practices, the data watchdog said.

    "If we find there is sufficient evidence that any of these companies have broken the law, we will put this to them and obtain their representations before reaching a final conclusion," the Information Commissioner's Office said in a statement.

    In 2023, the ICO fined TikTok 12.7 million pounds ($16 million) for breaching data protection law by using the personal data of children aged under 13 without parental consent.

    Reddit has been working closely with the ICO and intends to comply with all relevant regulations in the countries in which it operates, a spokesperson from the company told Reuters in an email.

    "Most of our users are adults, but we have plans to roll out changes this year that address updates to UK regulations around age assurance," the Reddit spokesperson said.

    Imgur did not respond to a Reuters request for comment.

    Britain has passed legislation that set tougher rules for social media platforms, including a mandate for them to prevent children from accessing harmful and age-inappropriate content by enforcing age limits and age-checking measures.

    Social media platforms including Facebook, Instagram and TikTok are required to "tame" their algorithms to filter out or downgrade harmful material to help protect children under proposed British measures published last year.

    ($1 = 0.7933 pounds)

    (Reporting by Angela Christy and Mrinmay Dey in Bengaluru; Editing by Lincoln Feast and Gerry Doyle)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe