UK fined TikTok nearly USD 16 million for misusing children's personal data https://ift.tt/jY0FHJM has been fined almost $16m by the UK Information Commissioner's Office (ICO) for breaching data protection laws, including misusing children's data. The regulator estimated that more than one million users, under age 13, used the platform in contradiction of its own rules last year. The fine covers breaches committed between May 2018 and July 2020.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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