tl;dr
TikTok has been given 24 hours to provide a risk evaluation on its new app TikTok Lite, which was unveiled in France and Spain. This comes amid concerns about the app's potential impact on the mental health of children and users, under the European Commission's Digital Services Act (DSA). Thierry Br...
TikTok has been given 24 hours to provide a risk evaluation on its new app TikTok Lite, which was unveiled in France and Spain. This comes amid concerns about the app's potential impact on the mental health of children and users, under the European Commission's Digital Services Act (DSA). Thierry Breton, the European Commissioner for Internal Market, initiated the move two months after opening a probe into TikTok over potential DSA violations. The DSA aims to regulate online intermediaries and platforms used by millions of Europeans daily, with a focus on protecting consumers and preventing illegal and harmful online activities. The Commission has requested information from TikTok, seeking details on the risk evaluation that should have been conducted before deploying TikTok Lite in the EU. It particularly emphasizes concerns about the potential impact of the new 'Task and Reward Lite' program on the protection of minors and users' mental health, citing possible stimulation of addictive behavior. TikTok is expected to provide the risk evaluation for TikTok Lite within 24 hours, along with other requested information by April 26. The EU agency will then analyze the company's response and determine the next steps. Additionally, the European Commission has asked for details on the measures TikTok has implemented to mitigate systemic risks. Furthermore, PDD-owned Chinese e-commerce platform Temu could face stricter EU online content regulations following a surge in its average monthly users in the region. The DSA applies to very large online platforms with over 45 million users in the EU, including companies such as Apple, Alphabet, Meta Platforms, Amazon, Alibaba, Microsoft, ByteDance's TikTok, and X (formerly Twitter).
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Pinduoduo Inc. Stock Analysis Summary Pinduoduo Inc. Stock Analysis Summary
Pinduoduo, Pinduoduo Inc., operates an electronic commerce platform in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.
Sector: TRADE & SERVICES
Industry: SERVICES-BUSINESS SERVICES, NEC
Stock Code: 150821519000
Current Price: $19.95
Dividend Yield: None
P/E Ratio: 5.69
Market Cap: $182.89 billion
Beta: 0.242
Shares Outstanding: 247,639,212,000
EPS: $1.437
Book Value: $1.232
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Alphabet Inc. Class C Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Services: Computer Programming, Data Processing, etc.
Market Cap: $1,928,721,596,000
P/E Ratio: 26.9
Dividend Yield (%): None
Beta (5Y Monthly): 0.24
Volume: 307,393,987
EPS: $163.84
Forward Dividend & Yield: $0.56 (0.135%)
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Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: $1,928,733,786,000
Price/Earnings Ratio: 26.57
Dividend Yield: None
Beta: 5.81
52-Week Price Range: $1,924.34 - $2,402.24
Revenue: $307,393,987,000
Operating Margin: 16.74%
Return on Equity: 0.56
Debt/Equity Ratio: 0.135
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Meta Platforms Inc.,Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, PCs, virtual reality headsets, wearables and home devices around the world. The company is headquartered in Menlo Park, California.
Industry: TECHNOLOGY, SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 127.41B
Current Price: $33.56
Dividend Yield: 0%
52-Week Low: $14.89
52-Week High: $52.41
Price/Earnings Ratio: 0.29
Shares Outstanding: 1.35B
Volume: 134.90M
Average Volume: 526.71M
Beta: 2.002
Volatility: 0.247
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Amazon.com Inc Summary Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Sector: TRADE & SERVICES
Industry: RETAIL-CATALOG & MAIL-ORDER HOUSES
Market Cap: 1,907,023,151,000
Price/Earnings Ratio: 63.21
Dividend Yield: None
Beta: 2.9
52-Week High: 3,078.78
52-Week Low: 1,626.03
Price/Sales Ratio: 0.0529
Shares Outstanding: 574,784,995,000
EPS: 209.59
PEGRatio: 50.69
Book Value: 0.139
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Alibaba Group Holding Limited, also known as Alibaba Group and Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
TRADE & SERVICES
SERVICES-BUSINESS SERVICES
NEC: 174.86 billion
Market Cap: $174.86 billion
Price-to-Earnings Ratio: 13.2
Dividend Yield: 6.87%
EPS: $5.35
Shares Outstanding: 363.64 million
Beta: 0.108
Market Cap (intraday): $927.49 billion
Stock Price: $106.33
One Year Beta: -0.684
Earnings Per Share (EPS) Growth: 5.1%
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company. It is a leader in producing computer software, consumer electronics, personal computers, and related services. Some of its well-known software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. In terms of hardware, Microsoft is recognized for the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. In the 2020 Fortune 500 rankings, Microsoft secured the 21st position among the largest United States corporations by total revenue. In 2016, it held the title of the world's largest software maker by revenue. Microsoft is considered one of the Big Five companies in the U.S. information technology industry, alongside Google, Apple, Amazon, and Facebook.
Sector: Technology
Industry: Services-Prepackaged Software
Market Cap: 308.05 billion
Current Price: $37.45
Change: 2.86
Change %: 11.07%
52 Week High: $30.61
52 Week Low: $0.363
Shares Outstanding: 2.27583 billion
Public Float: 1.0 billion
Beta: 462.27
Rev. per Employee: $0.332 million
P/E Ratio: 0.176
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