The US Federal Trade Commission has ordered nine tech firms to provide data on how they use personal information. Lumping TikTok in with Amazon, Facebook and Google may help legitimise the Chinese video app.
"As the population turns grey, the tide will turn from capitalizing on demographic dividend to defying the gravity of aging on growth. It means labor productivity will be put to test. But this relationship is not written in stone as the right sectoral specialisation can help capturing new opportunities and mitigating the pressure."
Alicia Garcia Herrero, Chief Economist for Asia Pacific at Natixis
08 The ATF Big Picture
Global intelligence agencies are investigating the extent of a huge cyber attack on companies and governments around the world. An unnamed “nation-state attacker” has been blamed.