BREAKING NEWS
Ex-Jharkhand CM Hemant Soren moves SC, says HC not pronouncing verdict on his plea against arrest
Elephant ‘Malti’ transferred from Amber to Vantara elephant sanctuary
SC seeks clarification from EC on functioning of EVMs, calls poll panel official at 2 pm
Encounter under way in J&K’s Bandipora
PM waived off loans worth Rs 16 lakh crore of his billionaire friends: Rahul
Campaigning for 1st phase of LS polls in Karnataka ends today
Still capable of responding to needs of all people: Jayaprakash Hegde
DRDO develops country’s lightest bulletproof jacket for protection against highest threat level
LS Polls 2024: Modi does not do politics on religion basis, says Rajnath Singh
Delhi court extends judicial custody of Arvind Kejriwal till May 7
Credit to Stoinis as it didn’t seem like 210 track: KL Rahul
Deepfake video of Ranveer Singh: Cyber police register case against X user
Kharge attacks PM Modi over his remarks about Congress manifesto
Intense heat wave in eastern states spreads to south India
Modi is ‘Vish Guru’, never respected ‘magalsutra’: Jairam Ramesh
TikTok parent company Bytedance could lose up to $6bn after India’s app ban: Report
Team Udayavani, Jul 3, 2020, 1:00 PM IST
Indian Government has banned 59 Chinese apps which includes Byte dance’s Tiktok, Vigo Video and Helo apps due to which Bytedance could lose up to $6bnv.
Sources claim, the company had invested more than $1 billion in the Indian market, and the ban could virtually halt ByteDance’s business and cause a loss as high as $6 billion
It is said that TikTok was downloaded 112 million times in May, with 20 per cent of that total in the Indian market
However, India decided to ban the apps as they received complaints from various sources that these apps were misusing user data and transmitting them to servers outside India.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Reverse migration has begun, says FM Nirmala Sitharaman
Markets sustain winning streak — Sensex jumps over 560 points, Nifty tops 22,300-level
Sensex climbs 640 points, Nifty tops 22,300-level in early trade
Insurance regulator IRDAI abolishes age restriction on health insurance product
Elon Musk says India visit delayed due to Tesla obligations
MUST WATCH
Latest Additions
Chief of Army Staff explains how technology is emerging as a new strategic arena of competition
Election Commission Flags 189 Cases of Major Electoral Offences in Karnataka
Deve Gowda questions Rahul Gandhi’s wealth redistribution proposal
A journey into Van Gogh’s world!
Woman hurls toilet cleaner on man during his pre-wedding ceremony in UP