New York: Amazon has asked employees to remove TickTock from their phones. The company said this citing security concerns. The New York Times has confirmed this news. Although the order is only for American employees or will be valid for other countries, the situation is not clear. US Secretary of State Mike Pompeo recently said that the US is “definitely considering” the banning of China’s social media applications, including TicTalk. In such a situation, this step taken by the American company clearly shows that the US can announce several sanctions against China in the coming days.
Tiktok estimated loss of six billion dollars due to ban in India
ByteDance Ltd of China, which owns the social media app TickTalk, is estimated to lose more than six billion dollars due to the ban on three of its apps in India. The company’s two other apps are Vigo Video and Halo. Significantly, on Monday, the Indian government banned 59 of China’s total apps.
This includes popular apps such as TicketLock, Wego Video, Hello, UC Browser, UC News, WeChat and ShareChat. The Indian government closed the app, posing a threat to the country’s sovereignty and integrity and data security. But this decision of the government is seen in connection with the violent conflict between India and China in the Galvan Valley of Ladakh on 15 June. In this conflict, 20 soldiers of the Indian Army were martyred.
China’s Kaishin Global.com has quoted a senior manager of ByteDance as saying that the loss of six billion dollars is likely to be more than the total loss of other Chinese apps banned by India. ByteDance is an emerging technology company in China. Due to data security, it has faced opposition from local governments in many other countries besides India. The report described the ban on India’s 59 Chinese apps as unpredictable. Accordingly, this would give a major blow to the global expansion of Tiktok.
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