Tag: India

After India, Australia may ban TikTok
19Jul By Mike TrudellNo Comments
World

After India, Australia may ban TikTok

Following India’s ban on 59 Chinese apps, including highly popular TikTok application, many parliamentarians in Australia are proposing a ban on TikTok, citing concerns that the Chinese government might be using this app to collect data from users.Recently, Senator Jim Molan of the Liberal Party stated that the Chinese government was misusing TikTok. Another MP has revealed plans to put TikTok before the Foreign Interference through Social Media senate inquiry over fears that the app developers are sharing user data with the Chinese government.He also says this is an effort by the Chinese Communist Party to collect data of users in other countries. “It might be dressed differently but it's the same beast.”TikTok is owned by Chinese tech company Bytedance and has repeatedly been criticized ...
Read More
India’s ban could hit TikTok’s parent company with the loss of $6 Billion
13Jul mmBy Brian ThompsonNo Comments
Asia

India’s ban could hit TikTok’s parent company with the loss of $6 Billion

After its unabated intrusion in India’s territory which ultimately led to the death of 20 Indian soldiers in a bloody clash between Indian and Chinese troops in Galwan valley on June 15, China is now finding out the cost of clashing with one of its major trading partners.This time it’s not the U.S., but India that’s creating headaches for some of China’s leading tech names. The brutal clash and a concurrent war of words, has led to calls among Indian consumers to boycott Chinese products.The Indian government earlier in July banned 59 Chinese apps, including the hugely popular TikTok video sharing app that boasts more than 120 million local users.Now, an insider at TikTok parent ByteDance has said that the ban could come with a heavy price tag, costing the company more than $6 billion in l...
Read More
Europe should give up overdependence on China, consider India as alternative: Experts
5Jun By Mike TrudellNo Comments
Singapore

Europe should give up overdependence on China, consider India as alternative: Experts

Members of the European Parliament (MEPs) and experts on Thursday said that the European Union that has been hit hard economically due to Wuhan-originated coronavirus and that India being a diplomatic nation provides a conducive atmosphere for the European investors.  “The countries were relying too much on China and they needed to look for other markets,” Thierry Mariani, a Member of the European Parliament and Former Minister of State for Transport of France said at a webinar.The event was organized by the Economic Development Foundation, Istanbul (IKV), a non-governmental research organization specialized on the EU and Turkey-EU relations.Mariani further said: "For me, this new Silk Road is just one opportunity but it cannot be said that it is the only opportunity. If we want to have pe...
Read More