TikTok’s $6 billion loss
Technology

TikTok’s $6 billion loss

According to Chinese state-controlled media reports, TikTok owner ByteDance has invested more than $1 billion to build its vast Indian user base, and now faces losses of as much as $6 billion, as hundreds of millions of users are cut off. Initially, it seemed that the restrictions would simply halt new installs. India recently announced a ban on TikTok and 58 other Chinese apps including WeChat.

india china tiktok bytedance

Sat Jul 04 - Forbes

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The US plans a crackdown on the Chinese technology companies
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The US plans a crackdown on the Chinese technology companies

The US Secretary of State, Mike Pompeo said in a statement that Chinese apps like TikTok and WeChat pose "significant threats to the personal data of American citizens". Wednesday's announcement marks a further deterioration in relations between Washington and Beijing. President Donald Trump hinted at a potential ban on apps like TikTok in order to safeguard the security of American users

technology china us

Thu Aug 06 - BBC
Apple’s iPhone 11 now being assembled in Chennai
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Apple’s iPhone 11 now being assembled in Chennai

According to the latest reports, Apple’s new iPhone 11 is now “Made in India” at its contract manufacturer Foxconn’s plant near Chennai. There were a lot of speculations in recent days about the production of iPhone as the US cutting economic ties with China, but it seems like India grabbed the opportunity with both hands to facilitate Apple in production

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Tue Jul 28 - ThePrint
Technology
India bans 47 more Chinese apps
Mon Jul 27
India bans 47 more Chinese apps
Technology
India bans 47 more Chinese apps

The Government of India banned 47 more Chinese apps in the country. In June, the Government banned 59 Chinese apps that included the hugely popular TikTok. Now, 47 more apps have been banned, for operating as clones of the previously banned apps, the list of particular apps banned in the fresh decision is yet to be announced

india china apps ban

Mon Jul 27 - NDTV
Apple starts iPhone 11 manufacturing in India
Technology
Apple starts iPhone 11 manufacturing in India

According to a report posted on Techcrunch, Apple manufacturer Foxconn has started building iPhone 11 units in a facility near Chennai in India, TechCrunch reported, the first time Apple has made one of its top-tier phones in that country. Apple has manufactured lower-priced iPhone models in India since 2017, and reportedly has been considering moving production of its more premium models there for some time

apple india chennai foxconn iphone11

Sun Jul 26 - TheVerge