TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters SINGAPORE — Douyin, the Chinese version of the popular short-video sharing app TikTok, hit 600 million daily active users as of August, parent-company ByteDance said Tuesday. Over 22 million creators made
Sheldon Cooper | LightRocket | Getty Images SINGAPORE — China’s internet companies may be more insulated from a fallout between the U.S. and China than telecommunication equipment companies like Huawei, a CLSA tech analyst told CNBC on Monday. That’s because they do not rely on international suppliers for parts and technology to make their products — unlike
Indian Prime Minister Narendra Modi looks on upon his arrival before a meeting at Necessidades Palace in Lisbon on June 24, 2017. Patricia De Melo Moreira | AFP | Getty Images Chinese state media slammed India’s ban of more than 100 Chinese apps, calling it a move to build nationalist sentiment and decouple economically from
Indian Prime Minister Narendra Modi (L) talks to Chinese President Xi Jingping during the BRICS meeting in Goa, India, on October 16, 2016. Prakash Singh | AFP | Getty Images India’s crackdown on Chinese apps could help the country’s homegrown technology firms grow, analysts told CNBC. This also presents an opportunity for U.S. giants which have
India has banned 118 apps with links to China, citing national security risks. It comes against a backdrop of rising geopolitical tensions between the two nations. Major gaming titles from companies including Tencent and NetEase were on the list, as well as apps from other Chinese technology giants like Baidu and Alibaba affiliate, Ant Group.