Reports are emerging that Mukesh Ambani’s Reliance Industries Limited (RIL) is engaged in an early-stage exercise to evaluate the possibility of investing in TikTok’s India operations. The talks started last month itself and the deal is yet to be inked.
It is known to our readers that the Government of India has banned the app for threatening its “sovereignty and integrity” after border tensions with China. India was TikTok’s largest market outside of China with over 200 million users.
The Chinese Owner of TikTok currently employs around 2,000 people in India and their fate hangs in balance as the talks are going on. The US Government is also threatening to ban TikTok by September 15th unless its ownership changes.
Microsoft Corp has been in talks to acquire the US operations of the short-video sharing platform. Social media major, Twitter is also keen on having a deal with TikTok.
Hiring Content Writer: We are looking to hire a ‘Telugu’ content writer. Send your sample articles to [email protected]Don't Miss'కులం' తలుచుకుంటే 'కలెక్షన్స్' వచ్చేస్తాయా?ప్రస్తుతం ధియేటర్లలో సందడి చేస్తోన్న "అఖండ" సినిమాకు కులం ఆపాదించే పనిలో ఓ వర్గం తలమునకలై ఉన్నట్లుగా కనపడుతోంది. 'అఖండ'కు...Don't MissAkhanda U.S. Record: Crying On Kammas Goes To Next LevelNandamuri Balakrishna's Akhanda has taken a flying start at the box office despite the mixed...Don't MissAkhanda Review - Lengthy Mass JatharaBOTTOM LINE Lengthy Mass Jathara OUR RATING 2.5/5 CENSOR 2h 47m, 'U/A' Certified. What Is...Don't Missఅయ్యో... మోహన్ బాబుకే దొరకలేదా..? నిజమేనా..?గత ఎన్నికలకు ముందు తమ బకాయిల విషయంలో టీడీపీ ప్రభుత్వం స్పందించడం లేదని, రోడ్డెక్కి నిరసన తెలిపిన మంచు మోహన్...Don't MissJagan: Age 40, Mindset In 80sYS Jagan Mohan Reddy is voted to power in the 2019 elections with a mind-blowing...