In India, TikTok downloads fall by 51% in the last two months

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In India, TikTok downloads fall by 51% in the last two months

A large number of people in India have called for a ban on TikTok as they believe it promotes violence, crime and pornography. Between March and May, downloads of the ByteDance-owned app fell from 35.7 million to 17 million. Two of the primary reasons …
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Scandit raises $80M as COVID-19 drives demand for contactless deliveries

Enterprise barcode scanner company Scandit has closed an $80 million Series C round, led by Silicon Valley VC firm G2VP. Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures also participated in the round — which brings its total …
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US Moves to Audit Chinese Firms. Market Frets Over What Comes Next.

For more than a decade, Chinese companies raised billions by listing their shares on American stock exchanges while avoiding the accounting-quality checks that other public firms endure. But economic tension between the two global superpowers, …
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Europe's data-privacy law turns 2. Has it actually made our information safer?

This week marks two years since the General Data Protection Regulation went into effect. In the before times, GDPR was all anybody talked about. It’s a massive set of data-privacy regulations created by the European Union affecting any companies that …
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BREAKINGVIEWS-Sanofi finds M&A cure to CEO foot-in-mouth disease

(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Neil Unmack. LONDON, May 26 (Reuters Breakingviews) – The French drugmaker is selling a $13 bln stake in biotech Regeneron. CEO Paul Hudson, recently …
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