WhatsApp delays privacy update over user ‘confusion’ and backlash about Facebook data sharing

A great deal of confusion and backlash from users of WhatsApp over fears that the messaging app could share a wide range of user data with its parent company Facebook forced the messaging app to delay an announced privacy policy update about sharing of user data. “We’ve heard from so many people how much confusion…

Polish mobile developer Huuuge Inc plans to raise up to $150M through IPO

On Monday, U,S. registered mobile games developer Huuuge Inc stated, it expects to raise up to $150 million from issueing new share issue as part of its planned initial public offering (IPO) in Warsaw. The development comes in the wake of consumers surging for online entertainment in the wake of coronavirus-induced COVID-19 lockdown measures. Polish…

Fukang Technology to develop Foxconn’s tablet and laptop plant in Vietnam

On Monday, Vietnam awarded a license to a unit of Taiwan’s Foxconn Technology Co Ltd to build a $270 million plant which will produce tablets and laptops, said the Vietnamese government in a statement. Foxconn’s plant will be developed by Fukang Technology and will be located in the northern province of Bac Giang. It will…

Messaging Platform Signal Crashes Due To Surge In Users After WhatsApp’s Privacy Policy Changes

With a sudden surge in downloads and users, the messaging platform Signal faced technical crisis and said that it was experiencing “technical difficulties” even as the firm attempted to upgrade its servers and network. There has been a surge globally in the downloads of the app in recent days after announcement by the Facebook owned…

New Safeguards For Young Users To Prevent Grooming On Its Platform To Be Taken By TikTok

With the aim of preventing grooming on the platform, the short video sharing app TikTok will impose “groundbreaking” new restrictions on children on the platform and the new rules will be particularly severe for those users who are under the age of 16 years, the Chinese owned company said. Those children users of the platform,…

Italy’s data authority scrutinizes WhatsApp’s updated privacy disclaimer

In a statement Italy’s data protection authority said, Facebook Inc has not clearly communicated its new privacy policy for its messenger app WhatsApp to users. On January 4, 2021, in an update WhatsApp said it reserved the right to share some data, including location and phone numbers, with Facebook and its units including Messenger and…

Trump Administration adds China’s Comac and Xiaomi to trade blacklist

The Trump Administration has added nine Chinese companies, including Chinese plane maker Comac and mobile phone maker Xiaomi,  to a trade blacklist which Washington thinks are owned or controlled by the Chinese military. These companies will be subject to a new U.S. investment ban which will compel American investors to divest their holdings of the…

Public Backlash Against China’s 3rd Largest E-Retailer Pinduoduo Over Exploitative Work Culture

There is intense backlash by the public in China against one of the prominent e-commerce companies of the country over charges that the firm exploits its employees by overworking them. This reflects the broadening of the scrutiny of the top tech companies of the country and could even become even more intense. Two employees of…

EU companies should prepare for the worst over U.S.-China digital decoupling

In a statement European business groups have said, EU business must “prepare for the worst” over digital decoupling between the U.S. and the Chinese economy, which could significantly impact EU businesses in China. In a statement the European Chamber of Commerce in China and MERICS, a Berlin-based think tank said, U.S.-China political, trade and financial…