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    54 CHINESE APPS

    Chinese censors order gay dating apps be pulled from stores: Apple

    Chinese authorities have ordered the removal of two prominent gay dating applications, Blued and Finka, from app stores. Apple confirmed the action, stating compliance with Chinese law.

    Donald Trump says he will extend TikTok deadline for 75 days

    Trump added that he looked forward to working with TikTok and China to close the deal, and that he did not want the app to "go dark." China now faces a 54% tariff on goods imported into the United States. Trump has said he would be willing to reduce tariffs on China to get a deal done with ByteDance.

    TikTok deal put on hold after China indicated it would reject it over tariffs, sources say

    A deal to spin off TikTok's U.S. operations is on hold after China indicated disapproval following Trump's tariff increase. The agreement, which would see ByteDance hold less than 20% of a new U.S.-based entity, has been hindered by required Chinese government approval. Trump extended the divestiture deadline by 75 days, aiming for further negotiations.

    ED arrests 2 Chinese persons in online app loan 'fraud' case

    The Enforcement Directorate arrested two Chinese nationals in Tamil Nadu for allegedly running illegal digital loan apps. The accused allegedly used the WazirX crypto platform to launder funds and threatened borrowers with harassment and blackmail. The ED's investigation revealed that the apps charged exorbitant interest rates and exploited vulnerable individuals during the COVID-19 pandemic.

    China's pharma firm WuXi AppTec shared US client's data with Beijing

    The US government is concerned that certain Chinese biotech companies are contributing technology or research and development for use by China's military, and the proposed legislation would restrict US government funds going to those Chinese companies.

    ETtech Explainer: The govt’s ban on OTT platforms

    The government banned 18 over-the-top apps for housing obscene, vulgar and, in some cases, pornographic content. The move comes after rising concerns regarding the accessibility of explicit material on digital platforms. ETtech explains what this means.

    The Economic Times
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