• About
  • Contact
Tuesday, April 13, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home Internet

A Cheerful Moment for 300 Million User-TikTok

Saurav Bhagat by Saurav Bhagat
May 20, 2019
in Internet, New posts
2 min read
0
A Cheerful Moment for 300 Million User-TikTok
Share on FacebookShare on Twitter

TikTok, a short video sharing platform which allows the user to create and share videos with special effect and world most popular application launched in India in August 2017. The company estimated a day worth of $500,000 and gained more than 120 million active users since then. Earlier this month, Madras High Court’s Madurai Bench put a ban on the application, as there was evidence that the application promotes pornography content, soon acting upon the instruction from federal IT minister, Apple andGoogle removed TikTok from their application store. The ban states that 120 million active users will not be affected by the ban but new customers cannot download the application. This leads to a loss of $500,000 per day and over 250 jobs on risk.

The interim order had three major instructions. First, the Madras High Court ordered the government to stop the download of the application, which leads to removing of the app from Google and Apple store. Second, it terminates the media to stop broadcasting videos made from the app. Third, to enact on children’s online privacy.

TIKTOK
Image source-Social Samosa

TikTok is owned by Chinese company ByteDance and claims to have 120 million monthly active users. ByteDance is backed by Japan’s soft bank corp and world most valuable startups having worth 75 billion dollars worldwide. The ban on the application worried the social media industry about the content on their platform. The banning leads to a loss of 1 million new users per day. It is estimated that approximately 6 million requests to download the application could not be entertained due to
ban.

The company appealed to the supreme court of India to remove the ban Within a week or so, the ban was discarded by the supreme court of India on 24th April, in order to keep the content safe and below18+. The case was filed by advocate Muthukumar, the bench leaves its interim order banning the tiktok app, is subject to the condition that pornographic content will not be promoted and uploaded on it, failing which contempt of court proceedings would begin. Sources said the official communication to the companies would be made after it receives the final court directive. “We would like to express our deepest gratitude and thank our over 200 a million users in India for the overwhelming response, support and love they have shown towards TikTok. We are looking forward to continuing our journey with our TikTok family and actively work towards ensuring a safe and positive in-app experience for our users,” Sumedhas Rajgopal, Entertainment Strategy and Partnerships Lead, TikTok (India), said in a statement.

Most importantly, the interim court sets another example by passing censorship orders that have no basis in law and for every one law are one. However, a ban on the application sends signals of regulatory to the technology companies who promote unauthorised content.

Previous Post

Cure.Fit clocks $100 Mn revenue and over $245 Mn in total funding in last 3 years

Next Post

The Chase Between Music apps - Youtube Music Vs Spotify

Saurav Bhagat

Saurav Bhagat

Saurav Bhagat is an experienced digital marketer and SEO Trainer from New Delhi, India. Saurav is inclined towards brands and brand story-telling from the past half a decade. His interest in startups has made him an immense member of the NBB Family from its very early days. Saurav loves Chai and writes his day to day experiences on Quora and Yuvagasm Media too. He believes in the power of storytelling for a Brand and also in general. He often says- "Stories are powerful enough to build and erase empires and generations!"

Related Posts

Byju’s has Raised $1 Billion from B Capital, Baron, and XN: Reports
Internet

Byju’s has Raised $1 Billion from B Capital, Baron, and XN: Reports

April 11, 2021
Twitter Had Discussions to Acquire Clubhouse
Internet

Twitter Had Discussions to Acquire Clubhouse

April 8, 2021
ShareChat Raised $502 Million at a Valuation of $2.1 Billion
Internet

ShareChat Raised $502 Million at a Valuation of $2.1 Billion

April 8, 2021
Gautam Adani Beats Musk, Bezos, Ambani with Maximum Wealth Surge in 2021
FMCG

Gautam Adani Enters in the top 20 richest person list worldwide

April 7, 2021
Cred Youngest Indian Startup to Reach $2 Billion Valuation Mark
Internet

Cred Youngest Indian Startup to Reach $2 Billion Valuation Mark

April 6, 2021
Ludo King Fame Gametion Earns $20 Million Revenue in 2020
Internet

Ludo King Becomes the 3rd Most Grossing Game in India

April 5, 2021
Next Post
The Chase Between Music apps – Youtube Music Vs Spotify

The Chase Between Music apps - Youtube Music Vs Spotify

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

Nazara IPO Gets Thumbs Up from the Analysts

Nazara Technologies’ IPO subscribed 175 times

3 weeks ago
VENKYS INDIA

Ups and Downs Of Indian Brand Venky’s

2 years ago
Apple Suspends iPhone Maker Pegatron For Labour Violations In China

Apple Suspends iPhone Maker Pegatron For Labour Violations In China

5 months ago
Maruti-Suzuki-logo-nextbigbrand-in

Maruti Suzuki cuts 3,000 contract jobs due to decline in auto sales

2 years ago

FOLLOW US

  • 33.5k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Urban Company is All Set to Join Unicorn Club with Latest Funding-raise
  • Nykaa Acquires Jewellery Brand Pipa Bella
  • Byju’s has Raised $1 Billion from B Capital, Baron, and XN: Reports

Instagram

Follow Me!

Latest News

Urban Company is All Set to Join Unicorn Club with Latest Funding-raise

Urban Company is All Set to Join Unicorn Club with Latest Funding-raise

April 12, 2021
Nykaa Acquires Jewellery Brand Pipa Bella

Nykaa Acquires Jewellery Brand Pipa Bella

April 12, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.