“Given the lack of feedback from the government about how to resolve this issue in the subsequent seven months, it is with deep sadness that we have decided to reduce our workforce in India,” a TikTok statement said Wednesday.
The statement didn’t give details, but media reports say the company has more than 2,000 employees in India. It expressed the hope it will get a chance to relaunch TikTok in India to support hundreds of millions of users, artists, storytellers, educators and performers.
Continue reading your story on the app
Continue reading your story in the magazine
$1,400 STIMULUS CHECKS HELPED MARCH RETAIL SALES SOAR 9.8%
Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again.
BIG-BUSINESS PUSHBACK AGAINST VOTING MEASURES GAINS MOMENTUM
Big business has ratcheted up its objections to proposals that would make it harder to vote, with several hundred companies and executives signing a new statement opposing “any discriminatory legislation.”
THE DISABLED HOPE THEIR OSCAR MOMENT CAN BECOME A MOVEMENT
Right down to its production design, the Oscars have not always felt like the most welcoming place for the disabled.
A $1.2 BILLION LOSS FOR DELTA, BUT RECOVERY IS ON THE RADAR
Delta Air Lines lost $1.2 billion in the first quarter, more than expected, but executives said Thursday that the airline could be profitable by late summer if the budding recovery in air travel continues.
USERS COULD SOON HIDE ‘LIKE' COUNTS ON INSTAGRAM, FACEBOOK
The tiny red hearts that appear under Instagram photos of kids, kittens and sandwiches can be a source of stress for many users, an insidious way of measuring self-worth and popularity.
DRIVERS WANTED: RECORD DEMAND AT UBER AS VACCINATIONS RISE
Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
US RECOMMENDS ‘PAUSE' FOR J&J SHOTS IN BLOW TO VACCINE DRIVE
The U.S. recommended a “pause” in use of the single-dose Johnson & Johnson COVID-19 vaccine to investigate reports of rare but potentially dangerous blood clots, setting off a chain reaction worldwide and dealing a setback to the global vaccination campaign.
COINBASE SOARS IN MARKET DEBUT, VALUED NEAR $86 BILLION
Coinbase made a rousing debut on Wall Street Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.
GOOGLE EARTH ADDS TIME LAPSE VIDEO TO DEPICT CLIMATE CHANGE
The Google Earth app is adding a new video feature that draws upon nearly four decades of satellite imagery to vividly illustrate how climate change has affected glaciers, beaches, forests and other places around the world.
DOGECOIN: THE NEW BITCOIN IS HAPPENING RIGHT NOW
DISCLAIMER The Content of this article is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained constitutes a solicitation, recommendation, endorsement, or offer by HII or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content presented is the information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the article or website constitutes professional and/or financial advice.
Reincarnation And Realpolitik
China, India, and the U.S. are vying to influence the selection of the next Dalai Lama
DEADLY WUHAN COVER-UP!
U.S. health officials untangling how virus escaped secret bio lab
BINANCE'S CHANGPENG ZHAO: “I'm not using crypto to buy fiat, I'm not using crypto to buy houses. I just want to keep crypto ”
Changpeng Zhao, 44, has spent his life trying to overcome borders. As a child growing up in China, he waited for years until his family could win permission to see his father in Canada, then pursued a career (including a few years at Bloomberg LP) that took him around the world.
An Exclusive Interview With Nandakumar Narasimhan
The Little Red Train
CHINA CUTS TAXES TO SPUR SEMICONDUCTOR DEVELOPMENT
China announced tax breaks this week to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting offaccess to American processor chips for tech giant Huawei and some other companies.
A Room for Dad
Before Mom passed, I made a promise to her
CYBER ATTACK TIED TO CHINA BOOSTS DEVELOPMENT BANK'S CHIEF
The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the Inter-American Development Bank.
THE DANGAL IN THE JUNGLE, PART 1
YOU KNOW YOU’RE SOMEBODY WHEN YOU’VE APPEARED ON AN INDIAN DANGAL POSTER — IN OTHER WORDS, IN A WRESTLING ADVERTISEMENT.
WOUNDS AND THE WOMB
JULIE PETERS explores how to heal a relationship with the sacred womb, a place of death, life, and possibilities.
Giant squirrels, giant lessons? Animal chaplain SARAH BOWEN explores what squirrels can show us about mindfulness.