ByteDance agrees to sell TikTok’s US operations to avoid ban

ByteDance has agreed to sell TikTok’s US operations to avoid a ban in the country. Microsoft would be in charge of protecting US user data.

Earlier, President Trump said that he would ban TikTok outright and rejected talk of allowing a sell-off. He suggested he would use an executive order or emergency economic powers to block the company. Tiktok has more than 100 million users in the US.

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ByteDance to shut short video app Vigo in India

ByteDance to shut short video app Vigo in India

Chinese internet company ByteDance has announced plans to shut down its short video entertainment app ‘Vigo Video’ in India after October 31, 2020.

Vigo Video and Vigo Lite are two apps that allow users to create and share short-form sketches and lip-syncing to Bollywood songs.The company  has also urged its users to move to TikTok

Despite the similarities between the two apps TikTok is among the most popular apps in the world and has over 200 million users in India, meanwhile, Vigo had only about 4 million monthly active users last month

The company said in the letter, that it is “saddened” by the shut down but did not provide an explanation for the decision.

Also, with the shutting down of Vigo, the short video entertainment space will be dominated by TikTok.