Tik Tok may lose about $ 6 billion
Tik Tok may lose about $ 6 billion

The popular video sharing app TikTok has made great strides in recent years, but it appears the company is now facing huge challenges.

According to the report, the app may suffer heavy losses in excess of $ 6 billion due to requests from an "anonymous" piracy organization: the app should be immediately removed and banned from Chinese apps.

The famous hacker group "Anonymous" posted a tweet in which all users of the famous Chinese application (TikTok) received a warning asking them to delete them from their phone before anything happened to their data.

Pirate group said: The application is a form of Chinese malware and everyone should be warned. Collects data about CPU type, memory usage, storage space and device IDs for all users.

(Forbes) said that the organization's tweet (which advises people to stop using the app) contains a link to a message explaining in detail how the app behaves like a hack against all victims.

The Chinese government is said to be using Tik Tok to manage a massive spy organization that uses information from the app to manage it.

The anonymous group's tweets attracted about 80,000 people and nearly 45,000 retweets were posted on the Twitter platform.

India started investigating Chinese applications before the "anonymous" group posted it on a tweet. On June 30, the Indian government announced a ban on 59 Chinese claims, including TikTok, and India accused it of threatening the country's national security.

On July 4, Forbes reported that Chinese apps could face massive breakdown and TikTok sales due to Tweets from "anonymous" groups and a ban on using Chinese apps in India.

The Chinese news website Global Times claimed that the developer of the Tik Tok app (ByteDance) invested more than $ 1 billion in developing the Indian market, but he did not know the opposite was happening. Will produce.

Since the Indian market no longer allows the use of popular Chinese apps such as (TikTok), the ban could lead to losses of up to $ 6 billion, which is more than any loss that could occur in other countries. Other blocked apps.

ByteDance did not talk about the huge potential losses that could arise in 2020.

The application states: "We collect information when we register an account and use the platform, and we collect the information you provide to us, as well as technical and behavioral information about your use of the platform from external social media providers."

He added: "If you allow us to access the phone book on the mobile device, we will also collect information in the messages that you send through the platform and the information in the phone book."




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