Tiktok turned his back on Russia during the war
This time another company turned away from Russia. Popular tech company TikTok has announced that it is currently suspending Live Streaming and uploading new content in Russia.
Russia-Ukraine war is affecting trade and commerce. Since the day Russian President Vladimir Putin has announced a military operation against Ukraine, from that day onwards it has been seen to have a special effect on the business community.The stock market graph went down in one fell swoop. Investors in the stock market saw huge losses. Then, during the war, countries like the United States and Canada decided to boycott Russian vodka altogether. Ukraine has given a thumbs up to US brand Coca-Cola. Ukraine itself has boycotted the soft drinks due to its trade links with Russia. This time another company turned away from Russia. Popular tech company TikTok has stated that it is currently suspending their 'LiveStreaming' and uploading new content in Russia.
A message has been released on behalf of TikTok. According to the message, TikTok is a major security issue for its employees and users of the app, and under Russia's new Fake News Act, the app has no option but to suspend video streaming of video services and new content in Russia. The suspension will remain in effect until the security implications of the law are reviewed. Tiktok, which owns the Chinese company ByteDance, said the move was based on a review of Russia's new law on fake news. Their idea is that the law appears to be aimed at media outlets that do not agree with the Kremlin on Russia's invasion of Ukraine.
Incidentally, many people stranded in Ukraine are using the tick to highlight the current situation in that country. The company has struggled to verify so many videos. Some of the videos show scenes of street fighting, and they have not been verified. As a result, the wrong message about the war situation is reaching everyone. Note that the video written with the hashtag Ukraine War has reached around 500 million views on this platform. Tiktok said last week that it would focus more on misleading content about the war.