While U.S. authorities are still trying to find a suitable solution for The Chinese application TikTok since the u.S. companies' takeover of U.S. territory enforcement activity, as well as repeated failures by U.S. authorities to block the application due to judicial interference, things seem to be moving in another direction.
The media has indicated in recent days that both Microsoft and Google have provided funding for one of india's most famous applications competing for TikTok, which offers content similar to that offered by the Chinese app, as Microsoft was among the potential buyers of tikTok activities in the United States, but things are still faltering so far, which prevented Microsoft from acquiring the application activities.
The news indicates that The Indian company VerSe Innovation, the developer of the famous video application Josh in India and similar to tikTok application and its competitor has submitted a request for funding worth $100 million, and has entered both Google and Microsoft on the investment line in this Indian startup, which is a strong advantage coming between the Indian and Chinese applications, and to remind the indian market is the largest in the world after the Chinese market, and tikTok is a banned application in India besides Many famous Chinese applications deprive them of hundreds of millions of users.
Josh is india's most popular app in its class, with 1.5 billion videos posted daily on the platform, and nearly 77 million active users per month.
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