Thursday, June 30, 2022
HomeTechnologyGoogle, Microsoft Make Tiktok Rival App In India

Google, Microsoft Make Tiktok Rival App In India

Alphabet Inc. Google and Microsoft Corp. have joined a more than $100 million investment round in VerSe Innovation Pvt, maker of India’s Josh short-video app and Dailyhunt news aggregator, that valued the company at more than $1 billion.

Google, Microsoft Make Tiktok Rival App In India
Google, Microsoft Make Tiktok Rival App In India

The new funding is led by Alfaway and joined by existing investors Sofina Group and Lupa Systems. Goldman Sachs Group Inc and Sequoia Capital India are among the other investors in Verse. The company says it plans to develop artificial intelligence and machine-learning technology to fuel the excitement, broaden its content creator ecosystem, and help it capture an ever wider audience.

Google, Microsoft Make Tiktok Rival App In India

Josh, a TikTok rival that suits its home nation and diversity of local languages, is seen as the “Made in India” of a time when TikTok and dozens of other China-made apps were banned over privacy and national security concerns. Has been given. According to a company statement, the app has quickly garnered an audience of 77 million monthly active users and now plays more than 1.5 billion videos per day.

READ MORE:- Does Netflix Why Cancel The New $100 Million Series?

AWS and Google say they have complained to Microsoft on behalf of multiple customers. French cloud provider OVH, along with other unidentified companies, filed a complaint last year with European regulators about the practice, saying it’s also being hurt by Microsoft’s policies.

“In the last two years alone, 100 million new Internet users have come from rural India,” Google Vice President Caesar Sengupta wrote in a blog post. “But many of these Internet users have trouble reading or finding services they can use confidently, in their own language.” Google is joining in supporting VerSe, whose Dailyhunt is the landing site for more than 300 million users to consume content in a choice of 14 local languages, he said.

Google, Microsoft Make Tiktok Rival App In India
Google, Microsoft Make Tiktok Rival App In India

Microsoft three years ago overhauled the way it licenses some of its most ubiquitous software programs, including Windows and Office, in ways that increase the cost of running those programs on rival cloud-computing systems like Amazon Web Services and Google Cloud Platform. In some cases, the revamped agreements outright forbid using some products on competing cloud services.

- Advertisement -
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments