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Tencent loses $34 billion in two days after India bans PUBG Mobile
The Chinese technology giant Tencent has lost nearly $34 billion of its market after the Indian government banned the company’s popular game PlayerUnknown’s Battlegrounds (PUBG) Mobile.
The Business Insider India reported that this is the second biggest dip in Tencent’s valuation since Bloomberg reported that the company lost $66 billion last month when US President Donald Trump banned WeChat.
“Tencent takes the protection of user privacy and data seriously. Our apps have always remained in compliance with applicable data protection laws in India and all other markets where we operate. We look forward to engaging Indian authorities to clarify our long-established policy and action in protecting user data, and hope to ensure the continued availability of our apps in India ” the company said in an emailed statement to Business Insider India.
India has banned 118 Chinese apps in India. In addition to PUBG Mobile, Arena of Valor, Chess Run, and Ludo World have also been blocked in the country.
According to the reports, PUBG had over 50 million active users in India.
The latest move comes after the ministry of electronics and information technology of India banned 59 chines apps including TikTok in late June following the rise of border tensions between the two countries.
Fasihuddin Fetrat, Chief of Staff of the Afghan Armed Forces, traveled to Qatar on Sunday to attend the Doha International Maritime Defense Exhibition and Conference (DIMDEX 2026).
The Ministry of National Defense confirmed the visit through its spokesperson, Enayatullah Khwarazmi, via his X (formerly Twitter) account.
The Doha International Maritime Defense Exhibition and Conference (DIMDEX) will take place January 19-22.
This year’s edition of DIMDEX is set to be its largest since the event’s launch in 2008, officials said.
The Ministry of Labor and Social Affairs has announced plans to transfer children from private orphanages to government-run facilities.
The initiative aims to ensure better services and provide a healthy education for children, the ministry said in a statement on Sunday.
The ministry also highlighted that the Islamic Emirate has established separate orphanages for boys and girls across all provinces, currently serving more than 10,000 children.
The Ministry of Higher Education announced on Sunday that, by the directive of the Supreme Leader, Afghanistan’s top university graduates will be recruited into government institutions.
According to the ministry, approximately 1,555 top graduates from across Afghanistan have been selected and will be recruited based on their field of study.
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