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Published: February 9, 2021 10:35 AM IST
These apps were involved in the alleged collection of personal data and its misuse and the same data was being used to issue threats, blackmail people and use of other coercive methods for recovery of loans, according to the Ministry of Electronics & Information Technology (MeitY). Also Read - Kari and The Lost Shrines game Review: A game you can play once
The IT Ministry said that law enforcement had notified Google about the availability of these malicious apps that were possibly in violation of Google’s policies and regulatory framework. The issue was raised in the Lok Sabha earlier this week. Also Read - Google Play Store gets major design overhaul: New navigation, revamp settings, more
Google Removed 100 Fraudulent Instant Loan Apps in India: Govt
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Google has so far removed about 100 instant loan apps from its PlayStore in the country that were involved in alleged collection of personal data and its misuse, fraudulent and unlawful practices of physical threats and use of other coercive methods for recovery of loans, according to the Ministry of Electronics & Information Technology (MeitY).
Answering a query in the Lok Sabha, the IT Ministry said that upon being notified by law enforcement agencies of the availability of certain money lending apps that were possibly not in compliance with the applicable legal and regulatory framework, Google has already removed about 100 such apps since December 2020 till January 20, 2021.
Better Buy: Disney vs. Target Pearl Wang
Both Target and
Disney (NYSE: DIS) have strong brand appeal and a loyal customer base. While
Target (NYSE: TGT) benefited from the COVID-19 pandemic, seeing its revenue rise as shoppers stocked up, Disney s business was hurt by the shutdown of theme parks and movie theaters. However, both consumer discretionary companies appear well positioned in a post-virus world.
Here s a more detailed look at which one is the better investment right now. © Disney World Disney World lit up at night.
Disney
Disney s revenue for fiscal year 2020 declined by 6%, while fourth-quarter (ended Oct. 3) revenue decreased by 23% year over year, due to a contraction in business from parks, experiences, and products segment and also from the studio entertainment segment. Adjusted earnings for the full fiscal year fell by 65%. Earlier, third-quarter revenue dropped 42% and adjusted earnings declined 94%.
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