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ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup's valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources said, requesting anonymity as the matter is private. ShareChat has had discussions with several potential new investors this year, but many have balked at the opportunity due to ShareChat's high valuation expectations relative to their currently ...

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Jamia Binoria decree cites concerns that platform is being exploited for financial gain through inappropriate content

TikTok is facing allegations that it favored Amazon accounts by instructing moderators not to flag issues with over 60 Amazon-related accounts to preserve its advertising relationship with the e-commerce giant, raising concerns about the platform's impartiality in its moderation process.