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Australia bans TikTok on government devices over security concerns

Australia bans TikTok on government devices over security concerns

Australia banned TikTok on Tuesday from all federal government-owned devices over security concerns, becoming the latest U.S.-allied country to take action against the Chinese-owned video app. The ban underscores growing worries that China could use the Beijing-based company, owned by ByteDance Ltd, to harvest users’ data to advance its political …

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Insurance sales at banks boom

Insurance sales at banks boom

More than a dozen lenders achieved bancassurance revenues of over VND1 trillion ($42,633 million) from new customers last year, according to Vietcombank Securities. Bancassurance refers to insurance products sold through banks. Premium income from new customers increased by 45% during the year, and overall premiums at by 16%. Military Bank …

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