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Putin warns against tech giants becoming competitors to states:

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Putin warns against tech giants becoming competitors to states:

LONDON: Putin warns against tech giants becoming competitors to states. President Vladimir Putin warned that the coronavirus pandemic has intensified pre-existing global problems and imbalances. And that they could deteriorate to the point where “all against all” combat is taking place. The pandemic of coronavirus has become a major challenge for humanity and has accelerated systemic reforms. The preconditions for which were already in place,’ he said at the World Economic Forum’s virtual meeting.

Moreover, his remarks came as Russia stepped up pressure on the activities of international Internet firms. There are not all giants of the economy. They are already de facto competing with the state in some areas. Putin said during his speech to the virtual economic summit in Davos. The Russian leader said it is unclear. Where the boundary between a profitable multinational company is and attempts to regulate society crudely, at their own discretion.

TikTok had  invited to a conversation in parliament:

The failure and inability to centrally solve such problems in the 20th century culminated in the disastrous Second World War. Of course, such a heated confrontation is not feasible today. I hope it is not possible in theory, since it would mean the end of our civilization. But I would like to emphasize that if we sit on our hands and do nothing to prevent it, the situation will grow unpredictable and uncontrollable. And there is a risk that we through witness a real breakdown in global growth that could lead to a war of all against all.

However, On Wednesday, the chairman of the international intervention committee of the Lower House State Duma, Vasily Piskaryov, said that the president of the Russian branch of TikTok had invited to a conversation in parliament.

The TASS news agency cited Piskaryov as saying that “questions have piled up” about the video-sharing service based in China. TikTok has emerged as a common forum for young Russians to share their political views in recent months. Since the anti-corruption activist was jailed on his return from Germany to Russia, hashtags dedicated to Navalny have been trending on TikTok, garnering more than 1.5 billion views.

The appearance of Putin at the summit, which typically takes place in the ski resort of Davos, Switzerland, and draws political and business leaders from around the world, is controversial. But WEF founder and executive chairman Klaus Schwab introduced Putin by saying that Russia was a long-standing participant and that it was necessary in times of tension and difference, the constructive dialogue continues.

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