Startup
The Illusion of Utopia: Exploring North Korea’s Influencer Phenomenon
In the digital age, where influencers wield significant power over public perception, even the world’s most secretive nation, North Korea, has ventured into the realm of social media. This foray is not merely about sharing glimpses of daily life but serves as a calculated extension of the state’s propaganda machinery.
The Unlikely Rise of North Korean Influencers
Traditionally, North Korea has been synonymous with stringent information control, with its citizens having limited access to the global internet. However, in recent years, a series of social media accounts have emerged, purportedly run by North Korean residents, showcasing an idyllic version of life in the Democratic People’s Republic of Korea (DPRK).
One notable figure is Song A, an 11-year-old girl who shares videos of her daily activities, from attending school to visiting amusement parks, all delivered in a polished British accent. Her content aims to portray North Korea as a vibrant and prosperous nation. However, Song A is not an ordinary citizen; she is the daughter of a North Korean diplomat and has spent part of her childhood in England, granting her access to resources and experiences far beyond the average North Korean.
The State’s Digital Strategy
The emergence of these influencers aligns with North Korea’s broader strategy to reshape its international image. Given that only a select few, primarily the elite, have access to the global internet, it’s evident that these social media accounts are state-sanctioned, if not directly operated by the government. The content is meticulously crafted to counteract the prevalent narratives of poverty and repression, instead highlighting modern infrastructure, leisure activities, and a content populace.
For instance, videos showcasing well-stocked supermarkets, bustling amusement parks, and serene cityscapes are common themes. These portrayals starkly contrast with reports indicating that approximately 60% of North Koreans live in absolute poverty, underscoring the propagandistic nature of such content.
The Global Reception and Impact
These North Korean influencers have garnered significant attention on platforms like TikTok and YouTube, with some videos amassing millions of views. The allure lies in the rare glimpse into a nation shrouded in secrecy. However, experts caution that these portrayals are far from authentic. Dr. Rudiger Frank, a professor of East Asian Studies, notes that ordinary North Koreans do not have access to the global internet, making it improbable that these accounts are genuine grassroots initiatives.
The South Korean government has taken measures to block such content, recognizing it as a tool for psychological warfare aimed at influencing perceptions both domestically and internationally. Platforms like YouTube have also removed certain channels for violating community guidelines, acknowledging the propagandistic intent behind them.
The Broader Implications
North Korea’s venture into social media propaganda reflects a strategic adaptation to the digital age. By leveraging platforms that transcend borders, the regime seeks to craft a more favorable image and potentially garner sympathy or at least curiosity from global audiences. However, it’s crucial for viewers to approach such content with a critical eye, recognizing the underlying motives and the stark realities that lie beyond the curated videos.
In conclusion, while the emergence of North Korean influencers adds a new dimension to the nation’s propaganda efforts, it also serves as a reminder of the power of digital media in shaping perceptions. As consumers of content, maintaining a discerning perspective is essential to navigate the complex interplay of information and influence in today’s interconnected world.
Startup
Ex-PM Manmohan Singh dies at 92, leaves behind a legacy of economic reforms
Former prime minister Manmohan Singh, the architect of India’s economic reforms, died on Thursday night. He was 92.
Singh’s death was announced by the All India Institute of Medical Sciences, Delhi, where he was admitted to the emergency ward around 8.30 PM in a critical condition.
An AIIMS bulletin said “he was treated for age-related medical conditions and had sudden loss of consciousness at home” on December 26.
“Resuscitative measures were started immediately at home. He was brought to medical emergency at AIIMS Delhi at 8.06 pm. Despite all efforts, he could not be revived and was declared dead at 9.51 pm,” said the bulletin.
Singh, who was prime minister for two terms in the Congress-led UPA government from 2004 to 2014, had been in poor health for the last few months.
He is survived by his wife Gurcharan Singh and three daughters.
Singh, who was finance minister under the then prime minister P V Narasimha Rao, was the architect and the brainchild of economic reforms in 1991 that pulled India from the brink of bankruptcy and ushered in an era of economic liberalisation that is widely believed to have changed the course of India’s economic trajectory.
Startup
Peak XV Partners sells 1.5% stake in MobiKwik for Rs 82 Cr
Peak XV Partners on Thursday divested 1.5% stake in fintech company One MobiKwik Systems for Rs 82 crore through an open market transaction.
Peak XV Partners (formerly Sequoia India & Southeast Asia) through its arm—Peak XV Partners Investment Holdings III—offloaded 12.01 lakh shares, or 1.55%, stake in One MobiKwik Systems through a bulk deal on the National Stock Exchange (NSE).
The shares were disposed of at an average price of Rs 679.38 apiece, taking the deal value to Rs 81.63 crore.
After the transaction, Peak XV Partners’ holding in Gurugram-based MobiKwik has declined to 1.26% from 2.81%.
Details of buyers of MobiKwik’s shares could not be ascertained on the exchange.
One MobiKwik Systems shares rose 2.40% to close at Rs 623.50 apiece on the NSE.
Last week, MobiKwik’s shares listed with a premium of nearly 60%.
The initial public offering (IPO) by MobiKwik was entirely a fresh issuance of equity shares worth up to Rs 572 crore with no offer-for-sale (OFS) component.
Founded by Bipin Preet Singh and Upasana Taku, MobiKwik is a digital banking platform, offering a wide range of financial products for both consumers and merchants, including payments, digital credit, and investments.
Startup
Govt orders probe into ride-hailing apps over alleged price discrimination
Consumer protection watchdog CCPA will investigate ride-hailing apps for allegedly charging different fares for identical rides on Android and Apple devices, Consumer Affairs Minister Pralhad Joshi said on Thursday.
“This prima facie looks like unfair trade practice,” Joshi wrote on X, formerly Twitter, calling it a “blatant disregard” for consumers’ right to transparency.
The Central Consumer Protection Authority (CCPA) has been directed to conduct a detailed inquiry and submit a report at the earliest. The investigation will extend to other sectors including food delivery and ticket booking apps.
“Zero tolerance for consumer exploitation!” Joshi added.
The probe follows media reports highlighting price disparities between mobile platforms for the same journey.
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