Meta Eyeing “Events Related To TikTok Closely” But Too Early To Talk Impact Of Possible Ban, CFO Says
by Deadline
Deadline— Meta (formerly called Facebook) pretty much ignored the social media elephant in the room today on a post-earnings conference call, with chief financial officer Susan Li saying it’s too early to discuss what just happened in Washington, D.C. President Biden has signed into law a bill that would force TikTok’s Chinese parent company to divest […]
TechCrunch—Will a TikTok ban impact creator economy startups? Not really, founders say. President Joe Biden signed a bill on Wednesday that could ban TikTok — for real this time. After so many false starts and stops, some creator economy founders and their clients are rolling their eyes. They’ve been through this before. “I think two years ago, this would have been devastating,” Karat Financial co-founder and co-CEO […] © 2024 TechCrunch. All rights reserved. For personal use only.
Benzinga—Meta Execs Mark Zuckerberg And Susan Li Tread Lightly On Impact Of TikTok Ban Or Sale: 'It Is Just Too Early'. Meta Platforms executives, including CEO Mark Zuckerberg, responded cautiously to queries about the potential impact of a TikTok ban on the U.S. social media landscape, stating it was too early to assess. read more
NBC News—TikTok creators react to Biden signing ban-or-sell law: ‘We don’t want a TikTok ban’. TikTok creators weren’t surprised to hear that President Joe Biden signed into law a bill that could lead to a TikTok ban, but they’re close to unanimous in their belief that the federal government is wrong to push the legislation forward. For almost four years, since July 2020, a potential TikTok ban has been under consideration by members of the federal government. A bipartisan bill to ban TikTok in the U.S. was first proposed in December 2022, and the version that was just signed into law has...