TikTok Ban Passes Ahead of Meta Earnings: What To Know


by Kiplinger

Kiplinger— Lawmakers voted in favor of banning social media platform TikTok just ahead of rival Meta Platforms' earnings report.

Sludge—Meta Shatters Lobbying Record as House Passes TikTok Ban. A new disclosure reveals Instagram owner Meta spent more than ever on lobbing Congress and the White House as legislation to potentially ban its competitor, TikTok, was drawn up and passed.

PetaPixel—House Passes TikTok Ban Bill: What It Means for TikTok Users. The House of Representatives, led by a Republican majority, passed legislation on Saturday that will ban the popular social media app TikTok in the United States if its Chinese owner does not sell its stake in the next year. [Read More]

Digital Music News—China Promises Retaliation After TikTok Ban Legislation Passes — As TikTok Prepares Its Legal Recourse. A new report suggests China could retaliate following President Joe Biden signing into law legislation that would force the sale of TikTok—or ban the app. President Biden signed the legislation into law last week alongside a military aid package for Ukraine and Israel. The bill gives ByteDance around nine months to a year to divest […]