Your email has been successfully added to our mailing list.

×
6.4987939002939E-05 0.00156353335601528 0.00232045170440416 0.00286329213607701 0.000584891451027668 0.00514933846100907 0.00295503981466952 0.00746596734547196
Stock impact report

TikTok charged for breaching EU rules with app's addictive features [BNN Bloomberg (Canada)]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: BNN Bloomberg
The EU watchdog's charges focus on TikTok's addictive design which includes features such as infinite scroll, autoplay, push notifications, and its highly personalized recommender system. TikTok, whose algorithm is driven by the understanding of a user's interest and has been key to the social media app's global success, criticized the European Commission charges. The regulatory move underscores the European Union's crackdown on Big Tech which has drawn criticism from the U.S. government over censorship and led to threats of tariffs. The Commission set out its charges after a year-long investigation under the Digital Services Act (DSA) which requires large online platforms to do more to tackle illegal and harmful content. “The Commission's preliminary findings present a categorically false and entirely meritless depiction of our platform, and we will take whatever steps are necessary to challenge these findings,” a TikTok spokesperson said. The Commission, which acts as the Show less Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for META alerts
Opt-in for
META alerts

from News Quantified
Opt-in for
META alerts

from News Quantified