Who Stands to Gain from a TikTok Ban [The New York Times]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: The New York Times
ImageA campaign to stop the potential ban of TikTok has fizzled.Credit...Anna Moneymaker/Getty ImagesThe winners from the TikTok battleThe countdown to TikTok disappearing from the United States is about to start.The Senate overwhelmingly passed legislation to force the divestment of the video app by its Chinese owner, ByteDance, within a year or be banned. President Biden is expected to sign it into law shortly.Barring the app from shores could take months, or even years —ifThe road aheadWho would benefit?Analysts at Bernstein have estimatedOver the years, Meta has sought toamplify concerns about TikTokcalled Facebook a bigger danger to the Meta’s C.E.O., Mark Zuckerberg, is likely to face questions about his embattled rival when his tech giant reports earnings on Wednesday.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit andlog intosubscrib
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- 2/1/24 - Beat
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- 5/3/24 - Form 144
- 5/2/24 - Form 4
- 5/2/24 - Form PX14A6G
- META's page on the SEC website