TikTok ban: How stocks for social media rivals Meta and Snap—and partner Oracle—fared on the news
Surprise: Despite the ByteDance app’s bad day, its competitors aren’t rallying like you might expect.
On Wednesday, President Joe Biden signed the TikTok ban into law, finally giving owner ByteDance its Choose Your Own American Adventure: It must either sell the immensely popular video-sharing platform or see it get banned in the U.S.
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