With TikTok in Danger, Meta Shares Could Jump

With TikTok in Danger, Meta Shares Could Jump Povozniuk / iStock via Getty Images Congress is voting on a TikTok ban. Chinese parent ByteDance has been accused of using the app to spy on Americans and their habits. ByteDance will sue, and the ban may only take effect well into the future if it loses that suit. TikTok has at least 170 million users in the United States. If it is pushed out of the market, the biggest winner is Meta Platforms Inc.(NASDAQ: META), parent of Facebook and Instagram. The latter i ...