Meta Bans ByteDance From Advertising on Its Apps in 7 Countries
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Meta Platforms Inc. banned advertisements in the US from ByteDance Ltd., the former controlling owner of TikTok, intensifying the competition with the popular social video site.
This move marks a significant escalation in the rivalry between Meta and TikTok, as the company seeks to limit the advertising capabilities of its competitor in multiple markets.
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“Meta Platforms Inc. banned advertisements in the US from ByteDance Ltd., the former controlling owner of TikTok, intensifying the competition with the popular social video site.”
Bloomberg — Meta Bans TikTok Parent ByteDance From Advertising on Its Apps in 7 Countries