Urgent.News

What's breaking now, across thousands of outlets.

Business

Meta bans TikTok ads on its platforms in US

Meta, the parent company of Facebook and Instagram, has prohibited advertisements from ByteDance, the Chinese corporation behind TikTok, on its platforms in the United States and several other nations. This development signals a significant escalation in the ongoing competition between Meta and ByteDance, with TikTok emerging as a major rival to Meta in terms of user engagement, creators, and advertising revenue.

Effective immediately, this ban extends to third-party advertisers directing traffic to TikTok and other ByteDance properties in the United States, Canada, Egypt, Indonesia, Japan, Thailand, and Vietnam. Meta stated that they do not need to run ads from competitors whose main objective is to redirect users away from their own platforms.

The company emphasized that declining promotional services to a competitor is a standard business practice in every industry and pledged to continue competing based on product quality and user experience. As of now, TikTok and ByteDance have not commented on Meta's decision. Despite TikTok's website prohibiting links that open or log users into other social media platforms, users can still link to their profiles, directing people to those platforms' websites.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at economictimes.indiatimes.com →

More in Business

CIoD’s Conference to Discuss Technological Challenges, Economy

Dike Onwuamaeze The President of Chartered Institute of Directors (CIoD) Nigeria, Mr. Adetunji Oyebanji, has announced that the “2026 Annual Directors Conference” would be a platform for directors…

  • CIoD Nigeria to host 2026 Annual Directors Conference
  • Conference theme: Reimagining the Boardroom for Inclusive Prosperity
  • Discussion topics: tech advancements, AI, investment shifts, sustainability

North-east Governors Raise N10.8bn to Form Regional Airline

The North East Governors’ Forum (NEGF) has concretised its plan to establish a regional carrier by raising N10.8 billion in counterpart funding for the airline already named, ‘North East Airline.

  • North East Governors raise N10.8bn for regional airline.
  • North East Airline to commence operations soon.
  • N10.8bn collected from Borno, Adamawa, Bauchi, Gombe, Taraba, Yobe.

More from Friday 9 October →