Urgent.News

What's breaking now, across thousands of outlets.

Business

Meta bans TikTok ads on its platforms in US

The move marks an escalation in the rivalry with ByteDance, whose video-sharing app competes for users, creators and advertising dollars.

Meta bans TikTok ads on its platforms in US

Meta, parent company of Facebook and Instagram, has imposed a ban on advertisements for ByteDance, the Chinese parent company of TikTok, on its platforms within the United States and several other countries. This action comes after an escalation in their ongoing rivalry, with TikTok posing a significant threat to Meta's user engagement, creators, and advertising revenue.

The ban is effective immediately in the US, Canada, Egypt, Indonesia, Japan, Thailand, and Vietnam, and also covers third-party advertisers running campaigns that link to TikTok or other ByteDance properties in these countries. Meta's spokesperson stated that they will not run ads from a competitor whose objective is to divert users away from their platforms.

This move is a standard business practice in many industries and will not affect Meta's commitment to competing on product quality and user experience. Both TikTok and ByteDance have not yet commented on Meta's decision.

Written by urgent.news from Free Malaysia Today'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 freemalaysiatoday.com →

More in Business

Don’t Chase the Shiny Penny

When you’re trying to disrupt a category, distraction is your biggest enemy. Here’s how Holly Thaggard kept Supergoop! focused for two decades.

Infrastructural Transformation of Lagos Int’l Airport

Chinedu Eze The ongoing infrastructural transformation at the Murtala Muhammed International Airport (MMIA) in Lagos, is giving the country’s major gateway a new look with international standard.

  • Terminal 1 demolished, replaced with new glass façade and advanced HVAC systems
  • Temporary departure hall with 20 check-in counters set up during Terminal 1 closure
  • Expansion of Terminal 2 to boost airport capacity to 17.6 million passengers annually

More from Friday 9 October →