maricel
2022-11-20

I use Facebook and Messenger daily. Not really sure why Meta's fell so much. Meta and other social apps actually can't really make much money on their own. They depend heavily on advertising for revenue. With the recent economic weakness and rising inflation, I suppose a lot of changes have been made by companies to cut costs and advertising would be one of the first few.

TikTok's Issue: Who Will Benefit?
The Biden administration is demanding that TikTok’s Chinese owners sell the app or face a possible US ban of the app. Social media stocks also rose on the news. --------------------------------------------------------- Will other social media company benefit from the news? Do you support TikTok to be banned in US/ your country?
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