TikTok in the US is ending or will be sold. Google has deliberately made search worse 🔐 #WEEKLY ~ April 28th
Vision Pro is a big flop. The verdict showed a portion of the AC24 site's revenue. Tesla fired its entire marketing team. Electro World stores will be renamed Datart.
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The House passed the TikTok divestment bill with a longer deadline for divestment as part of the Ukraine and Israel aid package, putting pressure on the Senate to vote on TikTok. (The Verge)
TikTok vows a legal battle if the US' divestment bill becomes law, saying the bill is “a clear violation” of its users' First Amendment rights (Bloomberg)
The US Senate passed the TikTok divestment bill by a vote of 79 to 18. The bill now goes to President Biden, who has committed to sign it. (The Verge)
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition. Sources say ByteDance sees divestiture as a last resort (Bloomberg, TheVerge)
Whether TikTok is banned or not, this is the end as we know it for the money-losing app, which may lose focus due to advertiser, creator, and staff uncertainty (SpyGlass)
Meta, Google, Snap, and Amazon all benefit from the US' TikTok ban. Mark Zuckerberg criticized TikTok's Chinese roots in 2019, part of Meta's broader campaign (Washington Post)