Snap Inc. Registered Shares A D (1SI.DU)
- Yahoo Finance Video
3 things to watch in TikTok CEO testimony to Congress
TikTok CEO Shou Zi Chew is set to testify before Congress for the very first time on Thursday. These are 3 things Yahoo Finance will be looking out for. Number one is national security: How will TikTok address privacy and data security concerns as well as how it handles user data, and what would TikTok do if the Chinese government says hand that data over? Number two is TikTok’s growth: TikTok this week revealed its monthly active users in the U.S. hit 150M; that's a jump of 50% in the past 2+ years. Any wide-ranging U.S. ban could potentially hurt the more than 100,000 creators using TikTok for extra income. Number three is influence or interference: 2024 is a presidential election year in the U.S., so expect questions on misinformation, political influence, and even how children are affected by the content. Key video takeaways 00:14: 3 things to watch with TikTok in D.C. 00:29: TikTok CEO speaks ahead of testifying 01:20: strained relationship
- Benzinga
Facebook, Twitter, Reddit, Snapchat: Social Media's Paid Makeover
If you're an avid user of social media, you may have noticed a disturbing trend in recent months: the rise of subscription-based platforms. The era of free and easy social media access seems to be coming to an end. Some of the biggest players in the game, including Twitter and Facebook, are experimenting with paid models that could leave many users feeling like they've been left on read. Twitter: When Twitter Inc. announced its paid subscription service, many users were left scratching their hea
- Bloomberg
Snap Can’t Count on a TikTok Ban to Help It Recover
(Bloomberg) -- Snap Inc. shares need more than the talked up possibility of a TikTok ban to recover from a near 70% slump in the past year.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsXi Aligns With Putin Against US, But Hesitates on Gas DealTikTok Chief Executive Officer Shou Chew testifies befo
