Meta CEO Mark Zuckerberg will very likely end up the ultimate winner in the most recent push to force a sale or ban of Chinese-owned TikTok.
The House passed a TikTok "ban" or forced sale as part of a bill on military aid for Ukraine and Israel.
A year ago, BI's Grace Kay wrote that TikTok legislation would be like "an early Christmas present" for Zuckerberg.
Instagram had more growth and downloads last year than TikTok, and after Instagram faced an existential crisis, it's having a surprising comeback.)
If ByteDance ends up selling TikTok to a US company, it's hard to imagine it will be a smooth transition.
Persons:
—, Zuck —, Mark Zuckerberg, Joe Biden, it'll, Zuckerberg's Meta, BI's Grace Kay, Zuckerberg, Instagram, Adam Mosseri, TikTok, there's, ByteDance, Steven Mnuchin
Organizations:
Service, Business, Zuckerberg's, Meta, YouTube, Big Tech
Locations:
Ukraine, Israel