TikTok

TikTok faces a possible ban in the U.S. later this month if a law that could require the social media app’s Chinese owner, ByteDance, to part ways with the platform takes effect as scheduled on Jan. 19. Specifically, the Protecting Americans from Foreign Adversary Controlled Applications Act would make it illegal for app stores from Google or Apple, as …

Meta Layoffs

Meta $META is laying off 5% of its workforce, targeting the lowest performers, per an internal memo. This follows last fall’s 11,000 job cuts and reflects a wider trend in tech companies adjusting workforce strategies.