3 Stocks That May Be Impacted by the Possible TikTok Ban
TikTok is one of the fastest-growing companies in the world with over 1 billion monthly active users, which makes it only slightly less popular than Instagram with 1.2 billion MAUs. Despite being a private company, data estimates indicate the platform generated $4.6 billion in 2021, up a blistering 142% year over year.
Meta barred by Kenyan court from engaging its new content moderation partner
Meta has been temporarily barred by a Kenyan court from engaging its new content moderation subcontractor, Majorel, pending the hearing of a new case, filed by 43 content moderators yesterday over illegal sacking and blacklisting. The interim injunction has also barred Sama, Meta's outgoing content moderation partner, from effecting any form of redundancy.
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