Meta has banned advertisements from ByteDance, TikTok's parent company, on Facebook and Instagram in the US, Canada, Egypt, Indonesia, Japan, Thailand, and Vietnam. This ban includes third-party ads linking to TikTok and other ByteDance properties, effective immediately. Meta cited competition concerns, stating it doesn't need to run ads from a competitor aiming to draw users away. The move intensifies the ongoing rivalry as TikTok competes strongly for user engagement and advertising revenue. Both companies have also been involved in regulatory settlements related to child safety on their platforms.
Meta Platforms Inc holds a market cap of $1.84 trillion and a dividend yield of 0.29% as of Oct 09, 2026 09:21 WIB on Pluang. Despite the ban on TikTok ads across several countries, META's stock price remains stable at USD 721.30 with virtually no change in the last day. Trading volume is notable at 12,743,601 shares, and investor sentiment on Pluang leans bullish with 73% buy orders. This data highlights steady investor interest in Meta amid its competitive moves against TikTok.
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