Meta Eyeing “Events Related To TikTok Closely” But Too Early To Talk Impact Of Possible Ban, CFO Says

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Media Conglomerate: Penske Media Corporation

Meta Eyeing “Events Related To TikTok Closely” But Too Early To Talk Impact Of Possible Ban, CFO Says

Meta (formerly called Facebook) pretty much ignored the social media elephant in the room today on a post-earnings conference call, with chief financial officer Susan Li saying it’s too early to discuss what just happened in Washington, D.C. President Biden has signed into law a bill that would force TikTok’s Chinese parent company to divest the hugely popular U.S. app within about nine months or risk it being banned. TikTok said it will take …