{"id":885223,"date":"2024-12-07T08:22:05","date_gmt":"2024-12-07T02:52:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=885223"},"modified":"2024-12-07T08:42:31","modified_gmt":"2024-12-07T03:12:31","slug":"meta-shares-hit-record-high-after-us-appeals-court-upholds-tiktok-ban","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/07\/meta-shares-hit-record-high-after-us-appeals-court-upholds-tiktok-ban\/","title":{"rendered":"Meta shares hit record high after US appeals court upholds TikTok ban"},"content":{"rendered":"<p>Shares in Meta Platforms, the parent company of Facebook, reached a record high on Friday after a US appeals court upheld a law requiring China-based ByteDance to divest its popular short-video app TikTok by early next year or face a potential ban. <\/p>\n<p>The ruling is a significant setback for ByteDance, whose app is used by 170 million Americans. The court affirmed a law passed with bipartisan support in Congress and signed by President Joe Biden, granting the US government extensive authority to ban foreign-owned apps that could raise concerns over the collection of Americans\u2019 data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in Meta Platforms, the parent company of Facebook, reached a record high on Friday after a US appeals court upheld a law requiring China-based ByteDance to divest its popular short-video app TikTok by early next year or face a potential ban. The ruling is a significant setback for ByteDance, whose app is used by 170 million Americans. The court affirmed a law passed with bipartisan support in Congress and signed by President Joe Biden, granting the US government extensive authority to ban foreign-owned apps that could raise concerns over the collection of Americans\u2019 data.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-885223","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=885223"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/885223\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=885223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=885223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=885223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}