Market Chatter: Meta Platforms Bans TikTok Ads Across Its Apps

MT newswire2026/10/08 23:54

07:54 PM EDT, 10/08/2026 (MT Newswires) -- Meta Platforms Inc. (META) began restricting advertisements from ByteDance, TikTok's former controlling owner, across its platforms in the US and several other countries, escalating competition between the companies, Bloomberg reported Thursday. The ban covers the US, Canada, Egypt, Indonesia, Japan, Thailand and Vietnam, including third-party campaigns linking to TikTok and other ByteDance properties, according to Bloomberg. "We don't have to run ads from a competitor whose goal is to pull people off our apps. Declining promotional services to a competitor is a normal business practice across industries", a Meta spokesperson said in an emailed statement to MT Newswires. "We will continue to compete on product quality and user experience", the spokesperson added. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Goldman Sachs dramatically lowers KOSPI target from 12,000 to 9,000 points, still insists there is 60% upside potential

Goldman Sachs strategists have lowered their 12-month target for South Korea's KOSPI Index from 12,000 points to 9,000 points, representing a 25% decrease. Earlier this year, Goldman had raised the target multiple times. The latest downgrade is due to mounting concerns in the market over artificial intelligence (AI) trading.

智通财经•2026/10/25 10:51

AI investment has not ended; wealth is simply being redistributed.

404k•2026/10/25 09:19

After the new regulation, South Korean retail investors turned into monthly net buyers of leveraged ETF, betting on a rebound in chip stocks for the first time.

格隆汇•2026/10/25 04:31

Can NEAR Protocol defend $4.30 support after a 10% price drop?

AMBCrypto•2026/10/25 01:00