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TikTok’s potential ban in U.S. could be boon for Meta and Snap

TikTok's potential ban in U.S. could be boon for Meta and Snap

TikTok logo is displayed on the smartphone while standing on the U.S. flag in this illustration picture taken, November 8, 2019.

Dado Ruvic | Reuters

Investors in Meta, Snap and other U.S. digital media companies have been looking for signs of a rebound after a tumultuous 2022. They got some unexpectedly optimistic news this week.

The U.S. House Foreign Affairs Committee on Wednesday voted to advance legislation that would give President Joe…


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