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Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway The Associated PressHow TikTok's Chinese parent company will rely on an American right to keep the app alive CNN'Lost touch with reality': How TikTok's vaunted lobbying operation went wrong POLITICOSenate passes bill forcing TikTok's parent company to sell or face ban, sends to Biden for signature The Associated PressTikTok: What is the smartphone app and why might it be banned? USA TODAY
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Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.
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Meta's plans for AI spending spree send shares lower Financial TimesMeta plunges 16% on weak revenue guidance even as first-quarter results top estimates CNBCMeta stock plummets 10% after second quarter outlook disappoints Yahoo FinanceMeta's Advertising Business Keeps Rolling, But Costs Rise in AI Arms Race The Wall Street JournalInstant Reaction: Meta's Outlook Spooks Investors Bloomberg
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Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.
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