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What's Going On With Meta Platforms Stock Wednesday?
Meta Platforms Inc (NASDAQ:META) shares are trading higher Wednesday after the U.S. Senate passed a bill under which ByteDance would need to divest TikTok or face a ban in the U.S.
What Happened: Late Tuesday, Congress passed new legislation to ban or force a sale of popular social media platform TikTok, according to a report from the Washington Post.
The Senate approved the bill 79 to 18 as part of an aid package for Israel, Ukraine and Taiwan. The House already approved the bill over the weekend, so the proposal is now headed to President Joe Biden’s desk, ...