TikTok's growth slows due to aging user base.

TikTok's growth is slowing as its young user base ages and competitor Instagram Reels gains momentum, according to The Wall Street Journal. This comes amidst uncertainty over the app's future in the US due to a House bill that could force it to be sold from its China-tied owner, ByteDance, or face a ban. The app's potential sale price could be affected by these factors, with the Senate's vote on the bill posing a challenge.

March 17, 2024
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