Tech
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Snap, Meta Stocks Jump as TikTok Ban Approaches
Wall Street investors appear to be betting on Snapchat and Instagram benefiting from TikTok’s U.S. exile
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TikTok Plans Immediate US Shutdown on Sunday
The app is facing a Jan. 19 ban on new downloads and updates in the United States
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SEC Sues Elon Musk Over X Purchase, Says He Acquired Shares at ‘Artificially Low Prices’
The Tesla boss was able to “underpay by at least $150 million” by failing to disclose he built up a 5% stake in Twitter, the SEC claims
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Meta Cuts 5% of Workforce to ‘Move Out Low-Performers,’ Zuckerberg Says
The parent company of Facebook and Instagram is cutting 3,620 jobs
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What to Know About RedNote and Why TikTok Users Are Flocking There
RedNote – or Xiaohongshu – is currently the top-ranked free app in the United States
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Mark Zuckerberg, Jeff Bezos to Attend Trump Inauguration
The tech execs will join Elon Musk and OpenAI CEO Sam Altman in Washington on Monday
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Chinese Apps Xiaohongshu and Lemon8 Jump to Top of App Store as TikTok Ban Looms
The two social media services are the top-ranked free apps on Apple’s App Store, just days before TikTok is set to be kicked out of the U.S.
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Meta Ditches DEI Programs to ‘Mitigate Bias for All’
Facebook’s parent company says a shifting “legal and policy landscape” led to it ending its DEI team
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TikTok Says It Will Shut Down in US if Ban Is Not Lifted
The Supreme Court on Friday appeared unlikely to overturn the app’s Jan. 19 ban date
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Supreme Court Signals It May Uphold TikTok Ban Despite No Decision on Friday
The popular app is set to be banned from the U.S. on Jan. 19
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8 AI Predictions for 2025: From an AI-Made Hollywood Blockbuster to ‘Immersive’ TV Viewing
Executives and industry experts share their bets for the new year with TheWrap
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Tech
Available to WrapPRO members
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Google Donates $1 Million to Trump Inauguration, Joining Other Tech Giants
The event will now be streamed live on YouTube on Jan. 20
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Meta Pivots Away From Protections, Guardrails as Trump 2.0 Looms | Analysis
Is Mark Zuckerberg returning to his free-speech roots?
Available to WrapPRO members
Tech
Available to WrapPRO members
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Elon Musk Applauds Meta’s ‘Awesome’ Decision to Copy His Community Notes
The X boss says it’s “cool” that Facebook and Instagram will follow in his social media footsteps as they end their fact-checking programs
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Getty Images and Shutterstock to Merge in $3.7 Billion Deal
The two visual powerhouses are combining forces to battle AI competition
