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Market Chatter: Meta's Instagram, Alphabet's YouTube Emerge as Alternatives for US TikTok Creators
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Market Chatter: Meta's Instagram, Alphabet's YouTube Emerge as Alternatives for US TikTok Creators
Dec 9, 2024 5:36 AM

08:01 AM EST, 12/09/2024 (MT Newswires) -- Meta-owned (META) Instagram and Alphabet's (GOOG, GOOGL) YouTube ( GOOG ) have emerged as alternatives for American TikTok content creators, who have urged followers to subscribe to their Instagram and YouTube ( GOOG ) channels after a federal appeals court ruled that the Chinese-owned social media app could be banned if not sold to a US-based company by Jan. 19, Reuters reported over the weekend.

A Supreme Court appeal is still possible, and MT Newswires previously reported that a TikTok spokesperson said they are looking forward to the Supreme Court in "protecting Americans' right to free speech."

Content creators are worried that a ban on TikTok would remove years of their work on the app, Reuters said, citing interviews with TikTok influencers.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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