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slash Wall Street.

Here's your TMB Tech Minute for Wednesday, April 24th.

I'm Alex Osila for the Wall Street Journal.

President Biden has signed a foreign aid package

that includes a bill that will force a sale

or ban of the social media platform Tik-Toc

within a year.

Lawmakers say they're worried about how Tik-Tok could affect national security,

including the potential for China to collect intelligence on US users.

Tik-Tok has repeatedly said that it never shared U.S. user data with the Chinese government

and that it would refuse any such requests.

The company reiterated that it has invested billions of dollars to keep U.S. data safe. In a statement, the company said it would

challenge the ban in court. Meta has reported record first-quarter sales.

Sales increased to 36.5 billion dollars, up more than 27% compared to a year prior and exceeding analyst expectations.

Meta's performance has been fueled by breakthroughs and artificial intelligence technology that boosted its

ad targeting capabilities.

Those advancements in AI have helped Meta overcome challenges posed by

privacy changes implemented by Apple that erased $10 billion of revenue for Meta in 2022. And Google says it will no longer be able to

eliminate third-party cookies by the end of this year, citing quote ongoing

...