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Key facts: A joint venture for the U.S. version of TikTok is valued at $14 billion, highlighting the competitive social media landscape. Meta Platforms faces slower revenue and user growth domestically.

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  • A joint venture for the U.S. version of TikTok is valued at $14 billion, highlighting the competitive social media landscape. Meta Platforms faces slower revenue and user growth domestically.1
  • Meta's communications chief confirmed the company regularly evaluates external tools while relying on its own ad-targeting systems amid competitive pressures in the AI sector.2