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TikTok faces well-funded rivals, regulatory scrutiny in U.S.

As the controversial social media company TikTok faces scrutiny from the U.S. government and possible closure, one of its chief rivals is wasting no time to try and overtake it by raising hundreds of millions of dollars and stealing users FOX Business has learned. 

Disney slashed ad spending on Facebook amid growing boycott

Walt Disney Co. has dramatically slashed its advertising spending on Facebook Inc., according to people familiar with the situation, the latest setback for the tech giant as it faces a boycott from companies upset with its handling of hate speech and divisive content.

FTC considering deposing top Facebook execs in antitrust probe

The Federal Trade Commission is considering taking sworn testimony from Facebook Inc. Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg as part of its investigation into whether the social-media giant has violated U.S. antitrust laws, according to people familiar with the matter.