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5:35 PM ET, April 24, 2024

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 Top News: 
Lauren Feiner / The Verge:
President Biden signs the ByteDance-TikTok divest-or-ban bill into law, after the Senate passed it by 79-18; the House passed the legislation 360-58 on April 20  —  The divest-or-ban bill is now law, starting the clock for ByteDance to make its move.  The company has an initial nine months …
Discussion: CNBC, Bloomberg, Washington Post, The White House, @tiktokpolicy, @tiktokpolicy, The Guardian, Tubefilter, KnowTechie, CNN, Variety, New York Times, Sydney Morning Herald, Music Business Worldwide, Neowin, Android Authority, The Independent, Axios, Total Telecom, London Evening Standard, Semafor, Politico, Dexerto, Infosecurity, Semafor, XDA Developers, Forbes, Tom's Guide, Comic Book, Android Authority, PCMag, Business Insider, Social Media Today, Bloomberg, Benzinga, Rolling Stone, Engadget, AppleInsider, Bloomberg, India Today, @alexheath@threads.net, DJ Mag, @jw@threads.net, @hankgreen, @cinemasai_, @maxwinebach, @adamkovac, @yashar, @themaxburns, Wall Street Journal, @ldrogen, @mattontech@mastodon.sdf.org, NBC News, @alexbarinka, Newsweek, @rlheinrichs, Florida Politics, Mothership.SG, @tomwarren, Digital Music News, @munster_gene, @kyurieff, PetaPixel, @deedydas, @potus, @lanceulanoff, @blackleftaf, BGR, @michaelsobolik, @aripap, TechCrunch, @repdancrenshaw, ComingSoon.net, @alexgrayforok, 9to5Mac, @jameeljaffer, The Information, @michaelsobolik, Financial Times, @viacristiano, Mastodon, @nathanleamerdc, @djvlad, @jeromysonne, @viacristiano, @michaelsobolik, Silicon UK, Kiplinger.com, @kellymakena, @therecount, @ezeekat@threads.net, CNN, Wired, @drjessmaddox, Far Out Magazine, Australia & World, @deanbaker13, KnowTechie, @alyssafarah, PR Daily, @aghamilton29, Android Police, GSMArena.com, @steventdennis, Android Headlines, @mtracey, @ddimolfetta, One Man & His Blog, The Guardian, @carnage4life, @mkraju, @brendancarrfcc, @danprimack, Android Headlines, Fast Company, The Indian Express, Reuters, @NeoNacho@mastodon.social, The Daily Beast, Neowin, Wired, The Register, Engadget, The Wrap, GB News, Mumbrella, Gizmodo, The Verge, MediaPost, South China Morning Post, New York Daily News, The Hill, r/politics, r/popculturechat and Beehaw, more at Techmeme »
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Alex Barinka / Bloomberg:
Biden signing the TikTok divestment bill starts a 270-day countdown for a sale or a US prohibition; sources say ByteDance sees divestiture as a last resort  —  - China's ByteDance faces deadline to sell app under new US law  — Company braces for legal fight against divest-or-ban efforts
Foo Yun Chee / Reuters:
TikTok is suspending the rewards program in TikTok Lite while it tries to resolve EU concerns about the potentially addictive nature of the program for children  —  TikTok will voluntarily suspend its new app TikTok Lite's reward programme while it tries to resolve EU concerns, the company said on X social media platform on Wednesday.
Casey Newton / Platformer:
Legal scholars discuss how the TikTok divestment bill could survive a First Amendment challenge and why the US will likely rely on a national security argument
Meta Investor Relations:
Meta reports Q1 revenue up 27% YoY to $36.46B, net income up 117% YoY to $12.37B, and family daily active people up 7% YoY to 3.24B for March 2024  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2024.
RELATED:
Ashley Capoot / CNBC:
Meta's stock drops 15%+ as the company issues a light Q2 revenue forecast and higher FY 2024 capital expenditures due to increased AI infrastructure investments  —  Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child …
Winston Cho / The Hollywood Reporter:
The FTC bans noncompete clauses that restrict job switching, potentially complicating hiring in Hollywood as firms try to protect trade secrets and other info  —  The FTC on Tuesday voted to prohibit noncompete provisions in contracts, which could usher in a sea change to worker mobility …
RELATED:
Tom Jones / Poynter:
How the Columbia Daily Spectator, the independent student newspaper of Columbia University, is covering the tense protests over the Israel-Hamas war  —  The Columbia Daily Spectator has expertly documented tense protests over the Israel-Hamas war inside and outside the campus.
E. Alex Jung / New York Magazine:
A profile of Mehdi Hasan, whose aggressive interviewing helped him get an MSNBC show, as he now embraces the “canceled” label to launch his Zeteo substack  —  Mehdi Hasan's aggressive interviewing style landed him a Sunday show on MSNBC.  Until he started talking about Palestine.
 
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 More News: 
Max Goldbart / Deadline:
The UK's Channel 4 commits to make more shows outside England, after calls to increase its quota to make 9% of shows in Scotland, Wales, and Northern Ireland
Daniel Thomas / Financial Times:
Ofcom warns UK broadcasters on the importance of impartiality ahead of the general election, but stops short of outright banning using politicians as presenters
 Earlier Picks: 
Seb Joseph / Digiday:
For the third time, Google delays the deprecation of third-party cookies in Chrome, pushing back its plans to early 2025, after the UK CMA expressed concerns
Rolling Stone:
Ex-AMI CEO David Pecker testifies about agreeing to be Trump's “eyes and ears” and how the National Enquirer used Michael Cohen's prompts to bash Trump rivals
 

 
From Techmeme:

Anthony Ha / TechCrunch:
Bluesky confirms Jack Dorsey's departure from its board and says it is searching for a new board member

Anthony Ha / TechCrunch:
Meta launches quote post controls for all Threads users, who can allow quotes from everyone on Threads, only the people they follow, or disable quote posts

Tara Copp / Associated Press:
US Air Force plans a fleet of 1,000+ AI-controlled jets, the first of them operating by 2028; some AI versions already beat human pilots in air-to-air combat

 
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