Advertisement
Canada markets close in 16 minutes

  • S&P/TSX

    21,819.42
    +90.87 (+0.42%)
     

  • S&P 500

    5,058.37
    +39.98 (+0.80%)
     

  • DOW

    38,173.92
    +270.63 (+0.71%)
     

  • CAD/USD

    0.7310
    +0.0029 (+0.39%)
     

  • CRUDE OIL

    79.02
    +0.02 (+0.03%)
     

  • Bitcoin CAD

    80,904.92
    +2,596.27 (+3.32%)
     

  • CMC Crypto 200

    1,275.36
    +4.62 (+0.36%)
     

  • GOLD FUTURES

    2,312.60
    +1.60 (+0.07%)
     

  • RUSSELL 2000

    2,015.90
    +35.67 (+1.80%)
     

  • 10-Yr Bond

    4.5710
    -0.0240 (-0.52%)
     

  • NASDAQ

    15,823.91
    +218.43 (+1.40%)
     

  • VOLATILITY

    14.82
    -0.57 (-3.70%)
     

  • FTSE

    8,172.15
    +50.91 (+0.63%)
     

  • NIKKEI 225

    38,236.07
    -37.98 (-0.10%)
     

  • CAD/EUR

    0.6813
    +0.0020 (+0.29%)
     
MARKETS LIVE BLOG:

STOCKS SURGE AS RATE-HIKE FEARS FADE, WITH APPLE ON DECK

Paramount shares jump on Sony, Apollo US$26 billion buyout offer: Report

TikTok testing Instagram-rival app TikTok Notes in Canada

The Canadian Press
·1 min read

TORONTO — TikTok is testing an app that rivals Instagram in Canada.

The social media company says TikTok Notes became available for download and "limited testing" in Canada and Australia this week.

TikTok Notes allows users to share photos and text.

The company says on X that the test is part of early stages of experimentation it is undertaking with images and text.

The app's debut comes as concern has been mounting around TikTok because Chinese law forces companies in the country to help its government with intelligence gathering. TikTok's owner ByteDance Ltd. is based in Beijing.

ADVERTISEMENT

The U.S. has been edging toward banning TikTok unless ByteDance sells its stake in the business, while Canada has been conducting an ongoing national security review of the company, which has said it won’t comply if China requests user data from the business.

This report by The Canadian Press was first published April 19, 2024.

The Canadian Press