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TikTok to shut down TikTok music streaming business in November

TikTok announced that TikTok Music will be closing on November 28, 2024. “We would like to thank you for all of your support, and we hope you enjoyed the music,” TikTok said on its website. TikTok Music competes with offerings from Spotify (SPOT), Google (GOOGL), and Apple (AAPL).

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