Is Good News About to Drop About Fastly's Biggest Customer?

Shares of edge computing company Fastly (NYSE: FSLY) have been on a bit of a rollercoaster recently. The company's biggest customer, TikTok, has become a major topic of debate since President Donald Trump ordered the popular video social network's parent company, China-based ByteDance, to divest it so that it becomes U.S.-owned.

Several tech giants have been reportedly racing to make a deal that satisfies Trump's concerns about TikTok user data. Now Fastly's biggest customer is reportedly already in the final stages of a deal that would keep TikTok's U.S. operations running.

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Source Fool.com