TikTok Tests New App, Alphabet Nears $2 Trillion

In a diverse news day, TikTok's rivalry with Instagram intensifies, and Alphabet's valuation approaches a milestone.

TikTok is testing a new photo and text sharing app, TikTok Notes, as a direct competitor to Instagram.
Jack Ma praises Alibaba's restructuring efforts in a rare public statement, boosting the company's shares.
The NCAA women's basketball championship game surpasses men's viewership for the first time, drawing 18.7 million viewers.
Alphabet's market cap nears $2 trillion, fueled by its advancements in artificial intelligence.
Government watchdogs accuse Senator Ted Cruz of violating campaign finance laws by directing ad revenue to a super PAC.