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ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
In May 2022, TikTok announced TikTok Pulse, an ad revenue-sharing program. It covers the "top 4% of all videos on TikTok" and is only available to creators with more than 100,000 followers. If an eligible creator's video reaches the top 4%, they will receive a 50% share of the revenue from ads displayed with the video. [ 109 ]
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It later expanded to include web and desktop versions for Mac and Windows. [2] In 2022, CapCut reached 200 million active users. [4] According to The Wall Street Journal, in March 2023, it was the second-most downloaded app in the U.S., behind that of Chinese discount retailer Temu.
Early call for 2024 word of the year: TikTok brain. It’s the phenomenon that’s essentially the turbo-charged version of what previous generations shrugged off as “having a short attention ...
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