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TikTok is shutting down its $2 billion Creator Fund, a 2020 initiative designed to help pay eligible users making content on the app, a spokesperson for the platform confirmed Monday.
TikTok plans to tell creators on its platform that it will discontinue the Creator Fund, the ByteDance-owned company’s $2 billion initiative to pay viral stars.
When TikTok launched the Creator Fund in July of 2020 with $200 million, the company said it aimed to “support ambitious creators who are seeking opportunities to foster a livelihood through ...
TikTok Ltd was incorporated in the Cayman Islands and is based in both Singapore and Los Angeles. [13] It owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India).
By January 2021, she had acquired 565,000 followers, becoming a full-time content creator and joining the TikTok Creator Fund. [4] [3] In November 2022, she had five videos hit over a million views each. [3] Potenza's TikTok content consists primarily of various comedy sketch series, describing herself as a "sketch comedian from Hell". [4]
He is the honorary chairperson of the 2024 edition of the Met Gala as TikTok is the lead sponsor of the event. [19] [20] Chew is also recognized as one of the most impactful Asians in 2024 by Gold House. [21] In April 24, 2024, U.S. President Joe Biden signed a national security bill that Chew claims would inevitably ban TikTok in the United ...
TikTok's creator fund launched at $200 million and is expected to "grow to over $1 billion in the U.S. in the next 3 years, and more than double that globally," TikTok said in a July 2020 blog ...
Zhang Yiming (Chinese: 张一鸣; born April 1, 1983) is a Chinese Internet entrepreneur.He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok).