Reddit co-founder Alexis Ohanian joins Frank McCourt’s TikTok bid

Reddit co-founder and investor Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser specializing in social media, Reuters reports. “He has that broad portfolio of experience … of where social media was and, I think, a keen understanding of where it’s evolving,” McCourt told Reuters. “Where he can help […]

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UK probes how TikTok, Reddit, and Imgur protect child privacy

The U.K.’s privacy watchdog has launched investigations into three social media companies over how they go about protecting the privacy of children on their respective platforms. The Information Commissioner’s Office (ICO) announced today that it’s looking into how TikTok uses personal information of 13- to 17-year-olds to recommend videos, “in light of growing concerns” around […]

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UK probes how TikTok, Reddit, and Imgur protect child privacy

The U.K.’s privacy watchdog has launched investigations into three social media companies over how they go about protecting the privacy of children on their respective platforms. The Information Commissioner’s Office (ICO) announced today that it’s looking into how TikTok uses personal information of 13- to 17-year-olds to recommend videos, “in light of growing concerns” around […]

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TikTok sunsets its creator marketplace for TikTok One, a broader solution with AI tools

TikTok is preparing to sunset its creator marketplace in favor of a new, more expanded experience, the company has informed businesses and creators via email. The online platform, which connects brands with creators for collaborating on ads and other sponsorships, will stop allowing creator invitations or the creation of new campaigns as of Saturday the […]

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In challenge to YouTube, TikTok revamps its desktop platform

In a bid to take on YouTube, TikTok is revamping its desktop platform with the addition of several new features. The company announced on Thursday that its web-based experience features a new modular layout, refreshed For You feed, a new Explore tab, immersive full-screen LIVE gaming streaming, and a floating player. The social network’s new […]

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Instagram may spin off Reels into a separate app

Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […]

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TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending

TikTok, including its Chinese counterpart Douyin, in 2024 became the first non-game app to reach $6 billion in in-app purchase revenue in a year. According to a new report from app intelligence provider Sensor Tower, TikTok also generated a record high of $1.9 billion in gross in-app purchase (IAP) revenue in the fourth quarter of […]

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Substack now lets creators monetize videos and post them directly from its app

As TikTok’s future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video. The company announced on Wednesday that it’s now allowing creators to monetize their videos on the platform, and letting them publish video posts directly from the Substack app. Previously, creators have been able to […]

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Study of TikTok, X ‘For You’ feeds in Germany finds far-right political bias ahead of federal elections

Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertook an analysis of social media content displayed to new users via algorithmically […]

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What to know about TikTok’s uncertain future in the US and the people who want to buy it

TikTok, owned by the Chinese company ByteDance, has been at the center of controversy in the U.S. for four years now due to concerns about user data potentially being accessed by the Chinese government. Just this past month, the app experienced a temporary outage in the U.S. that left millions of users in suspense before […]

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