TikTok | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

TikTok is the world's leading destination for short-form video, allowing users to create, edit, discover, and share videos. Launched...


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TikTok is the world's leading destination for short-form video, allowing users to create, edit, discover, and share videos. Launched in September 2016, it has rapidly grown into a popular social media platform known for its engaging content and creative tools. The company operates globally, with a focus on inspiring creativity and bringing joy to its users.

Website
Headquarters
Los Angeles, California
Size
10,001+ employees
Industry
Entertainment Providers

🛍️ TikTok Product and Pricing News →

👔 TikTok CEO, Management and Leadership Team →

⚔️ TikTok Alternatives and Competitors →

💼 TikTok Hiring and Layoffs →

🤖 TikTok Developer, Integration and Automation News →

📈 TikTok Financials, Fundraising and Valuation News →

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🛍️ TikTok Product and Pricing News

  • A senior Romanian telecom regulator official called for TikTok to be suspended pending an investigation into its potential role in a far-right victory in Romania's presidential election.
  • Australia's House of Representatives passed a bill banning TikTok and other social media platforms from allowing kids under 16 to access them, with potential fines up to $33 million.
  • TikTok faces a potential sale to American investors as a divest-or-ban law is set to take effect on January 19, 2024, with both the Chinese government and ByteDance possibly open to the idea.
  • TikTok is suing the U.S. government to block a potential ban as it faces an important court decision soon.
  • TikTok and other social media companies could face fines up to A$50 million if they fail to comply with Australia's new law banning accounts for children under 16.

  • On November 14, 2024, TikTok integrated Getty Images into its Symphony Creative Studio, providing creators with access to a vast library of high-quality visuals for enhanced storytelling.
  • TikTok launched Symphony Creative Studio, an AI-powered tool to streamline video creation for creators and advertisers.
  • TikTok collaborates with experts to develop toolkits for improving digital wellbeing and sets a 60-minute daily screen time limit for users under 18.

👔 TikTok CEO, Management and Leadership Team


⚔️ TikTok Alternatives and Competitors

  • Triller
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  • YouTube Shorts
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  • Instagram Reels
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  • Byte
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  • Clash
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  • Snapchat
  • |
  • Likee
  • |
  • Dubsmash
  • |
  • Facebook
  • |
  • Twitter
  • |
  • Reddit
  • |
  • Kuaishou
  • |
  • Quibi

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💼 TikTok Hiring and Layoffs

  • Gillian Hughes has left TikTok as Head of SMB, EMEA in Ireland to become Global Sales Director at Horseware Ireland.
  • TikTok is currently hiring for the position of PMO Lead, Global Brand & Communications in the United States.
  • TikTok is currently hiring for the position of Dine-in Category Strategic Operations - Local Services in Indonesia.
  • TikTok is currently hiring for the position of Ecosystem Product Manager - USDS in the United States.
  • TikTok is seeking a General Manager for Global Business Solutions to lead advertising strategy and revenue growth in Mexico.

  • TikTok is currently hiring for the position of Brand Partnerships Lead (Performance) in Thailand.
  • TikTok is currently hiring for the position of TikTok Commerce Strategy & Analytics - Partner Content Growth in the United Kingdom.
  • Mary Hubbard has left TikTok, where she served as Head of TikTok Americas, Governance and Experience in the United States, to join Automattic as Executive Director, WordPress.org.

🤖 TikTok Developer, Integration and Automation News

  • TIPS Music has partnered with TikTok to make its library of over 31,000 songs available on the platform, enhancing global access to Indian music.
  • Tips Music has partnered with TikTok to make its music collection accessible to music lovers, NRIs, and expatriates on the platform.
  • TikTok partnered with Franklin High School and the national PTA to promote digital safety and tackle cyberbullying amid mounting legal and political pressure.
  • On November 19, TikTok is partnering with Make-A-Wish to host a 3-hour charitable live event featuring Jason Derulo, aiming to raise $250,000 for children with critical illnesses.
  • In October, TikTok partnered with 9 Dots to teach K-6 students computer science in Los Angeles.

  • On November 7, TikTok Shop launched Fenty Beauty, Fenty Skin, and Fenty Hair in collaboration with Kendo Brands, Inc.
  • TikTok has partnered with the World Health Organization to deliver science-based health information through video content.

📈 TikTok Financials, Fundraising and Valuation News

  • TikTok, along with Facebook and Instagram, has driven a 19.3% increase in social media ad spending, reaching $252.7 billion in 2024.


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