TikTok Promises Over $2 Billion for Creators as US Ban, Reels Competition Looms

TikTok has pledged to invest over $2 billion worldwide in the next three years to support its creators, as part of the TikTok Creator Fund. This comes in the wake of growing political pressure in the US from the Trump administration, and incoming competition from Instagram’s Reels, with Facebook said to be paying TikTok creators for exclusivity.