TikTok is shutting down its $2 billion Creator Fund and steering users to the Creativity Program

image via engadget.com
image via engadget.com

TikTok only launched its Creator Fund a few years ago, but is already shutting it down in favor of a new monetization scheme that arrived earlier this year. "Starting December 16, 2023, the Creator Fund will be discontinued in the United States, United Kingdom, France, and Germany," a spokesperson told Engadget in a statement. "All creators currently enrolled in the Creator Fund can upgrade to the Creativity Program."

https://www.engadget.com/tiktok-is-shutting-down-its-2-billion-creator-fund-and-steering-users-to-the-creativity-program-091023832.html

YouTube made a video editing app — just like TikTok

image via theverge.com
image via theverge.com

The new app could encourage more people to make Shorts, YouTube’s take on TikTok-style videos; it’s generally easier to make a TikTok video than it is to make a full-fledged YouTube video, which is a key reason why TikTok has exploded in popularity.

https://www.theverge.com/2023/9/21/23883755/youtube-create-mobile-video-editing-app-tiktok-capcut