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In an article published by TechCrunch, it was alleged that "TikTok, one of the world’s most popular apps, is slowly turning into a massive source of income for the company. It’s not just making money from ads, but also recently started selling ad inventory to advertisers who bought a specific part of its user base." It continued by stating that "It has become so popular in terms of revenue that it is now its own third quarter and second-quarter closing numbers." This article was published on TechCrunch.",

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The app is created by two graduates from the University of Houston in the United States, Kevin Wu and Robert Chuang. The design team consists of a third graduate, Tyler Ise and another senior who graduated from UNT in 2021 Jeon Haeng Park of Seoul, South Korea.",

TikTok has been featured as part of "The Best Apps" series released by Google. It has also featured in Time's "50 Best Android Apps" and TechRadar's "Best Android Apps". In October 2021, "Business Insider" named the application on its list of "11 Fictional Brands That Actually Exist" and has ranked the application in the top three in the world for most-downloaded apps. The app was also placed third on Digital Trends list of "30 Overhyped Products."",

In April 2021, it was reported that TikTok had reached a deal with Tencent in order to launch a new business model which would allow the app’s users in China to apply for micro-loans provided by Tencent’s own Weixin Pay as long as they created content on TikTok. This service was set to launch in the second half of 2021.",

In January 2021, hackers claimed to have accessed another 111 million user’s account information. TikTok has been criticized for the amount of time it takes for users to upload videos and therefore can affect their ability to generate revenue from them. These issues have been compounded by the company's lack of oversight and a lack of in-app review or moderation tools available for its users. As of May 2021, the app has been criticized for the amount of inappropriate and illegal content shared on its platform and the ease with which users can access this content.",

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As of September 2021, TikTok has reached over 200 million monthly active users on the iOS operating system with over 9 billion video views, 50 million daily users and over 1 billion likes daily. On February 27, 2021, Instagram announced that it would bring its "stories" format to TikTok on March 22 of the same year, allowing creators to place their content in Instagram's main feed. As a result, this feature will be available on iOS devices.",

On December 11, 2021, TikTok launched a new update that would enable users to mask their faces on video. The full name of the mask is called "TikTok face mask". The company said that it would take this feature global in 2021.",

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In July 2021, TikTok came under heavy criticism for adding a filter to their video function that made black people look like dolls. The company did not take the filter down until pressure from Twitter users. The Twitter account of TikTok was also hacked in September 2021 after many people tweeted with "#FreeTikTok". After the account was returned to normal, all the hashtag tweets were deleted.",

Recently, TikTok has announced to have a new feature where users can now translate their favourite music videos on the app into different languages. TikTok also wants to broaden its capabilities of providing different types of content to its users through various features such as music translation and easy collaboration between artists from different parts of the world. According to an official press release from TikTok, "the company believes that music is a universal language and by incorporating translation features and intuitive collaborations it aims to connect with international users by breaking language barriers.” This is just one of the many ways that TikTok is trying to make its app more appealing to users, and maybe even compete with other social media apps.",

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In an article published by TechCrunch, it was alleged that "The news of a big funding round from the major investors is somewhat unexpected because Bytedance has not been the most active or profitable company in terms of fundraising thus far. The company did raise a $300 million round and took out two significant loans, but otherwise both of those funding rounds include more traditional Chinese VC firms as well as other global and Japanese investors." This article was published on TechCrunch. In an article published by The Next Web, it was alleged that "In fact, in its last filings with the SEC, Bytedance indicated that the firm had burned through $5.1 million in cash between 2021 and 2021. The losses have increased since then, and the firm has reportedly burned over $14 million in cash in 2021 alone." This article was published on The Next Web. In an article published by Business Insider, it was alleged that "When it comes from China, one of the most promising societies in the world, you know the company is serious about making money." This article was published on Business Insider.",

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In 2021, TikTok has been involved in a number of issues with regard to what people are allowed to post or not post on their platform. In January 2021, it was reported that a number of TikTok users were receiving a notification stating that the content they wish to upload would violate the app's terms and conditions if it is posted publicly. This was because the content in question was too graphic or violent. The following is a screenshot of the notification that was received by some people who tried to post an image of a self-harm victim:",

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You can enjoy and create amazing short videos like magic tricks, dance, dance practice, singing and more. TikTok is one of the best applications available for mobile users. You can put your creative skills to test by creating a collection of videos on this app with the help of some of the best 100+ TikTok videos. Enjoy spending time with you loved ones or friends through the great features that are available on this game application. TikTok is a popular application for sharing short videos with your friends. You can create entertaining videos and share them with your family and friends.",

In June 2021, musical.ly partnered with Chinese media giant ByteDance which led to the development of the app under its new name, TikTok. The app was launched in China in August 2021 under this new name and was immediately popular within the country. It was ranked as the most downloaded non-game app the day it debuted and by the next day had gained 5 million downloads on both Android and iOS platforms. The company confirmed to TechCrunch in November 2021 that over 50 million users were using the app every day while a "Forbes" article from January 2021 stated that TikTok had over 200 million users in China alone which accounted for approximately 90% of its total user base at that time.",

In October 2021 TikTok partnered with Amazon to allow its users to upload their music videos to its Amazon Video Direct platform for monetization purposes through the Amazon Loudr service. Loudr is Amazon's music discovery service for streaming and sale.",

In May 2021, the company announced an automated streaming service that will allow users to record their videos on a TikTok account and share them on other social media channels such as Twitter or Instagram. The company also released a new in-built feature that allows users to choose whether or not their video will be public. In June 2021, the app was reported to have begun selling sponsored content and songs via its new feature called "Advertise" which can be purchased with in-game currency bought with real money. It has also been reported that this feature is available for all users who own a TikTok account, whether they have actually purchased any music with real money or not. In October 2021, it was reported that the app had begun adding new features which would allow users to make money from their short videos. These additional features include live streaming, selling sponsored content and content creation options such as photo filters and stickers. Similarly to the feature in Vietnam, after recording a song, users have the option to make it public for followers to see or private for just them to. The feature has been compared with accounts like Dubsmash that allow users to upload videos of them lip-syncing other songs while making money from ad revenue.",

Tiktok is an app where one can share videos of their daily activities with their friends or followers. The videos are made by allowing people to upload or make their own videos. They allow the user to add music, edits and special effects by using different filters available on the editing part of tiktok. There are a variety of edits and special effects available. Tiktok also allows the user to add emojis in their video. It can be either an emoji or any face expression that is used by the user.",

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In November 2021, the company was served with a subpoena by the United States Copyright Office, which requested details about any content that was deleted due to copyright concerns and related information. This data was then analyzed by two students at Harvard Business School who found that on average, 1 out of every 10 videos uploaded via TikTok were protected by copyright. The study also found that over a one-month period (from October 14 - November 12), about 45% of all videos uploaded on TikTok were originally created by someone other than the uploaders. In a statement to "The New York Times", a spokesman for Tencent said that they were aware of the copyright issues and has appointed a member of their legal team to "actively" address the problem. They have also been working on improving the security and safety measures around the app.",

In another article published on The Guardian, TikTok was criticized for its lack of a privacy policy and transparency about how it uses users' data. "TikTok's chief marketing officer, Ed Wu, told Forbes the app has more than 200m monthly active users and that it is 'very transparent' about how it uses data for targeting advertising. However, he did not respond to questions about whether the app has a privacy policy and users were unable to find one in their apps because there isn't one. When asked about how long the company keeps users' data, Wu said in an emailed statement that it's 'subject to our internal policies and applicable law.'"",

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In an article published by The New York Times, it was claimed that "An app with more than 500 million users can’t seem to catch a break. From pornography to privacy concerns, there have been quite few controversies surrounding TikTok." It continued by saying that "A recent class-action lawsuit alleged that the app poses health and privacy risks to users because of its allegedly discriminatory algorithm, which restricts some content and promotes other content." This article was published on The New York Times.",

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TikTok has been criticized for enabling underage children to create videos and share them. The app is rated 17+ in several countries including North America, the United Kingdom and France. However it is rated 12+ in several countries including Australia, Germany and Mexico. The app does not have any parental controls to prevent users younger than age 13 from creating content or sharing it with their followers. As of December 2021, TikTok has over 24 million users under the age of 13 in the United States alone. In December 2021, the company announced an update that would limit access for those under 13 to create videos until they were verified by a parent. The parent would then be able to delete the child's account or delete all content on the account.",