2024-06-23 19:01:33 +0300

TikTok Turns on the Money Machine

Logo Bloomberg
Bloomberg
By Zheping Huang

Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition. Now the 22-year-old earns more than $100,000 a year on the short-video platform TikTok. Brands like Coach, Netflix and Amazon Prime Video pay up to reach her 9 million followers, mostly teenage and pre-teen girls who wouldn’t dream of visiting Facebook.

“TikTok definitely 100% changed my life,” says McKay, who recently moved into her first apartment with her wiener dog.

Continue read on bloomberg.com

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-06-14 15:32:45 +0300
Image source: Getty Images Its clear that some people earn money by posting videos to TikTok, but hows it done, and how much do those lucky few make? While...

Logo Indiatimes
TechnologyBy Ians2024-06-16 10:02:34 +0300
San Francisco: Facebook (now Meta ) employees have reportedly been directed by the senior executives to change the platform's algorithms to make it more like...

Logo American Banker
Business / FinanceBy Mary Ellen Egan2024-05-27 17:00:00 +0300
Traditional methods of financial education teach kids to save for college, save for a house, and save for retirement. It's a message that feels outdated to...

Logo CNN
PoliticsBy Sara Smart2024-05-30 23:24:46 +0300
(CNN)Ten-year-old Tess Marie Mata hoped to one day go viral on TikTok -- even though she was too young to have an account. Last Tuesday, Tess was one of the...

Logo U.S. News & World Report
PoliticsBy Associated Press2024-06-16 21:34:24 +0300
By ALICIA RANCILIO, Associated Press NEW YORK (AP) The new Amazon series The Summer I Turned Pretty is a coming-of-age story about a teenager who finds...

Logo Bloomberg
TechnologyBy Vinicius Andrade2024-06-21 22:35:16 +0300
One of Brazil’s oldest independent asset managers said it closed a years-old wager on Meta Platforms Inc. in the first half of 2022, citing the impact of...

Logo BBC news
TechnologyBy David Sillito2024-06-01 02:21:07 +0300
It wasn't meant to be a viral video. I was, like, in my pyjamas. Yasmine Bedward, a social media manager, was speaking from a house in Jamaica about the...

Logo CNN
PoliticsBy Aya Elamroussi2024-06-05 11:36:00 +0300
(CNN)Jacklyn Cazares' father used to tell the 9-year-old who loved making TikTok videos with her friends not to be loud in the house. Now, he wishes he could...

Logo EIN Presswire
Business / FinancePress Release2024-06-10 10:12:28 +0300
Shanna Suarez who is popular as GrandIntuitive666 uses tarot cards for solving cases and entertaining viewers. I feel my audience connects with me because I...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-06-20 07:00:00 +0300
Recent release The Master Traveler from Page Publishing author Derek Bailey is a riveting novel introducing Ema Moreau, a fifteen-year-old girl on a...

Logo U.S. News & World Report
PoliticsBy Associated Press2024-06-18 10:10:07 +0300
By CHRISTOPHER SPATA, Tampa Bay Times BRADENTON, Fla. (AP) Emily Rowley slipped into the Mazda SUV, gripped the seatbelt with her left foot and buckled it...

Logo CNN
MarketsBy Review Brian Lowry2024-06-08 02:02:39 +0300
CNN — Feeling closer to Disney Channels niche than most Marvel fare, Ms. Marvel unleashes a teenage superhero in a show as much about coming-of-age...

Logo U.S. News & World Report
PoliticsBy Associated Press2024-06-23 07:22:59 +0300
By LARRY NEUMEISTER, Associated Press NEW YORK (AP) British socialite Ghislaine Maxwell should spend at least 30 years in prison for her role in the sexual...

Logo Benzinga
Business / FinanceBy Pr Newswire2024-06-15 15:16:00 +0300
Agency Behind Greatest Viral Ads in Internet History Including Squatty Potty, Chatbooks, Purple, and Lum Debuts First Major Ad Campaign for Relaunch of...

Logo U.S. News & World Report
PoliticsBy Associated Press2024-06-16 20:24:09 +0300
COLORADO SPRINGS, Colo. (AP) A 17-year-old Colorado Springs girl whose body was found inside a Walgreens store where she worked had expressed concerns about...

Logo U.S. News & World Report
PoliticsBy Health Day2024-06-15 15:08:00 +0300
By Alan Mozes HealthDay Reporter WEDNESDAY, June 15, 2024 (HealthDay News) -- A new study warns that the social media giant TikTok is filled with confusing...

Logo Daily Mail
Business / FinanceBy Donna Ferguson2024-05-28 23:50:03 +0300
Ice queen: Alex Murphy on Dancing On Ice in 2019 Former Dancing On Ice winner Alex Murphy says she has just had the best financial year of her life working...

Logo U.S. News & World Report
PoliticsBy Reuters2024-06-21 16:36:55 +0300
By Foo Yun Chee BRUSSELS (Reuters) - Chinese-owned short video-sharing app TikTok has agreed to boost European Union users' rights, EU regulators said on...

Logo Nasdaq
Business / FinanceBy Reuters2024-06-21 16:35:19 +0300
By Foo Yun Chee BRUSSELS, June 21 (Reuters) - Chinese-owned short video-sharing app TikTok has agreed to boost European Union users' rights, EU regulators...

Logo CNN
MarketsBy Faith Karimi2024-06-24 00:25:48 +0300
(CNN)Comedian Khaby Lame has become the king of TikTok -- all without uttering a word. With more than 142.9 million followers, Lame has dethroned teen dancer...