Meta (META) is offering creators with large TikTok followings bonuses ranging from $10K to $50K per month to post videos on Instagram Reels before other platforms, The Information’s Kaya Yurieff and Sylvia Varnham O’Regan report. Other companies in the social media space that compete with TikTok include Alphabet’s (GOOG) YouTube (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Meta tells Bloomberg to keep fact checkers outside U.S. ‘for now’
- Trump Dismantles Biden AI Framework with Executive Order
- META, PLTR, or MSFT: Which Tech Stock Is the Best Pick, According to Analysts?
- Love Him or Hate Him, Elon Musk Will Be the World’s First Trillionaire
- TikTok Ban or Not, Citi Sees These Winners from App Store Removal