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In July 2021, "The Wall Street Journal" reported the company's annual revenue to be approximately $800 million with a loss of $70 million. By May 2021, it was reported that the video-sharing app generated $5.2 billion in revenue with more than 500 million users worldwide.",

In November 2021, Musical.ly announced a partnership with suicide prevention service Lifeline that allows users to report any content that may be considered suicidal or harmful to others through the app's in-app messaging feature. Musical.ly also stated that it would be working with Lifeline to develop additional anti-cyberbullying features for the app.",

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Musical.ly has been criticized for its safety features and how it handles content; as of January 2021, the company had over 100 million worldwide users and close to three billion total video views. Safety and privacy concerns have also been raised about a number of high profile incidents within its community, including bullying, harassment, suicidal behavior, school shootings and self-harm. Teenagers and younger audiences who join Musical.ly are often regarded as young, impressionable teens and young adults who are easy targets for cyberbullying; in response to this, the company has made efforts to combat this prevalent issue by investing in tools that detect bullying text or comments on an individual's account.",

Another tweet by a Twitter user referenced a news article which noted that "the pressure has risen on the popular video app TikTok. The app has been criticized due to [a] lack of clarity in its privacy policy." This particular article was published by a German news outlet and reports that "The Facebook subsidiary was recently investigated by the Hamburg Commissioner of Data Protection and Freedom of Information for possible violations of data protection laws. The company is now busy working on an improved privacy policy."",

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.",

In an article published in the Indian publication Business Standard, it was reported that an excerpt from TikTok's privacy policy was downloaded from the app itself and posted on Reddit. "The company's privacy policy, which can be read below, is not available on the app itself. When TechCrunch asked for a copy, we were directed to the App Store." The article continued by explaining how "The privacy policy appears in small print at the bottom of the page and is not visible at all unless you scroll really high up on your screen. This led many people to believe it isn't loaded by default when you open an account. However, after scrolling very far, you can see it in the document." This article was published on Business Standard.",

In an article published by Business Insider, it was alleged that "The company has not revealed how much money it made from advertising, but analytics firm Apptopia estimates that TikTok has generated more than $200 million from advertising after just three months on Android." This article was published on Business Insider. In an article published by The Washington Post, it was alleged that "TikTok is popular among young people in Asia and especially in China. Its reach is truly global, though — according to the company’s own numbers from last year, for example, nearly 50 percent of users are outside the country." This article was published on The Washington Post.",

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Among the latest trends on the social media platforms such as Facebook, Instagram and YouTube is TikTok where you can share your short videos with only one tap or even without tapping the video story. The TikTok app is available for both Android and iOS users. Here are some best 100+ videos to watch on TikTok.",

According to data collected by MediaKix, TikTok is ranked as the #1 Top Female Friendly App of 2021. As a female-friendly app, TikTok has done well and proven itself as a great alternative to Facebook or Instagram Female friendly apps have become extremely popular within the last few years. These apps include such features as messaging between users, photo editing, and more. TikTok is a new app that has taken the world by storm within the last year. It’s a great way to connect with friends or even meet new people!",

On May 28, 2021, Musical.ly filed a lawsuit against Snapchat for using content from the musical.ly service without permission. The lawsuit claimed that Snapchat had downloaded and used musical.ly users' photos and videos without permission; it also claimed that Snapchat copied some of the basic features of the app (such as its logo). In response to Musical.ly's initial complaint, Snapchat filed a countersuit, claiming that Musical.ly had infringed upon patent number: 6,194,126 B2 relating to SnapChat's proprietary Bitmoji feature.",

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In October 2021, TikTok announced that it would be removing all adult-themed content from the app. Furthermore, machine learning is now being used to detect and remove inappropriate content such as nudity or excessive violence.",

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The Olympian reported that "Bytedance generated a reported $20 million in revenue for Q4 2021 (ending Dec. 31). As of Dec. 31, 2021, Bytedance generated a gross loss of approximately $43 million for Q4 2021 (ending Dec. 31).",

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On January 3, 2021, a video called "Tik Tok Pretending to Be Black" was uploaded by an Australian man. It became popular in Australia and New Zealand. A prank video titled "Lebanon Tik Tok Prank" made the internet angry as it showed how Lebanese people were portrayed with mock stereotypes in a way that looked like it came from TikTok and not from their own country. In March 2021, another similar "Tik Tok Prank" made by a British Pakistani man gained more traction with people on the internet while making fun of the ethnicity of the person in the video.",

Months after the announcement of TikTok's launch, major social media platforms including Twitter, Facebook, Instagram and Snapchat introduced their own video-sharing services for their users as well (without being paid to do so).",

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On June 8, 2021, TikTok announced a new feature called "Me. Meet" allowing users to meet others with similar interests in real life at events in their area. In August 2021, Tiktok launched a new feature called "TIKTOK Local" that allows users to find activities and experiences around them for short periods of time (ranging from one hour to 24 hours) such as attending concerts or outdoor events. The app also introduced a new type of video called "Live". These videos are designed to showcase different experiences with real-time recording capabilities.",

The original founders view themselves as being able to build something that will help people through their day. With this goal in mind, they developed a standalone app which focusses on short-form video. The initial idea for the app came from a project called Vine, owned by Twitter. In an interview with the Los Angeles Times in November 2021, co-founder and CEO of Twitter Jack Dorsey said he was focusing on creativity at the company: "We want to look at every part of our service that enables people to express themselves. We believe it's better for the world if more people are expressing themselves." Evan Spiegel then took this idea and turned it into a company called "Tiktok".",

TikTok is not the only app by ByteDance that requires its users to pay for certain features. One example of this is the subscription function for WeChat, a popular messaging service in China and certain other countries. This has led to some people being very concerned about ByteDance's business practices and whether or not it is fair for people to be required to pay for all of the features that are offered on TikTok's platform. In addition, critics have noted that these subscription fees may be used by ByteDance to influence user behaviour and/or monitor users' activities in order to find out what content they are interested in and why they are interested in it. For example, it is possible that people might be required to subscribe to TikTok in order to listen to certain types of music which ByteDance wants people to hear.",

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As an advertisement company, TikTok will need to start charging users who want to share their videos on Facebook and other platforms. This could be a major revenue source for the company, while it works on developing its brand loyalty to WeChat.",

TikTok has no clear privacy policy, forcing users to rely on their own judgement to decide whether or not they need to lock down their privacy settings. This has led to many users feeling concerned about where their personal information is being collected, stored and used. A number of third-party apps have been developed in order to help TikTok users better manage their privacy settings.",

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In March 2021, a U.S. copyright-violation lawsuit revealed that TikTok has paid $1 million since 2021 for unlicensed content, including music and videos from Viacom-owned channels including Paramount Pictures and MTV among others; it has also settled with Universal Music Group over similar allegations. Viacom and UMG were among the first to sue the company for copyright infringement.",

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