TikTok expands ways for creators to monetize their TikTok by partnering with Teespring for app integration. Creators can sell merchandise created on Teespring directly through the app for followers to purchase. TikTok’s new feature trails Instagram’s and Facebook’s head first dive into the e-commerce game with their integration of Shops.
Mark Zuckerberg claims Apple’s app store is driving out competition at his companywide Facebook meeting. Via webcast Zuckerberg states, “Apple has this unique stranglehold as a gatekeeper on what gets on phones.” He goes on to say, “Apple’s app store blocks innovation, blocks competition, and allows Apple to charge monopoly rents.” His comments are timely, considering both Apple and Facebook are under fire for antitrust allegations.
Facebook continues to expand its efforts to stop the spread of election misinformation. Recently Mark Zuckerberg took to his Facebook page to announce that Facebook will stop accepting new political ads the week before the 2020 Elections. This update comes after the launch of Facebook's new Voter Information Center, aiming to make accurate voter information more accessible to eligible voters. Facebook is also putting a limit on the number of people you can share articles with each day to control fake news articles about the election and COVID-19 from spreading.
Snapchat saw a 25% increase in app downloads this August, and it might have something to do with TikTok (or so we’re guessing). However, with TikTok’s fate still up in the air, competitor apps see a spike in downloads from users and creators trying to save their short-form video careers. Despite Snapchat not being a direct competitor to TikTok, its demographic is still very similar. It plans to launch features like its new music powered vertical to attract some of TikTok’s users to use Snapchat.