Friday, 24 March, 2023

Facebook, Instagram to investment $ 1bn for content creators

<p>With mobile app rival TikTok announcing 3 bn global downloads, Facebook is ramping up the process to lure content creators and is investing $ 1bn for the same. The strategic investment will have bonus programs to pay creators, including photo-sharing service Instagram, and fund users to produce content. TikTok has committed $2 bn to support creators over three years while Snapchat pays creators a $1 mn per day.<br /> &nbsp;</p> <p>&nbsp;</p>