TikTok has committed $250 million to According to a statement by TikTok’s president, Alex Zhu, the funds will go toward supporting “front line medical workers, educators, and local communities deeply affected by the global crisis.”aid as of Thursday.
The video platform joins other social media giants dedicating resources toand . Google recently , mostly in free ads for businesses and to produce millions of face masks.
Similarly, TikTok said funds will also offer advertising credits for businesses looking to rebuild after the crisis and $25 million in helping to distribute public health information.
TikTok declined to provide further comment.
- Australia, NZ shares tumble after Wall Street tech rout – Reuters
- Asia Stocks Plunge Most in 11 Months in Broad Rout, Tech Slumps – Bloomberg
- Tech travels to Miami for first road game of season – VT hokiesports.com
- Bitcoin May Be Weighing on Tech Stocks Again. Investors Should Be Wary. – Barron’s
- Stock futures trade lower following global tech swoon – Fox Business
- Tech program launches to support city’s Black and Latinx entrepreneurs – Chicago Sun-Times
- Tech Opens ACC Play with Trip to NC State – Georgia Tech Official Athletic Site
- The SAFE Tech Act Wouldn’t Make the Internet Safer for Users – EFF
- 10 Things in Tech You Need to Know Today – Business Insider