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Meta courting TikTok creators with cash bonuses, The Information reports

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).

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