TikTok is testing the idea of allowing its creators to charge subscriptions for their content, a spokesperson told The Information. Earlier Wednesday, rival Instagram announced it was offering paid subscriptions to a small group of influencers. Currently ByteDance-owned TikTok supports tips, which let fans send creators money through their profiles. Viewers can also react to videos by buying...
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The Briefing startups uber/lyft
Oscar Health’s New CEO Has a Tough Job—but Lyft’s New CEO Has It Worse
Mark Bertolini must be feeling pretty good. Since he was named the new CEO of Oscar Health on Tuesday, Oscar’s long-suffering stock has bounced 78%. OK, skeptics will point out that bounce was off a very low base—the stock was at $3.59 on Monday. And even after the rally, Oscar stock is still down 84% from its initial public offering price. But any stock lift is better than the alternative,...
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