alex zhu

• TikTok Pledges $250 Million For Coronavirus Relief, $125 Million In Ad Credits For Small Businesses And NGOs
• TikTok CEO Cancels Capitol Hill Meetings Amid Investigation Into Chinese Surveillance, Censorship

  TikTok CEO Alex Zhu has recently said that he’s “quite optimistic” about an ongoing U.S. national security probe into the Bytedance-owned micro-video platform, amid concerns that the app is censoring content in accordance with the aims of the Chinese government, and collecting personal information on underage users.

  
• Musical.ly To Distribute $25,000 And $10,000 College Scholarships To Visionary ‘Musers’

  Five winners will receive a $25,000 educational grant to the college, university, vocational-technical, or trade school of their choosing, while 10 winners will receive a $10,000 grant to same.

  
• Musical.ly Puts $50 Million Into Its Creator Fund

  Musical.ly, the lip-syncing app for teens, put $50 million into its Creator Fund, with which it will offer scholarships and form a creator marketplace.