San Francisco: Chinese short-video making app TikTok has shut down its $1 billion creator fund from December 16. Creators in the US, UK, Germany and France will no longer be able to monetise their work through the original fund, a TikTok spokesperson told The Verge. The TikTok creators’ community in Italy and Spain aren’t affected by the development. The TikTok’s original fund was launched in 2023 with a three-year commitment. Creators who are part of the fund will be able to roll over to the Creativity Programme, the report mentioned. However, influencers and other content creators cribbed about low payouts, “making it impossible to earn a living through the creator fund alone”. In May, th
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