Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

ICE Asks Companies About ‘Ad Tech and Big Data’ Tools It Could Use in Investigations

January 30, 2026

Today’s Wordle #1686 Hints And Answer For Friday, January 30

January 30, 2026

Meta Seeks to Bar Mentions of Mental Health—and Zuckerberg’s Harvard Past—From Child Safety Trial

January 29, 2026
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » TikTok’s Creator Economy Stares Into the Abyss
Startup

TikTok’s Creator Economy Stares Into the Abyss

adminBy adminApril 29, 20242 ViewsNo Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

The US Senate passed a bill late Tuesday that allows the government to ban TikTok within a year if it doesn’t make meaningful progress toward separating from its China-based owner, ByteDance. President Joe Biden said in a statement after the vote that he would sign it into law on Wednesday.

The version of TikTok impacted by the legislation is not the same platform that then-president Donald Trump first tried to abolish back in 2020, citing national security concerns about its links to China. TikTok, its user base, and the ecosystem of creators making a living from the platform have grown, transformed, and matured since then. And the potential consequences of the app disappearing have become more significant.

TikTok’s US user base is much older than it was a few years ago, there are more alternative places to post short-form videos, and many longtime influencers say they feel jaded after having spent so long trying to fight the app’s critics in Washington. But the number of Americans who are financially dependent on TikTok has also grown, including a new class of creators with smaller followings who make a living from ecommerce-focused videos.

Speaking hours before the Senate passed the bill targeting TikTok late on Tuesday, creators and others who work in the influencer industry told WIRED its approval would threaten the income of at least tens of thousands of people in the US and leave them feeling outraged.

“This is my livelihood, this is how I am going to feed my child, this is how many people are feeding their children,” a Pennsylvania-based TikTok creator named Aubrey who posts under the handle Makeupfresh said. Aubrey, who asked to use only her first name for privacy reasons, said she and other creators she knows are planning to vote against lawmakers who backed the TikTok ban in the general election this November.

James Nord, founder of the influencer marketing platform Fohr, said that TikTok disappearing would be an “extinction-level event” for many creators. “Most of them do not have sustainable followings on other platforms,” he said. “And they’re not going to be able to migrate their following to Instagram.”

Tuesday’s vote was teed up by House lawmakers over the weekend, when they overwhelmingly approved a $95 billion foreign aid package that also includes the measures addressing TikTok. The bill provides funding for Ukraine, Israel, and Taiwan, and was fast-tracked after Iran’s retaliatory attack against Israel last week. It passed the Senate on Tuesday with bipartisan support, 79 to 18, but is likely to face significant legal challenges—including from TikTok, according to reporting from The Information.

TikTok did not respond to a request for comment. In a statement to Reuters on Saturday, the company accused elected officials of “using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans.”

Prasuna Cheruku, founder of the influencer management agency Diversifi Talent, said that some of the veteran creators she works with didn’t think the ban would actually pass, but that the political drama and TikTok’s evolution have caused some of them to become disillusioned with the app.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

ICE Asks Companies About ‘Ad Tech and Big Data’ Tools It Could Use in Investigations

Startup January 30, 2026

Meta Seeks to Bar Mentions of Mental Health—and Zuckerberg’s Harvard Past—From Child Safety Trial

Startup January 29, 2026

The Math on AI Agents Doesn’t Add Up

Startup January 28, 2026

How Claude Code Is Reshaping Software—and Anthropic

Startup January 27, 2026

China’s Renewable Energy Revolution Is a Huge Mess That Might Save the World

Startup January 25, 2026

How China’s ‘Crystal Capital’ Cornered the Market on a Western Obsession

Startup January 24, 2026
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

ICE Asks Companies About ‘Ad Tech and Big Data’ Tools It Could Use in Investigations

January 30, 2026

Today’s Wordle #1686 Hints And Answer For Friday, January 30

January 30, 2026

Meta Seeks to Bar Mentions of Mental Health—and Zuckerberg’s Harvard Past—From Child Safety Trial

January 29, 2026

Today’s Wordle #1685 Hints And Answer For Thursday, January 29

January 29, 2026

The Math on AI Agents Doesn’t Add Up

January 28, 2026

Latest Posts

How Claude Code Is Reshaping Software—and Anthropic

January 27, 2026

U.S. Revamps Wildfire Response Into Modern Central Organization

January 27, 2026

Studies Are Increasingly Finding High Blood Sugar May Be Associated With Dementia

January 26, 2026

China’s Renewable Energy Revolution Is a Huge Mess That Might Save the World

January 25, 2026

Google’s Last Minute Offer For Pixel Customers

January 25, 2026
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2026 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT