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Meta Platforms Inc. has announced a new bonus program specifically for Instagram creators, aimed at boosting their income through the creation of engaging content during the holiday season. This initiative is part of Meta's larger strategy to support and monetize content creation on Instagram, as well as Facebook, through new tools and subscription features that facilitate creator-follower interactions and enhance content visibility.

TikTok has announced the closure of its Creator Fund, an initiative launched in 2020 with the aim of financially supporting content creators. The decision comes after feedback from users who found the program complicated and limiting for earning potential on the platform. TikTok now shifts focus to its newer Creativity Program, which promises higher earnings for eligible creators.

In a bold move to generate revenue, Company X, led by CEO Elon Musk, is reportedly monetizing inactive usernames by putting them up for sale at $50,000 each. This strategy is part of Musk's efforts to streamline operations and boost the company's financial health, amidst challenges in profitability and user engagement.