Facebook's $1 billion influencer gambit

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TikTok is now the first non-Facebook app to reach three billion downloads globally, Sensor Tower reported Wednesday, an achievement made all the more notable when taken alongside news of Facebook's plan to pay creators $1 billion through the end of 2022, per CNBC.

Facebook's billion-dollar gambit is just the latest in the creator-courting "arms race," The New York Times writes, and plays into a larger effort from the social network to pry influencers away from apps like the record-breaking TikTok and onto its platforms. TikTok already has its own "deep relationships" within the creator community.

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Direct payments are becoming an "increasingly common way to try and pry creators away from TikTok," the Times writes. Snapchat tried something similar last year, and Facebook had previously paid TikTokers and Youtubers to use certain Instagram features.

"We want to build the best platforms for millions of creators to make a living," said Facebook CEO Mark Zuckerberg. "Investing in creators isn't new for us, but I'm excited to expand this work over time."

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.