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TikTok brings another monetization tool for its content creators called Series, which allows them to share premium content with their audience while presenting their talents and creativity.

In what appears to be a part of the company's ongoing cost-cutting measures, Amazon has decided to shut down its Amazon Academy, an online learning platform for high-school engineering aspirants.

Chinese internet giants and the video gaming industry is facing criticism from state media over their celebrity culture. This has also prompted a lawsuit filed against Tencent by Beijing prosecutors.