this post was submitted on 28 Dec 2023
188 points (95.2% liked)

Technology

59287 readers
4262 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
188
She spent her inheritance sending money to TikTok Livestreamers. What started as a game turned into addiction. (www.businessinsider.com)
submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world
19 comments fedilink hide all child comments
 

She spent her inheritance sending money to TikTok Livestreamers. What started as a game turned into addiction.::Cindi White spent more than $25,000 on TikTok Influencers. TikTok's Live Matches have a dark side.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] psychothumbs@lemmy.world 22 points 10 months ago (1 children)

Hard to have sympathy for this woman, but these TikTok battles where they basically have influencers competing to see who can get their followers to donate more money to TikTok do seem pretty fucked up.

[โ€“] Corkyskog@sh.itjust.works 10 points 10 months ago

Tiktok must make a killing. I did the math and the coin packages they offer vs what streamers return rates are means they are pocketing 40 to 60% of the money.