By Todd Spangler NY Digital Editor TikTok, the social-video company owned by Chinese internet giant ByteDance, pledged to donate $250 million in funds to support COVID-19 relief efforts as well as $125 million worth of advertising credits on the platform.
It’s the latest example of a big tech company looking to demonstrate that it’s a good corporate citizen amid the unprecedented global coronavirus, with TikTok following on the heels of efforts by Google, Facebook and Apple. “We are committed to playing our part in that global outpouring of mutual support and giving,” TikTok president Alex Zhu wrote in a blog post. “We want to magnify all we are seeing across our community and translate it into concrete relief for those most affected by
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