Photo: Jakub Porzycki/NurPhoto via Getty Images

TikTok may add a direct shopping tool for users as it secures big advertisers like Walmart, Nike and Asos, the Financial Times reports.

The big picture: Blake Chandlee, vice president of global business solutions for TikTok, told FT that the app's current growth stage is "very similar" to when he joined Facebook in 2007.

  • The average TikTok user spends roughly "250 to 300 seconds on the app per session" — nearly double the amount of time spent on Instagram, a senior advertising executive told FT.
  • More young teenagers use TikTok than Facebook, data from the Morning Consult shows — but Snapchat and Instagram still have more Gen Z users than TikTok.

Yes, but: "TikTok offers less granular detail on who its users are," FT's Hannah Murphy writes. "It is not a conventional social network, where groups of people can be graphed and segmented, but a service that broadcasts clips to its audience."

Go deeper: TikTok's rise lands it in critics' crosshairs

Go deeper

Updated 8 hours ago - Politics & Policy

Trump's Tucker mind-meld

Photo illustration: Sarah Grillo/Axios. Photo: Roy Rochlin/Getty Images and BRENDAN SMIALOWSKI/AFP via Getty Images

If you want to understand the rhetorical roots of Trump's Independence Day speech at Mount Rushmore, go back and watch Tucker Carlson's monologues for the past six weeks.

Between the lines: Trump — or rather his speechwriter Stephen Miller — framed the president's opposition to the Black Lives Matter protest movement using the same imagery Carlson has been laying out night after night on Fox.

Updated 10 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 6 p.m. ET: 11,366,145 — Total deaths: 532,644 — Total recoveries — 6,154,138Map.
  2. U.S.: Total confirmed cases as of 6 p.m. ET: 2,874,396 — Total deaths: 129,870 — Total recoveries: 906,763 — Total tested: 35,512,916Map.
  3. States: Photos of America's pandemic July 4 ICU beds in Arizona hot spot near capacity — Houston mayor warns about hospitals
  4. Public health: U.S. coronavirus infections hit record highs for 3 straight days.
  5. Politics: Former Trump official Tom Bossert says face masks “are not enough”
  6. World: Mexican leaders call for tighter border control as infections rise in U.S.
  7. Sports: Sports return stalked by coronavirus
  8. 1 📽 thing: Drive-in movie theaters are making a comeback.

Bolton's hidden aftershocks

Photo illustration: Sarah Grillo/Axios. Photo: Justin Sullivan/Getty Images

The news media has largely moved on, but foreign government officials remain fixated on John Bolton's memoir, "The Room Where It Happened."

Why it matters: Bolton's detailed inside-the-Oval revelations have raised the blood pressure of allies who were already stressed about President Trump's unreliability.