Why did musically change its name to Tik Tok?

Related questions

1. Do we get paid on musically?
2. Do people make money on youtube?
3. Can you make money on Instagram?
4. Does TikTok give gifts?
5. Are they shutting down musical ly?
6. Who is Tik Tok owned by?
7. Can you make money on musical ly?
8. Do people make money on Tik Tok?
9. Is it true that Tik Tok is turning back into musically?
10. Who owns musical ly?

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11. #party
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13. #brand
14. #technology
15. #chinese
16. #products
17. #another
18. #tiktok
19. #meaning
20. #nearly