Facebook Inc. is readying its answer to TikTok, called Instagram Reels, in the U.S. and dozens of other countries in the coming weeks, according to an NBC report. Instagram Reels would allow consumers create and share 15-second video clips set to music. Facebook's gambit comes amid a worldwide advertising boycott against its platform's content and a July 27 antitrust hearing in Washington, D.C., in which Chief Executive Mark Zuckerberg will testify with CEOs from Apple Inc. , Amazon.com Inc. , and Google parent Alphabet Inc. . TikTok faces problems of its own. It is under scrutiny from the Beltway over its handling of user data as tensions escalate between the U.S. and China. Read More...
Facebook Inc. is readying its answer to TikTok, called Instagram Reels, in the U.S. and dozens of other countries in the coming weeks, according to an NBC report. Instagram Reels would allow consumers create and share 15-second video clips set to music. Facebook’s gambit comes amid a worldwide advertising boycott against its platform’s content and a July 27 antitrust hearing in Washington, D.C., in which Chief Executive Mark Zuckerberg will testify with CEOs from Apple Inc. , Amazon.com Inc. , and Google parent Alphabet Inc. . TikTok faces problems of its own. It is under scrutiny from the Beltway over its handling of user data as tensions escalate between the U.S. and China.
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