Meta’s Instagram is considering launching a standalone Reels app, improving recommendations, and distributing more three-minute-long videos, in an effort to compete with TikTok, The Information’s Kalley Huang and Kaya Yurieff report.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Wells Fargo disagrees with AppLovin short reports, stays Overweight
- Instagram’s Parent Meta Platforms (META) Issues Apology for Violent Reels Surge
- Wells Fargo (WFC) Becomes the Latest Bank to Roll Back Diversity Rule for Senior Hires
- Meta’s Instagram Could Spin Off Reels App to Leverage TikTok’s Uncertainty
- Wall Street Backs AppLovin (APP) Stock amid Short Seller Attacks