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Instagram Launches TikTok Rival, Reels
August 05, 2020

As Microsoft Corp. races to complete its purchase of TikTok, the trendy Chinese app that allows teens to share lip-syncing videos, Facebook’s Instagram debuted its answer to the popular platform on Wednesday (Aug. 5). Get the Full Story Complete the form to unlock this article...

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Messenger Lets Businesses Reach Customers Beyond Facebook
August 04, 2020

Facebook Messenger is looking to make it easier for businesses to interact with customers with a new update, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Facebook To Debut Music Videos In The US
July 31, 2020

Facebook is enabling official music videos on its social media platform in the United States to help users unite over music. Users will have the ability to find, view and distribute music videos from emerging and top musical groups, as well as classics, throughout different...

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Zuckerberg: Competition Pushes Facebook To Innovate
July 28, 2020

Facebook CEO Mark Zuckerberg’s speech for the antitrust hearing before Congress on Wednesday (July 29) touts his company’s mission as one of connectivity, boosted by selling ads and debuting new services to connect to users, according to a transcript released by the U.S. House of...

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Instagram Extends Incentives To Attract TikTok Power Users For Reels
July 28, 2020

To encourage TikTok users with large followings to use a novel rival offering, Instagram has reportedly extended monetary incentives. Instagram had put generous deals before renowned TikTok creators to harness Reels, The Wall Street Journal reported, citing unnamed sources. Get the Full Story Complete the form to...

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Facebook Wins Temporary Reprieve From EU Competition Probe
July 28, 2020

Potential overreach by European Commission investigators has won Facebook a breather from an intensifying probe by the powerful regulator into alleged unfair competitive practices by Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Zuckerberg Likely To Warn Congress Against Weakening Big Tech
July 27, 2020

In his highly anticipated appearance before Congress on Wednesday (July 29), Facebook CEO Mark Zuckerberg is expected to say that the social media mega-company is an American success story. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Instagram Tests Personal Fundraising Feature
July 21, 2020

Instagram is debuting a new way to raise money, the company announced in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Facebook To Roll Out ‘Instagram Reels’ As A TikTok Rival
July 16, 2020

At a time when TikTok encounters questions from the U.S. government regarding its use of user information, Facebook plans to soon roll out a similar service called Instagram Reels in several countries. The offering will come to the U.S. in addition to over 50 nations in a...