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By Sheila Dang and Katie Paul (Reuters) - Reels, Meta Platforms' answer to viral short-form video app TikTok, elicited eyerolls when it launched in 20. ....
Meta revealed numbers that show Reels videos are growing rapidly among both users and advertisers and are quickly catching up to the ByteDance-owned TikTok app that is beloved by young users and has reshaped the social media landscape. ....
Reels Revenue: Meta says the rags-to-riches growth of Reels, which are viewable on both Facebook and Instagram, speaks in part to the company s improving recommendation software, long the Chinese-owned rival s strong point. ....
Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump. ....
Meta posts stronger-than-expected profit and revenue for Q2 as advertising rebounds euronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euronews.com Daily Mail and Mail on Sunday newspapers.