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Facebook readies global launch of its TikTok competitor

Facebook readies global launch of its TikTok competitor

SOCIAL MEDIA NEWS

Facebook readies global launch of its TikTok competitor

Popular social media applications logos are displayed on the screen of an Apple iPhone.Chesnot | Getty Images News | Getty ImagesFacebook will launch Instagram Reels, its answer to TikTok, in the United States and more than 50 other countries in a matter of weeks, according to sources familiar with the matter who were not authorized to speak publicly.The global launch, which has been in the works for over a year, comes as TikTok is facing scrutiny from Washington over its handling of user data and amid larger tensions between the United States and China.Like TikTok, Instagram Reels lets users make and share 15-second video clips set to a vast catalogue of music. Like TikTok, users can also borrow and remix audio from other people’s videos. And, like TikTok, users could see their clips go viral in a “Featured Reels” section of the most popular videos.Read more from NBC News:E.U. court cancels U.S. data-sharing pact over snooping concernsAfter Twitter cyberattack, GOP senator calls on Jack Dorsey to work with fedsAs the U.S. weighs a ban on TikTok, the app’s young stars consider their next moveFacebook first launched Reels in Brazil last November and expanded it to France and Germany last month. It launched in India last week — just days after India banned TikTok and more than 50 other Chinese apps citing privacy and security concerns.Facebook will launch Reels in the United States, the United Kingdom, Japan, Mexico and roughly 50 other countries. Users will be able to access Reels through a new icon at the bottom of their screen in Instagram and post Reels to Instagram Stories.The new service may give Facebook, which has nearly 3 billion users across its services, the chance to stem the rapid rise of a rival service. Facebook has sought to counter rivals by mimicking their services before, including with Instagram stories, which imitated a similar feature from Snapchat.”We are in a place where we have to be willing to acknowledge when someone did something awesome and try to learn from it,” Adam Mosseri, the head of Instagram, said in an interview earlier this year when asked about Snapchat.At the same time, TikTok has become so wildly popular, especially among teenagers, that it may be too late to check its rise without government action. The service now has more than 30 million active users in the U.S., and has captured the cultural zeitgeist.In recent months, the U.S. government has grown increasingly fearful that TikTok is violating user privacy and sharing data with the Chinese government. TikTok denies that accusation, and policy experts dispute whether such concerns are justified.The White House is considering a ban on TikTok in the U.S., as well as a plan to try to force ByteDance, TikTok’s parent company, to sell the service to a non-Chinese company.Last fall, the Committee on Foreign Investment in the United States (CFIUS) opened an investigation into ByteDance and its 2017 acquisition of Musical.ly, the company it used to launch TikTok in the U.S.If CFIUS were able to demonstrate that TikTok was sharing data with the Chinese government, it could try to force ByteDance to sell Musical.ly, thereby disbanding TikTok’s U.S. business.Aneesh Chopra, who served as the first-ever Chief Technology Officer of the United States under President Barack Obama, said that if the U.S. does decide to take action on TikTok, “the CFIUS path is the only one that is possible.”Subscribe to CNBC on YouTube.


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