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The tech backlash has definitely picked up steam, although what form that takes remains uncertain.
Facebook’s Instagram is officially launching its answer to the hit short video app TikTok – Instagram Reels.
Instagram on Aug 5 added a new short-form video feature to the image-focused platform in a direct challenge to TikTok, which is in the crosshairs of US president Donald Trump.
Days after the US government challenged Facebook Inc’s growing power over social media in a Congressional hearing, the Trump administration handed the company a gift.
A growing number of US influencers are worried about TikTok’s future as the social video app faces growing scrutiny from the US government, rising competition from rivals such as Facebook and the defection of top level creators.
TikTok owner ByteDance has accused Facebook of plagiarism and smears although it did not elaborate on the accusation.
The heads of four of the US’s biggest technology companies – Alphabet Inc, Apple Inc, Facebook Inc and Amazon.com Inc – appeared before US Congress earlier last week to respond to criticism that they have too much market power. The hearing showed that lawmakers are beginning to understand what is and isn’t important when it comes to regulating these large businesses.
From spreading misinformation to allowing scammers to thrive, social media platforms are facing intense scrutiny for being slow to take action, and in some cases, not at all.
Facebook Inc has completed a series of deals for the right to show music videos, according to people familiar with the matter, vaulting the social network into a medium dominated by YouTube.
In a historic session on July 29, the CEOs of four of the world’s biggest technology giants appeared before a House subcommittee to answer wide-ranging questions about their anticompetitive practices and allegations they leveraged their powerful platforms to harm competitors.