Instagram launches 'Reels', a TikTok clone
This week, the social network Instagram (which belongs to Facebook) launched in more than 50 countries a function to share short videos from the app. The tool is called 'Reels' and is quite similar to the TikTok platform. In fact, on launch day the Chinese company posted a message on Twitter saying "well ... this looks familiar."
Reels came to light a week after Facebook CEO Mark Zuckerberg defended the company's copycat strategies before US lawmakers in an antitrust hearing. Optimism about the tool led to Zuckerberg's net worth surpassing $ 100 billion this week.
Trump bans TikTok and WeChat in the US
By means of an executive order, President Donald Trump prohibited all transactions with ByteDance -the parent company of the social network TikTok- and Tencent -the owner of WeChat- from the next 45 days.
Trump evoked a "national urgency" in his move against the short-video mobile app that he accuses, without proof, of spying on its US users for the Chinese government.