Facebook

• Meta’s TikTok-ification continues with a new algorithm for Facebook Reels
• Meta is doing away with monthly Reels Play payouts

  "We will stop extending new and renewed Reels Play deals for creators on Facebook and for US creators on Instagram at this time," a Meta spokesperson said in a statement.

  
• Reels creators say their monthly payouts have been cut by as much as 70%

  Creators making money through Instagram’s Reels Play bonus program told Financial Times their payments have suddenly been cut by up to 70% in recent weeks.

  
• Meta Ordered To Sell Giphy — Which It Acquired Last Year — By U.K. Competition Regulator

  Competition and Markets Authority (CMA), the U.K.’s competition regulator, has directed Meta -- formerly known as Facebook -- to sell Giphy, the GIF database that it acquired in May 2020 for a reported $315 million.

  
• Facebook Is Helping Content Creators Duck App Store Fees
• Facebook Gaming Is Scoring More Watch Time Than YouTube, Despite Having 100,000 Fewer Streamers
• TikTok Activist Amelie Zilber Dropping Brat-Produced Facebook Show
• Facebook Unveils Central Hub For All Audio Formats Within ‘Watch’
• Facebook’s New $10 Million Fund Will Pay Creators To Make VR Content
• Facebook Unveils Hub For ‘Fantasy Games’, But Without Actual Betting
• Facebook Reopens Applications For Its $10 Million Black Gaming Creator Program
• 19-Year-Old TikTok Phenom ‘SeanDoesMagic’ To Premiere Brat TV-Produced Series On Facebook