meta

• Instagram users now spend 20% of their time on the app watching Reels
• Companies like Google and Meta could face billion-dollar fines if they don’t comply with a new European Union law

  The Digital Services Act has been passed by the European Union. It will tighten enforcement standards on platforms like Facebook and YouTube.

  
• Instagram is testing the ability to make Reels from preexisting templates

  Creators who post short-form videos on Instagram Reels will soon be able to utilize Templates like the ones on TikTok.

  
• Meta and Spotify are shifting resources away from their Clubhouse competitors

  Meta is moving resources away from its Live Audio Rooms, and Spotify has killed the Creator Fund for its Clubhouse competitor Greenroom.

  
• Spring has hired a Facebook alum as its President and Chief Operating Officer
• Dispo among those hit by “burdensome, overbroad, vexatious and harassing” subpeona from Meta
• Horizon Worlds is rolling out a Reels-esque creator bonus program
• Facebook needed a way to stay ahead of TikTok. So it paid for smear campaigns in local newspapers.
• Meta, Twitch, Zynga among presenters for inaugural PlayFronts
• Meta, Rolling Stone team up to spotlight creators
• Meta’s ‘We The Culture’ initiative for Black creators turns its lens on Reels
• Instagram lets users set daily time limits. Now it appears to be raising them.