Meta introduces 90-second length Reels and template features for Facebook

Meta revealed that it will support Facebook Reels up to 90 seconds long and would also be introducing some new creative tools. Facebook Reels had a 60-second time limit before. Once Meta introduced support for longer Instagram Reels of up to 90 seconds, the changes were made a few months later.

Users can also create Reels with trending templates using the new templates feature from the company. With the new feature, which was launched on Instagram Reels last year, users can create new Reels based on the templates of the one they just watched.

Big decision of Facebook, Youtube, Google; will block Russia’s state media

Facebook’s parent company Meta has made a big decision in the ongoing war between Russia and Ukraine. Meta Russian Media will block both RT and Sputnik in the European Union. The information has been provided by the organization’s Global Affairs Director Nick Clegg on Tuesday (Indian time).

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RT and Sputnik are Russian state-run media outlets that Meta will block across all its platforms. According to Nick Clegg, the company has received requests from the European Union and several governments.

Several governments and the EU have requested that additional action be taken against the Russian state-controlled media. At this time, RT and Sputnik will not be available in the EU due to the exceptional circumstances of the current situation.

The demand in Europe

The government has asked Meta to take action regarding Russian state media platforms. Clegg has stated that Meta constantly works with governments on this issue. RT and Sputnik, Russia’s state-controlled media outlets, were discussed by the European Union on Sunday.

Google has also implemented restrictions

Canada’s telecom operators have also banned RT channels. Media coverage in Russia has become a significant issue for tech companies during the ongoing conflict between Ukraine and Russia. This attack is described by Russia as a ‘special operation’. Meta wasn’t the only company taking action against Russian state-run media. YouTube and Google parent company Alphabet Inc. also took action.

Twitter and Facebook impact

YouTube has banned Russian media channels from earning revenue through advertising. Google has also taken numerous steps since then. On Twitter, RT and Sputnik have been banned from advertising since 2017. Further, technology companies are playing a major factor in the ongoing Russia Ukraine tension. Also, Russia has taken many tough steps against tech companies. Russia restricts access to Twitter and Facebook.

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Facebook offering opportunity to earn money! Users will receive part of the profits from Reels Videos

Facebook Reels have been launched globally. There is good news for those who share reels, i.e. short videos, on Facebook. Around 150 countries around the world are able to access Facebook Reels. Users of Android and iOS can use it. In the year 2020, Facebook Reels competed with Tiktok for the first time.

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Meta CEO Mark Zuckerberg said Facebook Reels will offer creators the opportunity to earn. Facebook will soon introduce a new feature for this purpose. Facebook is now planning to share a portion of the earnings from short videos with the makers of the reels. This initiative will begin on a pilot basis within the next few weeks on Facebook. Content creators will now be able to earn through Facebook by making reels.

Facebook made the decision because

In order to attract more and more content creators to its platform, Facebook has made this decision in light of the challenges Tiktok is facing in many countries. Meta reported sharing ad revenue with content creators creating reels in a pilot program.

Coming soon to India

Facebook said it would first begin sharing earnings in the US, Canada, and Mexico. In the coming weeks, it will be released in more countries. In India, which is Facebook’s largest market, the company plans to launch it soon.

In this way, advertisements will appear on the reels and earn revenue

1.) Users can watch reels without interruption and there is no interruption from advertisements under the current system. Facebook has now experimented with this new feature.

2.) A pilot program will allow content creators to choose between two ad formats.

3.) The first format is banners, and the second one is stickers. In a transparent manner, the ad will appear at the bottom of the Facebook reels. In stickers mode, the ad will appear on the reels like any other sticker.

4.) Content creators will be able to place stickers on any part of the reels they desire.

5.) You can better understand this by looking at these two pictures.

source – facebook

6.) In the picture, Facebook reels are shown with an ad like a sticker. – The bottom left of the picture shows it.

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Facebook loses 1 million daily users, company shares fall 22%

The decline in the number of Facebook users is resulting in Facebook losing users. The parent company of Facebook has announced that its profits have decreased due to a decrease in users. The company will also receive less advertising as a result of this. In the last few hours of trading, the prices of the company’s shares have fallen 22 percent.

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Additionally, the company informed the OTT platform

These disappointing results are also attributed to OTT platforms like Netflix, according to the company. The fourth quarter of last year saw Meta generate profits of $10.3 billion. This didn’t lead to a rise in daily users despite this. Despite the change of name to Metaverse at the end of October, this is the first result the company has posted since then.

Also to blame are India’s rising data prices

During the last two quarters of the year, Facebook lost nearly 1 million daily users. However, 2 billion people still use the app daily. David Weiner, the company’s Chief Financial Officer (CFO), said that adverse circumstances have reduced users worldwide. There is also the Corona pandemic in the Asia-Pacific region and the rising cost of mobile data in India. Competition service growth has been negatively impacted by these factors. Particularly youth usage has decreased.

Profits have decreased by 8 percent compared to 2020

However, the company has faced a number of abuse investigations and complaints. At the same time, executives have repeatedly claimed that Tiktok faces competition from other networks. Meta reported only 1.93 billion daily active Facebook users, instead of the expected 1.95 billion. A net profit of $10.3 billion was reported by Meteor in the fourth quarter of last year, a decrease of 8 percent from 2020, but sales remained strong at $33.67 billion.

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Shares of the company rise to $250

Meta attributed the poor performance to competition and disruptions in the supply chain, which adversely affected customers and advertisers. On the other hand, shares of Meta fell by 22 percent in after-hours trading, to $250. The company’s financial results in the fourth quarter were also negatively impacted by Apple’s advertising rules last year.

In Instagram Stories and Direct Messages, Meta now offers 3D avatars

Instagram Stories and direct messages (DMs) will soon include 3D avatars thanks to Facebook parent company Meta. This is Meta’s first step toward making the metaverse a reality with the release of its 3D avatars. A metaverse is a world that combines virtual reality with augmented reality, as well as more traditional platforms like your phone and computer, according to the company.

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People can express themselves more freely with avatars. Assistive devices and new facial shapes have been introduced by the company for people with disabilities. Avatars’ skin shaders have also been tweaked for a more authentic look.

Meta Introduces 3D Avatars to Instagram Stories

Facebook and Messenger are also receiving new 3D avatars from Meta. The feature will allow users to display their virtual self across apps in addition to stickers, feed posts, and Facebook profile pictures.

U.S., Canadian, and Mexican users can create 3D avatars at present. Apparently, the third dimension will automatically be added to the user’s avatar with this update.

“Since we unveiled our long-term vision for the metaverse at Connect 2021, we have been building out this next evolution of social and mobile technology, building toward a future in which you can be in the same room with loved ones who are thousands of miles apart or work naturally with a talented team that spans the globe,” Aigerim Shorman, Meta’s general manager for avatars and identity, wrote in a blog post.

It has been Meta’s top priority for a long time to realize its dream of a metaverse, which 3D avatars are very early steps toward achieving. During the Metaverse preview event held at Facebook Connect in October last year, Meta previously demonstrated its Codec avatars and real-time environment rendering.

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Facebook-Meta Earns the ‘Worst Company of 2021’ Title in Survey

This is based on a survey conducted by Yahoo! This year’s worst company was Facebook, now known as Meta, according to Finance’s annual list of the best and worst companies from around the world.

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The Chinese e-commerce giant Alibaba, which was runner-up, received 50% more support than the worst companies. Microsoft, however, was named the best company of the year.

Through Survey Monkey, a Yahoo!-powered open-ended survey was conducted. From Dec. 4 to Dec. 5, there were 1,541 visitors to the finance homepage.

Facebook and Meta were marked as the “Worst Company of the Year 2021” by individuals who were concerned about censorship. Some of these individuals felt the “free-speech-police” was unfair and they should have the right to express themselves as they please.

According to others, the rise of far-right extreme views in recent years can be attributed to Facebook or Meta. Meta was even accused by one respondent of “undermining democracy worldwide.”

A Facebook or Meta-owned app, Instagram, has also been cited as a concern regarding children’s mental health and its impact on mental health.

In response to a comment, a respondent suggested Facebook apologize for its actions and donate a significant portion of its profits to reverse the harm it caused. Others were intrigued by the idea of the Meta rebrand, seeing it as both something new and something different from the aging social media model. Many responses referred to executives and Mark Zuckerberg as the founder and CEO.

Only three out of ten survey participants believe that Facebook can recover from its mistakes, which indicates that the credibility of the company is also lacking.

At the other end of the spectrum, Yahoo Finance named the Microsoft Company of the Year for 2021 as a result of its $2 trillion market cap and a 53% gain in its stock price year-to-date.

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Rohingya refugees sue Facebook for $150 billion over Myanmar hate speech violence

A Rohingya refugee group filed suit against Facebook on Monday for $150 billion, claiming the social network failed to stem hate speech on its platform, which in turn exacerbated violence against the minority group.

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In the complaint, filed in a California court, the company claims its algorithms facilitate disinformation and extremist beliefs that manifest as violence in the real world.

“Facebook is a robot programmed solely with the goal of growing,” the court document states.

“The growth of Facebook, which is fueled by hate, division, and misinformation, has resulted in the destruction of thousands of Rohingya lives.”

Myanmar mainly discriminates against this group, which has lived in the country for generations but is scorned as an interloper.

Over a decade ago, millions of Rohingya were driven across the border into Bangladesh by a military campaign the UN said constituted genocide. Since then, they have lived in sprawling refugee camps in Bangladesh.

Others remain in Myanmar, where they are discriminated against and forced to live under violence by the ruling military junta.

According to Facebook’s legal complaint, its algorithms lead vulnerable users to join ever-more extreme groups, a situation that can be exploited by autocratic governments and politicians.

Facebook has long been criticized for failing to take adequate steps to prevent the spread of misinformation.

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The company does not act even when warned about hate speech on its platform, say critics.

Because of this, they accuse Facebook of spreading lies. Democracies such as the United States have experienced unfounded allegations of fraud impacting minority communities and tilting elections.

An insider leak this year sparked articles that suggested Facebook, whose parent company is now called Meta, was aware that their sites could harm some of their billions of users, but executives chose growth over safety.

An American congresswoman said that Facebook “finances ethnic violence” in some countries in October.

The content that users post on Facebook is generally protected from liability under US law.

A Rohingya lawsuit anticipates this defense and argues that, where applicable, Myanmar law should prevail as it does not have such protections.

It has been under intense scrutiny in the United States and Europe over election and coronavirus fake news. Questions about the lawsuit were not immediately answered by Facebook in the United States.

AFP has forged a partnership with the company for the purpose of verifying online posts and removing false information.

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Facebook removes ad targeting categories related to sensitive topics

Removing the detailed ad targeting options that handle issues and causes that may be problematic; as privacy regulations evolve, Facebook aligns itself accordingly.

Based on Facebook‘s explanation: “Detailed Targeting options relating to sensitive topics will be removed by the company, such as causes, organizations, or public figures dealing with health, race, ethnicity, political affiliation, religion, or sexual orientation, from January 19, 2022.

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In other words, there will be no way to target your ads based on topics such as ‘World Diabetes Day’ or other health issues, or based on sexual orientation, political beliefs, etc.

In this update, Facebook is removing thousands of ad targeting options because it incorporates a wide range of qualifiers.

There are a variety of affiliation-based topics to choose from if your target audience is interested in politics.

Those days are rapidly approaching an end, which will negatively impact cause-based marketers, political parties, healthcare brands, and many others.

Moreover, businesses that have developed their brand messaging around particular issues are likely to change their approach. Researchers have demonstrated that young consumers, in particular, support movements and causes they believe in. This has also been a valuable marketing tool for businesses to reach out to these communities. In this respect, the removal of these targeting elements may change things.

Although similar parameters can still be used to target audiences. Brands can still target people who like their page, or watching their videos, using Engagement Custom Audiences. As well as reaching similar people to your own email list, Lookalike Audiences might also be useful.

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Facebook won’t be held responsible for any misuse of such targeting for unintended purposes, which will help alleviate any potential calamities caused by such targeting. However, some categories will still be available for targeting, just not in such a specific way.

European Union’s GDPR law requires strict protection of consumer data. Without their express consent, Facebook is technically prohibited from targeting users based on these parameters. In 2018, a new law went into effect, which Facebook has been challenging ever since. As a result of a broader, global trend towards greater user privacy. The company appears to have conceded the point and aligned with more specific regulations.

From various perspectives, this makes sense! Another step toward reducing ad targeting options on the platform has been taken. Other potential discrimination factors have already been taken into account.

Despite these possibilities, there are still ways to circumvent Facebook’s ad policy. By removing these specific ad qualifiers, the company will ensure that it meets its legal obligations and will avoid potential penalties.

This reminds you that you must provide yourself with first-party data. Collect data about your audience no matter where you can, so you can make your own lists of focus points. Using these segments and targets, you don’t need to rely on built-in apps.

Social networks say they will continue to run ad sets with affected targeting options until March 17, 2022, but you’ll have to update your targeting preferences. In addition to providing alternative targeting recommendations, Facebook also says that it will do so through Ads Manager.

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