Berliner Boersenzeitung - Instagram courts TikTok stars during turbulent times

EUR -
AED 4.245911
AFN 76.881606
ALL 93.218906
AMD 422.095048
AOA 1060.17747
ARS 1724.883763
AUD 1.638748
AWG 2.082491
AZN 1.923974
BAM 1.955777
BBD 2.321673
BDT 142.688326
BHD 0.434695
BIF 3451.159509
BMD 1.156136
BND 1.477083
BOB 13.699839
BRL 5.876985
BSD 1.152686
BTN 109.688713
BWP 15.558817
BYN 3.43236
BYR 22660.274138
BZD 2.318273
CAD 1.612984
CDF 2615.754722
CHF 0.935881
CLF 0.026829
CLP 1055.917611
CNY 7.801148
CNH 7.796157
COP 3633.557369
CRC 523.993852
CUC 1.156136
CUP 30.637616
CVE 110.263706
CZK 24.258167
DJF 205.267592
DKK 7.47791
DOP 67.289211
DZD 152.967205
EGP 57.293328
ERN 17.342047
ETB 186.049717
FJD 2.553385
FKP 0.857252
GBP 0.858528
GEL 3.017423
GGP 0.857252
GHS 13.526841
GIP 0.857252
GMD 84.950214
GNF 10123.881221
GTQ 8.794897
GYD 241.157171
HKD 9.066771
HNL 30.895638
HRK 7.536626
HTG 150.718232
HUF 363.096284
IDR 20580.38469
ILS 3.468236
IMP 0.857252
INR 110.076327
IQD 1509.982284
IRR 1590323.474144
ISK 142.597486
JEP 0.857252
JMD 183.057852
JOD 0.8197
JPY 182.445223
KES 149.15825
KGS 101.1045
KHR 4681.945069
KMF 492.513789
KRW 1627.678205
KWD 0.356853
KYD 0.960589
KZT 540.233662
LAK 26025.694653
LBP 103223.088933
LKR 386.635464
LRD 208.057559
LSL 18.72658
LTL 3.41377
LVL 0.699336
LYD 7.331914
MAD 10.743074
MDL 20.044765
MGA 4918.942288
MKD 61.529278
MMK 2427.365524
MNT 4157.296339
MOP 9.314591
MRU 46.338456
MUR 54.419029
MVR 17.862474
MWK 1998.776549
MXN 20.093332
MYR 4.728717
MZN 73.882875
NAD 18.72658
NGN 1577.96467
NIO 42.419502
NOK 10.997597
NPR 175.501941
NZD 1.96672
OMR 0.442445
PAB 1.152686
PEN 3.903654
PGK 5.09394
PHP 70.183287
PKR 320.014545
PLN 4.299908
PYG 6853.919586
QAR 4.213651
RON 5.24458
RSD 117.338623
RUB 94.338893
RWF 1694.980114
SAR 4.329449
SBD 9.325045
SCR 16.705104
SDG 694.261718
SEK 10.961097
SGD 1.467714
SLE 28.426407
SOS 658.792271
SRD 43.778844
STD 23929.689987
STN 24.499713
SVC 10.085882
SZL 18.72278
THB 38.21027
TJS 10.633575
TMT 4.058039
TND 3.38636
TRY 55.144817
TTD 7.812908
TWD 37.286097
TZS 3051.764195
UAH 51.625994
UGX 4293.949621
USD 1.156136
UYU 46.399456
UZS 13785.838257
VES 873.764445
VND 30295.977227
VUV 137.068231
WST 3.160548
XAF 655.949304
XAG 0.018188
XAU 0.000266
XCD 3.124516
XCG 2.077476
XDR 0.81579
XOF 655.949304
XPF 119.331742
YER 275.618798
ZAR 18.667349
ZMK 10406.616979
ZMW 21.756745
ZWL 372.275461
  • BCC

    2.3400

    86.6

    +2.7%

  • JRI

    0.1500

    12.81

    +1.17%

  • RIO

    1.4500

    101.1

    +1.43%

  • CMSC

    0.0240

    21.744

    +0.11%

  • RBGPF

    0.7600

    70.5

    +1.08%

  • GSK

    0.7900

    52.96

    +1.49%

  • BCE

    -0.0200

    22.75

    -0.09%

  • RELX

    0.0485

    35.52

    +0.14%

  • RYCEF

    0.2300

    20.85

    +1.1%

  • NGG

    0.4700

    80.88

    +0.58%

  • CMSD

    -0.1600

    21.82

    -0.73%

  • VOD

    0.1900

    16.19

    +1.17%

  • BTI

    0.6000

    59.33

    +1.01%

  • BP

    -0.6000

    41.63

    -1.44%

  • AZN

    1.4100

    161.42

    +0.87%

Instagram courts TikTok stars during turbulent times
Instagram courts TikTok stars during turbulent times / Photo: Kirill KUDRYAVTSEV - AFP

Instagram courts TikTok stars during turbulent times

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app's future remains uncertain in the United States.

Text size:

After officially increasing the allowed length of videos and adding a new editing tool, Meta recently began letting TikTok creators earn as much as $5,000 over the course of three months for posting "Reels" to Facebook and Instagram.

The "Breakthrough Bonus" program for eligible TikTok creators is intended to "help jumpstart their growth on our apps," a Meta spokesperson told AFP.

In addition, Meta is quietly offering incentives amounting to tens of thousands of dollars a month to get creators with large TikTok audiences to switch to rival platform Reels at Instagram, according to a report Wednesday in The Information.

"Meta has been trying to take advantage of the volatility around TikTok for months, and now its efforts to court TikTok creators have gone from subtle to overt," said Emarketer analyst Jasmine Enberg.

- Temporary reprieve -

The campaign to get TikTok stars to switch allegiance to Reels comes as TikTok's future in the United States remains unsettled.

TikTok is facing down a US law that ordered the company to divest from its Chinese owner ByteDance or be banned in the United States.

In one of his first acts in office, President Donald Trump ordered a pause on enforcing the law that should have seen TikTok effectively made illegal in the country on Sunday.

The executive order directed his attorney general to delay the implementation of the law for 75 days.

The TikTok ban passed due to concerns that the Chinese government could exploit the app to spy on Americans or covertly influence US public opinion through data collection and content manipulation.

TikTok briefly shut down in the United States late Saturday as the law's sale deadline approached, leaving millions of dismayed users barred from the app.

That same day, Instagram boss Adam Mosseri announced that video snippets shared on Reels could now last 3 minutes instead of 90 seconds, a limit set more than two years ago.

On Sunday, Mosseri announced a new video editing application will make its debut on iPhones in February.

That comes as TikTok's flagship editing tool, CapCut, has disappeared from mobile app stores in the United States because it's owned by the same parent company, ByteDance.

"There's a lot going on right now, but no matter what happens, it's our job to provide the best possible tools for creators," Mosseri said.

- Zuckerberg and Trump -

Analyst Enberg believes the new features won't be enough to win over the TikTok faithful, with some likely to be irked by "blatant copycat behavior" as many are "rattled" by Meta's moves to align itself with the Trump administration.

Meta chief Mark Zuckerberg has dined with Trump since his victory, openly praised the president and appointed Trump allies to positions of influence at the tech firm.

Meta also recently ended programs to prevent disinformation and vitriol on its platform, efforts long criticized by political conservatives.

While Instagram is considered the most likely alternative to TikTok, Chinese application named Xiaohongshu -- nicknamed "Red Note" -- is a preferred option for many in the United States.

Even though the app is in Mandarin, many see it as a way of thumbing their noses at Meta and US politicians.

"The potential of a cash bonus is going to be hard for TikTok creators to resist, regardless of how they feel about Meta," said analyst Enberg.

As for users, they will follow where their beloved creators lead, and there is no better way to get them to Instagram than money, Enberg reasoned.

(L.Kaufmann--BBZ)