Instagram Reels Becomes a $50B Business for Meta

When Reels debuted five years ago, it looked like a hurried wall built to slow TikTok’s advance. Few expected it to become one of Meta’s most profitable assets, generating revenue on the scale of global household names, and now preparing to follow viewers from their phones to their televisions. The numbers came into sharp focus … Continue reading Instagram Reels Becomes a $50B Business for Meta