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"As users prefer to watch short form videos, we are increasing our focus on Reels on Facebook and Instagram," the company said in a statement.  The company also said that if you want to reach and engage with people through video, you can experiment with Reel and Reel ads on Facebook and Instagram.  You can also tag products in reels on Instagram.  Facebook said that anyone who has a checkout shop and wants to host a live shopping event on Instagram can do so.  If you want to protect previous live videos, you can download your video from your Page or Creator Studio, the company said.
The focus of the meta is now on reels
 Meta has surpassed the $1 billion annual revenue run rate from rival short-video making platform Reels and ads on Reels, Reels has more revenue than Facebook / Instagram Stories in the same time since launch.  Meta announced during its second quarter earnings call that people are spending 30 percent more time on reels.
Facebook App Update: Meta has long eyed the Chinese short video app TikTok.  After Tiktok was banned in India in the year 2020, Metta is like a lottery.  Meta gave the Reels feature to Instagram and today Instagram Reels has replaced TikTok in India.  But it seems Meta is not happy about this.
Meta has also changed the interface of Facebook.  After which now Facebook app looks like Tiktok.  Let's know about the new design of Facebook.

 Now Facebook app will be seen like this
 Facebook app has a new update coming soon.  After that a new home tab will appear.  In this home tab you will see photos, videos and statuses of friends.  In this home tab you will get page updates for likes and follows.  Suggested posts will also be found in this tab.  Not only that but posts related to Facebook browsing history will also be seen.
The new update of Facebook app will be seen from next week.  One problem after this update will be that if a friend of yours posts after a long time, their post will be less likely to appear on your timeline.  Because Facebook will now work on a completely new algorithm.  And will show content based on your search and interest.  In the new updated you will find many shortcut buttons
Meta Platforms, Inc., doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns Facebook, Instagram, and WhatsApp, among other products and services.
What is Meta in social media?
What Is Facebook's New Name Going to Be? The parent company of Facebook will now be named Meta, in reference to the metaverse — an integration of social media with virtual and augmented reality — which is to become the focus of the next chapter in the company's history
Who owns the Meta?
Mark Zuckerberg
The company owns Facebook, Instagram, and WhatsApp, among other products and services. Meta is one of the world's most valuable companies.
Meta Platforms.
What does Meta mean on Facebook?
Meta, for Facebook, directly refers to the metaverse that the company hopes to build over the next 10-15 years. A metaverse is a virtual space where users can come together (as in social media) via AR, VR, and cryptocurrency
How do I join metaverse?
Here is how to join the Decentraland Metaverse:

First, go over to the Decentraland website. Click on the "START EXPLORING" button in the top right corner. Now, you will be provided with two options: Play as a guest or Play using your wallet
Can you change Facebook app to Meta?
Facebook is rebranding as Meta — but the app you use will still be called Facebook. Facebook CEO Mark Zuckerberg delivers the keynote address during a virtual event on Oct. 28. Zuckerberg announced that Facebook will rebrand itself under a new name: Meta
Is the metaverse free to play?
The metaverse won't be free. But, it doesn't have to be more expensive than the modern internet. There will always be hardware and connectivity costs, but don't worry about not being able to pay your metaverse subscription
Who has access to the metaverse?
You'll have to connect your Facebook account to your profile, and be over the age of 18. If you don't have an Avatar, you'll be taken to the setup screen when you log into Horizon Worlds. Once you're in Horizon Worlds, you can choose to either explore the environments created by other users, or design your own space
Who bought land in metaverse?
Last year, virtual land developer Republic Realm bought land from video game company Atari in The Sandbox metaverse for a record $4.3 million, the Wall Street Journal reported.
Why isn't Facebook called Meta?
Facebook Inc. is now called Meta Platforms Inc., or Meta for short. The rebranding, to reflect what Facebook CEO Mark Zuckerberg said on Thursday, is its commitment to developing the new surround-yourself technology known as the “metaverse
Facebook Application
Find friends, watch live videos, play games & save photos in your social network

Keeping up with friends is faster and easier than ever. Share updates and photos, engage with friends and Pages, and stay connected to communities important to you. 

Features on the Facebook app include:

* Connect with friends and family and meet new people on your social media network
* Set status updates & use Facebook emoji to help relay what’s going on in your world
* Share photos, videos, and your favorite memories.
* Get notifications when friends like and comment on your posts
* Find local social events, and make plans to meet up with friends
* Play games with any of your Facebook friends
* Backup photos by saving them in albums
* Follow your favorite artists, websites, and companies to get their latest news
* Look up local businesses to see reviews, operation hours, and pictures
* Buy and sell locally on Facebook Marketplace
* Watch live videos on the go

The Facebook app does more than help you stay connected with your friends and interests. It's also your personal organizer for storing, saving and sharing photos. It's easy to share photos straight from your Android camera, and you have full control over your photos and privacy settings. You can choose when to keep individual photos private or even set up a secret photo album to control who sees it.

Facebook also helps you keep up with the latest news and current events around the world. Subscribe to your favorite celebrities, brands, news sources, artists, or sports teams to follow their newsfeeds, watch live streaming videos and be caught up on the latest happenings no matter where you are!

The most important desktop features of Facebook are also available on the app, such as writing on timelines, liking photos, browsing for people, and editing your profile and groups

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