Instagram's Reels competes with ByteDance's TikTok and YouTube Shorts, as users find short-form videos more engaging, driving marketers to adopt the format at a time when Meta is looking to boost revenue from the product by placing more ads. If a TikTok ban takes effect in the U.S., Reels and YouTube Shorts could become attractive alternatives for advertising, potentially boosting Instagram's growth.
Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978
Global consumption of coal is set to reach a new peak in 2024 – driven by rising demand in China, India and Indonesia, the International Energy Agency (IEA) said in its latest report, released Wednesday. The IEA’s Coal 2024 report forecasts that global demand will surpass 8.9 billion tonnes this year, marking the third consecutive annual record.The agency now predicts coal consumption will peak in 2027, revising earlier estimates that projected a peak this year.China, the world’s largest coal co