Meta announces a new video editing app called Edits amidst TikTok and CapCut ban
1. Meta announces 'Edits', a new video editing app for creators. 2. App launches after ByteDance's CapCut removal, seizing market opportunity. 3. High-quality tools for creators, including performance insights on Instagram. 4. Meta's strategy mirrors past actions against competitor bans. 5. Threads and Edits indicate Meta's focus on enhancing creator tools.