Meta Platforms Inc.’s Instagram unit rolled out a new video-editing app Tuesday, as the social media site seeks to lure creators from TikTok.

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

Meta is looking to steal away TikTok users by releasing a video editing app it hopes will lure creators from the social media juggernaut.