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This news item is part of the weekly top 5 news bulletin (from Week 3, Jun 2023) specially packaged for leaders of Nonprofits, Churches, and Faith-based Social Ventures. 

Meta Releases New Tools for Creators Including Reels Editor & ProMode

Meta made announcements last week about new tools that they’re releasing for creators and also monetization options. First is they have released an Inspiration Hub for Reels. Reels, as you know, is the most popular format right now in all channels, so they’re releasing an ‘Inspiration hub’ that would give you ideas on how to create new Reels. They’re also giving you a Template Hub where you can pick templates and create Reels out of them. The editing on the mobile app has become easier with new tools. They’ve also expanded the ProMode with a new feature called Creators to Follow, which will appear in people’s newsfeed. They can follow certain creators. If you have Pro Mode turned on, you might appear on that space. The announcement also says that you can now have additional monetization options by opening up your Facebook page to your partners.

Here is the full list of the Top 5 News Items from Week 3, Jun 2023 with source links from OpenAI, McKinsey, Meta, Twitter, Pinterest.

🗞️ News 1: McKinsey Reports AI Could Add $4.4 Trillion to Global Economy Annually   

Source: McKinsey

🗞️ News 2: Meta Releases New Tools for Creators Including Reels Editor & ProMode   

Source: Meta

🗞️ News 3: Twitter’s New CEO Tweets About Her Vision For The Platform & The Future  

Source: Twitter

🗞️ News 4: Pinterest Launches Travel Catalogs & Expands Premiere Spotlight Ads      

Source: Pinterest

🗞️ News 5: [AI News] OpenAI Lowers Cost; AI in Google Ads; Proposed US Law on AI 

Source: OpenAI, Google, US Senate

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