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Mark Zuckerberg’s Personal Wealth Hits $100 Billion After Instagram Reels Launch

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Oscars 2021: Nomadland, Anthony Hopkins And Daniel Kaluuya Share Glory

Film drama Nomadland has scooped three Oscars...

US Pledges Stronger Climate Action At Biden Summit

The United States and several other nations...

NASA’s Ingenuity Helicopter Take Its First Flight On Mars

The small rotorcraft made history, hovering above...

Europe Day Celebration

On the occasion of May 9, Europe Day, as every year for the last two decades, the Delegation of...

Marking the 10th anniversary of the Istanbul Convention in Belgrade

The 10th anniversary of the Convention on preventing and combating violence against women and domestic violence, better known as...

Prime Minister Edi Rama Wins Third Mandate In Albanian Elections

Albania’s ruling Socialist Party (SP), led by Prime Minister Edi Rama, has won Sunday’s election with 48% of the...

New Project To Support Innovation Driven Economy In Serbia

Serbia Innovates will create the first Serbian Supercluster to bolster country’s competitive advantages on international markets ICT Hub, as a...

Von der Leyen And Borrell Call For Rule Of Law Reforms In Serbia During Vučić’s Brussels Visit

President of European Commission Ursula von der Leyen and High Representative of the EU Josep Borrell called for positive...

Facebook founder Mark Zuckerberg announced on 5th August the rollout of new Instagram Reels across the U.S., which has boosted Zuckerberg’s wealth to $100 billion. Reels is a short form video platform like Tik-Tok, which is being very strategically launched in over 50 countries during a precarious time for rival TikTok.

Facebook had a billion users by 2012 and in 2020 has over two billion monthly users, which favourably impact on Instagram Reels. Facebook shares rose by more than 6% after the launch, which places Yuckerberg among the world’s exclusive Centibillionaire Club, joining the likes of Amazon’s Jeff Bezos and Microsoft’s Bill Gates.

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