Facebook has joined the TikTok saga. Earlier today, Mark Zuckerberg's company launched Instagram Reels, whose short-form video feature looks rather similar to TikTok's product. The debut comes days after Microsoft said it was in talks to acquire TikTok’s U.S. operations from China’s ByteDance. Paige Leskin,Tech Reporter for Business Insider explains the timing of the Instagram Reels launch and what implications it could have for CEO Mark Zuckerberg.