Mrs. Dow Jones Takes on the Financial World Using Memes

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.

A new Instagram trend encourages women to post black-and-white photos of themselves to show support for other women. However, there is much confusion over the purpose of the post. Rachel Greenspan, digital culture reporter at Insider, joined Cheddar to talk about the challenge's origin.

Haley Sacks says that her superpower is to create social media memes that explain high-level financial concepts as she pokes fun at Wall Street culture. "There needs to be a Suze Orman for the digital age," Sacks says. "That's me honey!"