Instagram and Musk’s X Tout New Video Tools on TikTok Ban Day

(Bloomberg) -- Instagram announced a new video editing app, called Edits, on the same day that rival video service TikTok briefly went dark in response to a federal ban. X also touted the launch of a dedicated video tab in its mobile app.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWhat LA’s Fires Mean for the City’s Housing ShortageScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayora