Instagram has reportedly offered cash to high-profile TikTok users to lure them to its new short-form video service, Reels

· Facebook-owned Instagram has been dangling cash before high-profile TikTok creators to lure them to its new short-form video service, Reels, according to a report.
· The Wall Street Journal reported that Instagram was offering hundreds of thousands of dollars in some cases ahead of Reel's expected rollout in August.
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