Meta has unveiled a new video editing app named 'Edits' following the removal of TikTok's CapCut from major app stores due to the ongoing TikTok ban. Instagram head Adam Mosseri announced that the app is set to launch next month on iOS, with an Android version to follow. 'Edits' will offer a comprehensive suite of creative tools, including a dedicated inspiration tab, enhanced camera features, and options for sharing drafts with peers. The app aims to support video creators by providing valuable insights when sharing on Instagram.