What is WEBM?
WebM is the web's own video container - Matroska slimmed down to the royalty-free codecs (VP8, VP9, AV1). Browsers play it natively and screen recorders love emitting it; the rest of the world's video tooling is distinctly lukewarm about it, which is why it so often needs converting.
What is MP3?
MP3 is the format that made digital music portable, and thirty years on it is still the safest bet that a file will simply play - on any device, in any car, in any decade-old piece of hardware. It is lossy, and its patents expired in 2017.