Snap Investors Don’t Like Facebook’s Latest Move - News Summed Up

Snap Investors Don’t Like Facebook’s Latest Move


Facebook couldn’t buy Snapchat, but it can afford to build its own. That is making Snapchat parent Snap Inc. look vulnerable. Facebook said Tuesday it is launching three new features on its main app that mirror key features of the Snapchat messaging app, including the ability to create a disappearing photo-and-video montage, a more accessible camera with filters and a direct-messaging option for photos and videos. In doing so,...


Source: Wall Street Journal March 28, 2017 17:59 UTC



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