ProBeat: Facebook sits on Snapchat

OPINION: You know when you’re wrestling someone significantly bigger and you realize they can simply sit on you? It doesn’t matter what Snap is scheming, Facebook this week showed that it has figured out how to throw its weight around.
Instagram announced yesterday that Stories is now used by 200 million people daily. The latest figure we have for Snapchat is 161 million daily active users, meaning Instagram Stories has effectively overtaken the copied app.
To be clear, this doe