Snapchat’s not-growing pains are a boom for Instagram
NEW YORK (AP) — Facebook once failed to buy Snapchat; ever since, it’s tried to copy it, mostly without success.
Until now. Facebook’s Instagram Stories, a clear Snapchat clone, has more daily users than Snapchat itself — and parent company Snap Inc. should be very worried.
Snap’s stock price has fallen 45 percent since its initial public offering in May. While the doom doesn’t spell imminent death, it’s a sign that Snapchat could be relegated to the sid
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