Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
Mark Zuckerberg's company tried to purchase Snap for $3 billion in 2013, but the camera company politely declined the offer. Since then Snapchat's popularity and worth have skyrocketed. The company's market cap has been pegged as high as $34 billion, and held its initial public offering on March 2.
But for at least a year, Facebook has rolled out features across its various products that bear a striking resemblance to Snapchat's functions. Not only do they do the same thing, in some cases they look eerily alike. And, it seems the copycat items may be having an effect on Snapchat's slowing user growth rate, even Snap acknowledged Instagram Stories could be a direct competitor in its S-1 filing. (However, Snap CEO Evan Spiegel blamed phone issues during the company's roadshow.)
Instagram Stories (and WhatsApp Status and Messenger Day) vs. Snapchat Stories
In Aug. 2016, Facebook unveiled Instagram Stories (image left). The feature allows users to take a picture or video, and customize it with doodles, a photo filter, digital stickers or a location tag. People could then post the content in their story, where it would remain for 24 hours. Similar disappearing post features are rolling out in WhatsApp and Messenger.
Yep, that's pretty much what Snapchat Stories (right) has been doing since October 2013.
Instagram Stories ads vs. Snapchat Stories ads
At the beginning of 2017, Instagram announced it would allow advertisers to include short photo or video ads in between user posts on its Stories. It's almost identical to one of the ad products Snapchat offers. Snap also allows companies to purchase ads in-between publisher content on Snapchat Discover, as well as sponsor location filters and digital-mask effects called Lenses.
Facebook Messenger's camera vs. Snapchat's Camera
Messenger unveiled a new camera interface in Dec. 2016 (image left), which looks almost identical to Snapchat's camera screen (right), save a few details like the tiny Snap logo in the upper left corner and ability to scroll through and put Snapchat Lens digital effects over people's faces.
Instagram and Messenger filters vs. Snapchat filters
If you want to add a filter on one of your images on Instagram Stories or Messenger (image left) take a photo, touch the smiley face icon on the upper right, choose from a list of categories, and swipe left or right to put a filter on. If you're on Snapchat (right), take your picture, then swipe left or right to see the various filters.
Now, you're ready to post.
Facebook original shows vs. Snapchat original shows
The Wall Street Journal reported Facebook is courting media companies to create original video series, an initiative led by College Humor co-founder Ricky Van Veen. Snap has also sought bespoke programming. There are some slight differences — for example, Facebook reportedly wants shows up to 30 minutes, while Snapchat's series currently clock in at a few minutes an episode — but the quest for exclusive programming seems to be something they both share.
Honorable mention: Masquerade vs. Snapchat Lenses
Facebook bought Masquerade in March 2016, a photo and video filter app that allows people to swap faces with friends, put masks and other garb on their digital images or manipulate their image. It's exactly what Snapchat Lenses currently does. So far, Facebook hasn't rolled out a clear copycat of Lens technology on any of its platforms. However, since it owns the Masquerade technology, it's only a matter of time.