Friday, March 10, 2017

Facebook Copying Snapchat

Back when Microsoft was doing this sort of thing they encountered anti-trust concerns.  The EU eventually forced them to take action.

Wonder how long Facebook has?  Read on:

http://www.cnbc.com/2017/03/09/facebook-copies-snapchat-examples.html

Here is a snippet from the piece:

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.

Happy Reading,

J.W. Gant

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