Instagram emulates Snapchat with ‘Stories’ feature

On Monday, the company unveiled “Instagram Stories”—and in doing so, took a direct stab at competitor Snapchat.

Forbes reported:

In a major product change, the Facebook FB -1.00%-owned company is making a push to encourage more frequent, in-the-moment sharing. On Tuesday, the Menlo Park, Calif.-based company began rolling out a new ephemeral sharing tool called “Instagram Stories” that heavily mimics the core Snapchat feature of the same name. Stories lets users add full-screen photos and videos, overlayed with text, emojis, filters and bright drawings in a slideshow of content that disappears after 24 hours. Users can choose to save the clips to their camera roll or share them on their traditional Instagram profile, where they can still post filtered photos and videos per usual. Users can capture clips for Stories through an in-app camera, or share camera roll content that is up to 24 hours old.