Facebook wants to lure teens with the new meme-focused app LOL. The platform has a history of copying or acquiring teen-tailored apps to win back the coveted demo that favors Snapchat. Currently, they have a Houseparty clone called Bonfire and a TikTok-like short form video app called Lasso vying for teens’ time; now, LOL will use algorithms to curate a feed of funny videos. And yes, that’s similar to what Snapchat Discover does. (The Verge)
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