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Is Snapchat the new Facebook?

Snapchat

Snapchat hopes its planned flotation in New York will value the five-year-old photo-sharing app company at up to $25bn (£20bn) and turn its 26-year-old founder, Evan Spiegel, into the world’s youngest billionaire with a $5.5bn fortune.

Facebook makes 13 attempts to clone Snapchat. Lucky for some?

Snapchat

Stop me if you think you’ve heard this one before: Facebook has released a Snapchat clone. The new standalone app offers ephemeral picture and video messaging, as well as the all-important AR lenses – sorry, “masks” – and is particularly targeted at users in emerging markets.

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Is Snapchat the new Facebook?

Snapchat hopes its planned flotation in New York will value the five-year-old photo-sharing app company at up to $25bn (£20bn) and turn its 26-year-old founder, Evan Spiegel, into the world’s youngest billionaire with a $5.5bn fortune.