Technology Google is said to work on news product competing with Snapchat

08:10  05 august  2017
08:10  05 august  2017 Source:   Bloomberg

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(Bloomberg) -- Alphabet Inc.’s Google is working with publishers on a news product called Stamp that would serve up articles in a mobile magazine-like design, similar to Snapchat ’s Discover service, according to a person familiar with the matter.

Alphabet Inc.’s Google is working with publishers on a news product called Stamp that would serve up articles in a mobile magazine-like design, similar to Snapchat ’s Discover service, according to a person familiar with the matter.

BC-GOOGLE-SNAP-NEWS© Gerry Smith and Sarah Frier BC-GOOGLE-SNAP-NEWS Alphabet Inc.’s Google is working with publishers on a news product called Stamp that would serve up articles in a mobile magazine-like design, similar to Snapchat’s Discover service, according to a person familiar with the matter.

Stamp evolved from media relationships Google already has for another one of its products, called AMP, which is meant to help load articles faster. The Wall Street Journal reported the talks earlier.

“The success of the open source AMP project is down to the constant collaboration with publishers that involves working early on upcoming features,” Google said Friday in a statement. “We don’t have anything to announce at the moment but look forward to sharing more soon.”

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One News Page > Technology > Google is said to work on news product competing with Snapchat . Google Said to Work With Publishers on News Product 02:28.

Alphabet's Google is working with publishers on a news product called Stamp that would serve up articles in a mobile magazine-like design, similar to Snapchat 's Discover service, according to a person familiar with the SEE ALSO: Indonesia says Google agrees to monitor negative YouTube content.

Snap Inc., the parent company of Snapchat, is under pressure as it works to prove that its photo- and video-sharing application serves up something unique to users. While Snap has invented several new ways of communicating on mobile phones, Facebook Inc. has been steadily copying its most popular products. Now Google is following Snap’s creations, too. Snap has been changing the Discover function of its application, with plans to focus on more episodic video content.

To contact the reporters on this story: Gerry Smith in New York at gsmith233@bloomberg.net, Sarah Frier in San Francisco at sfrier1@bloomberg.net.

To contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Crayton Harrison at tharrison5@bloomberg.net, Andrew Pollack, Alistair Barr

©2017 Bloomberg L.P.

Facebook has killed the Snapchat-like app for high schoolers it quietly released last year .
Facebook has killed Lifestage, the standalone app it as a dedicated social network for high schoolers. &nbsp;Lifestage was pulled from the App Store on August 4, a Facebook spokesperson confirmed to Business Insider on Tuesday. The Snapchat-like app hadn't been updated for months and never managed to crack the App Store's top charts during its short lifespan.

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