We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
TechCrunch / Sarah Perez
/ Aug 5“In late 2018, Facebook launched a TikTok clone called Lasso. The app didn’t take off and was shuttered this year. Though unsuccessful as a standalone product, Lasso represents Facebook’s ability to run what are essentially large-scale beta tests that don’t have to generate revenue. This allows Facebook to collect a sizable amount of user behavioral data that can then be put to use when building new features for flagship apps, like it’s doing with Instagram Reels.” —
Tags:
Facebook,
Instagram,
Instagram Reels,
TikTok