Today’s, not unexpected, news that Facebook is looking to introduce an array of applications which will mimic Snapchat will cause some concern within the social media investment arena. More and more we are seeing social media giants such as Facebook and Twitter using their enormous membership numbers to introduce services similar to those offered by their competitors. When you bear in mind Twitter is a valued at $12 billion, Facebook at a staggering $385 billion and Snapchat around the $20 billion mark, there is some serious money in these companies. Read full article
