Fb is shutting down Lasso, its TikTok clone

Fb is not betting on Lasso, an app it launched a yr and a half in the past, to tackle TikTok . The social juggernaut’s TikTok clone is shutting down on July 10, Lasso alerted customers on Wednesday. Launched in late 2018, Lasso was seen as Fb’s reply to TikTok that’s gained gr…
Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok . The social juggernaut’s TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday. Launched in late 2018, Lasso was seen as Facebook’s answer to TikTok that’s gained gr…Original article
Author: Manish Singh

Manish Singh has recently written 9 articles on similar topics including :
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  4. "Facebook launched two 12-week accelerator programs for startups on Monday as the social juggernaut looks for new ideas and solutions to expand its commerce and connectivity efforts". (August 3, 2020)
  5. "Facebook, and a group of telecom companies including China Mobile International, MTN GlobalConnect, Orange, and Vodafone, are collaborating to build the most comprehensive subsea cable to serve the African continent and Middle East region where nearly a billion people are still offlin". (May 14, 2020)
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  7. "If you’re a cricket fan, you will be visiting Facebook way more often in the coming months and years". (September 26, 2019)
  8. "Facebook today unveiled Coronavirus Community Hubon Messenger that offers tips, authoritative information and other resources to help people stay connected and informed about the coronavirus outbreak, weeks after launching a similar information hub on WhatsApp, its other messaging service". (March 26, 2020)
  9. "Facebook and PayPal have made investments in GoJek, joining Google and Tencent among other high-profile technology companies that have backed the five-year-old Southeast Asian ride-hailing firm". (June 3, 2020)
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