On Tuesday, Facebook‘s (NASDAQ: FB) ruthless assault on Snap (NYSE: SNAP) through a growing suite of Snapchat-like features continued. And Snap stock is being punished as a result, falling about 3.5% on Tuesday at the time of this writing.
In what is arguably Facebook’s biggest attack on Snap yet, Facebook’s latest update brings three new Snapchat-style feature to the main Facebook app.
Facebook camera effect. Image source: Facebook.