Marketplace®

Daily business news and economic stories
May 31, 2017

05/31/2017: The fine line between copying and innovating

When Instagram launched “Stories” last year — a feature very similar to Snapchat’s main function — the term “copycat” got thrown around quite a lot. But is the criticism fair? What’s the difference between copying and just building on something? On today’s show, we’ll explore the distinction between the two. We’ll also look at Facebook’s plan to add scripted shows to its platform, and then talk about Amazon’s decision to refund $70 million for unauthorized in-app purchases made by kids. 

05/31/2017: The fine line between copying and innovating
ROBYN BECK/AFP/Getty Images

Subscribe:

When Instagram launched “Stories” last year — a feature very similar to Snapchat’s main function — the term “copycat” got thrown around quite a lot. But is the criticism fair? What’s the difference between copying and just building on something? On today’s show, we’ll explore the distinction between the two. We’ll also look at Facebook’s plan to add scripted shows to its platform, and then talk about Amazon’s decision to refund $70 million for unauthorized in-app purchases made by kids.