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Snapchat Launches New Save Function for Photos, Videos


FILE - A billboard displays the logo of Snapchat above Times Square in New York, March 12, 2015.
FILE - A billboard displays the logo of Snapchat above Times Square in New York, March 12, 2015.

Snapchat announced a new feature that enables users to save and share their content, a big change for the popular social messaging app widely used for sending photos and videos that disappear in a day.

The new feature, called "Memories," is an album within the app where users can save photos and videos which they can later upload to their "Story," a slide show of contents that disappears after 24 hours. Until now, photos and videos had to be immediately uploaded after being recorded.

The move could signal that Snapchat, known for immediacy, spontaneity and simplicity, is taking a shot at more mainstream social networks like Facebook.

In recent years, Snapchat added advertising and sponsored content as the company's valuation grew to around $18 billion.

Its user base has also gotten older, with nearly 40 percent of users now between 25 and 34 years old in the United States. About 14 percent of users are above 35, according to digital measurer comScore.

"It's fun to celebrate an anniversary or birthday by finding a few old snaps and stringing them together into a new story," Snapchat said in the announcement made on its blog Wednesday.

Snapchat has 150 million daily users, according to a Bloomberg report last month, surpassing Twitter, which has less than 140 million daily users.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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