SAN ANSELMO, CA - MAY 02: The Snapchat app is displayed on the home screen of an iPhone on May 2, 2018 in San Anselmo, California. Stock prices for Snapchat dropped 20 percent before slightly rebounding after reporting first quarter earnings of $230.66 million on Tuesday that didn't meet analyst expectations of $243.6 million Justin Sullivan/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==
Snap Inc chief Evan Spiegel launched a stinging critique of Facebook Inc, dismissing both its appeal and its successful attempts to copy Snapchat’s most popular features.
Spiegel aimed a series of barbs against his larger adversary at the Code Conference Tuesday – moments before Facebook chief operating officer Sheryl Sandberg took the stage. Spiegel, a co-founder of the Snapchat application for sending ephemeral messages and videos, made the case for his company’s longevity.
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