Did WhatsApp Just Copy Snapchat With its New Feature 'Status?'

WhatsApp's new feature 'Status' seems quite familiar to Snapchat.
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WhatsApp is making a drastic update to its app, turning it for the first time into a platform for passively consuming content. Similar to the way people scroll through their Facebook (FB) - Get Report or Instagram newsfeeds, this move could finally usher in a money-making system like advertising. The new feature is being rolled out Monday, letting users share photos, videos, or GIFs, superimposed with drawings, emoji, or captions. It will show up on friends' newsfeeds, which will expire after 24 hours, just like Snapchat.

This article was written by a staff member of TheStreet.