New York Times: Facebook Has an Innovation Problem

New York Times: Facebook Has an Innovation Problem. “Facebook can’t seem to do it. The company just doesn’t appear to know how to invent successful new stuff. Most of its biggest hits — not just two of its main products, Instagram and WhatsApp, but many of its most-used features, like Instagram Stories — were invented elsewhere. They made their way to Facebook either through acquisitions or, when that didn’t work, outright copying. But buying and copying other ideas is becoming increasingly difficult for Facebook.”

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