Laugh out loud with LOL
Facebook's attempts to win back the eyeballs of teenagers aren't slowing down if new reports are to be believed: the social network is apparently testing a meme-filled feature called LOL with selected users, based around short, shareable video clips.
TechCrunch reported the trial run, which Facebook has since confirmed – the idea is to pack LOL with funny videos and GIF-style loops so that youngsters might be tempted to spend a little bit more time away from Instagram and Snapchat. Content gets pulled from the News Feed and the best meme pages on Facebook, apparently.
Top marks for persistence
Of course, we've been here before. In 2014 Facebook launched Slingshot, a Snapchat clone which has since been abandoned. Then late in 2018, it introduced Lasso, also based around short and shareable video clips, which is apparently still going.
The problem from the perspective of Mark Zuckerberg and his fellow execs is not just that teens are leaving Facebook – Facebook owns Instagram, after all – but that they're sharing content and memes in ways that are difficult to monetize. The short-lived, ephemeral Stories style introduced by Snapchat has become the most popular way to keep in touch.
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