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Instagram leaks Snapchat competitor Bolt, then pulls it


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Facebook’s been obsessed with the success of Snapchat lately, so much so that the company even released “Slingshot†last month to help its users become more engaging with social engagement. Slingshot requires you to share text or image before a friend’s text, or image is shared with you – the goal being live, real-time communication as opposed to getting a text now, responding to it in a day (or never).

You would think that it’s odd for Facebook to concern itself with releasing something that should become more “social†than its own social networking site, but Facebook’s aim is to become more and more a part of your life. The company that now has 1 billion users wants to be the “one-stop shop†for all your social needs.

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