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Facebook revealed its latest application, Flash, which was designed to compete with Snapchat in emerging markets, Kurt Wagner of Recode reported. Wagner reported that Flash is a photo- and video-sharing app that, like Snapchat, contains visual overlays that users can place on top of their content.
… their photos and videos into moving collages, which include transitions. Users can create and edit their stories with tools including video cropping and the ability to reorder content. In addition to using photos and videos from their camera rolls, users can connect to their Facebook and Instagram accounts to pull additional photos and videos into the app…