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1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

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Current price of silver as of Tuesday, July 14, 2026
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Facebook Is Taking a Different Approach With Its New App for Teens

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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August 19, 2016, 9:54 PM ET
#CDUdigital Conference In Berlin
BERLIN, GERMANY - SEPTEMBER 12: A visitor uses a mobile phone in front of the Facebook logo at the #CDUdigital conference on September 12, 2015 in Berlin, Germany. The world's largest social media network was launched by Mark Zuckerberg and his Harvard College roommates in 2004, and had its initial public offering in February 2012. (Photo by Adam Berry/Getty Images)Photograph by Adam Berry — Getty Images
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Facebook is finally taking a different approach to winning over young users.

The social network on Friday introduced yet another app for sharing photos and videos intended to challenge its fast-growing rival Snapchat and its popularity with teens. The new app, Lifestage, is intended for teens for posting photos and videos, as well as to express their likes and dislikes, emotions, and friendships.

The app opens directly to a camera screen, a signaling its focus on photos, and lets users browse the profiles of their school classmates (it’s currently invite-only on iOS, and each school needs 20 users to become active).

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Michael Sayman, a 19-year-old app developer who was offered a job at Facebook after landing a meeting with CEO Mark Zuckerberg during the company’s annual conference in 2014, told media outlets that Lifestage’s design was inspired by old versions of Facebook itself. At its core, Facebook was, and still is, an online directory for users to look up others or check up on their friends.

“What if we were to grab what Facebook from 2004 was and bring it to 2016 and bring it into what we’ve been trying to understand with video and content creation,” Sayman told Mashable.

Up until now, Facebook’s attempts to clone Snapchat have been to largely recreate the same features and look of the app. It was as if teens would be won over by simply creating a silly-seeming photo and video app. Those efforts over the past few years—Poke, Slingshot, Riff—didn’t catch on.

But Sayman’s observation that the idea behind the original Facebook should be translated into today’s technology and how youth interact shows a departure in the company’s approach. Just like Snapchat capitalized on young users’ new desire for non-permanent communication and self-expression through disappearing photos and messages, Lifestage is an attempt to capitalize on one of its own main features: user profiles where they can post information about themselves and photos and videos.

Earlier this month, Facebook-owned Instagram, once the cool photo app for teens, went after Snapchat with the release of Stories, a feature that lets users share daily reels of photos and videos with their followers that disappear after 24 hours. Snapchat already had a similar feature of the same name. And like Lifestage’s approach, it figured out how to meld utility with Instagram’s current design to produce something that could appeal to users drawn to ephemeral messaging apps.

There’s of course no way of telling whether Lifestage will be successful—social apps are largely a crapshoot. But at least Facebook has begun to change how it thinks about creating an appealing and enduring photo and video-sharing app.

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