Facebook is shutting down Lasso, its TikTok clone
Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok. The social juggernaut's TikTok clone is shutting down on July 10, Lasso alerted users on Wednesday. Launched in late 2018, Lasso was seen as Facebook's answer to TikTok that's gained gro...
Facebook Is Shutting Down Lasso, Its Experimental TikTok Copycat
Facebook is mothballing Lasso, the free app it quietly launched two years ago as a competitor to popular short-form video service TikTok, after it failed to get traction and as Instagram is widening its rollout of a similar feature.
Facebook's TikTok-clone Lasso is shutting down as Zuckerberg gears up to launch Instagram Reels
Facebook's TikTok-clone Lasso informed users that it will be shutting down starting July 10. The news comes a few days after Facebook announced that Instagram Reels will be expanding to new markets. After TikTok being banned in India, users are looking for a friendly 15-second video streaming app - an opportunity that Instagram Reels could capitalise on.