Snap plans new video enhancing app, facets for content creators

by using Sheila Dang

may 20 (Reuters) - Snap Inc, owner of image messaging app Snapchat, announced Thursday it's going to launch a brand new standalone app later this yr referred to as Story Studio, with video editing equipment to aid users make knowledgeable-level content material for mobile.

Snap noted it is going to also add a new feature to aid awesome Snapchat personalities earn funds through permitting fans to ship paid gifts on the app.

The bulletins, made throughout Snap's annual companion Summit, are aimed toward assisting the business compete for extra utilization in a crowded social media panorama by which platforms like Instagram and TikTok are introducing more methods for clients to earn cash from growing content. (Reporting by Sheila Dang; modifying by using Kirsten Donovan)