Snapchat Triples Video Traffic, Nears Facebook

Financial Times: Snapchat is closing the gap with Facebook in the social networks’ battle for scale in video. The number of videos viewed on messaging app Snapchat every day is said to have tripled since May to 6 billion. That compares with the 8 billion daily video views announced by Facebook last week, which has doubled from 5 billion in April. Facebook’s figure includes both desktop and mobile views, while Snapchat’s audience — though smaller in size overall — is entirely made up of smartphone users.