Digital News: February 5, 2021

Instagram Confirms It’s Working on a ‘Vertical Stories’ Feed (TechCrunch)

Instagram is developing a new feature that could give its app more of a TikTok-like feel: Vertical Instagram Stories. Today, users browse through Stories through taps and horizontal swipes — a feature Instagram adopted from Snapchat. But now, Stories are passé. Even Snapchat is borrowing ideas from TikTok. Read more: http://tcrn.ch/3jpk5ye

YouTube Launches Updated Sports Platform to Cater to Rising Demand for Sports Content (Social Media Today)

With interest in sports content rising on YouTube, the platform has today announced that it's updated its YouTube Sports platform, while it's also expanding its connected TV ad offerings to help brands reach sports fans on the platform. Read more: http://bit.ly/3aAKtRv

Snap, Pinterest Log Strong User Growth (WSJ)

Social-media platforms Snap Inc. and Pinterest Inc. added millions more new users than expected in their latest quarters, showing strong growth in social-media use during the Covid-19 pandemic. Read more: http://on.wsj.com/3aENL6i