Snap Unveils App Redesign, Takes Shots at Facebook

When Snap (NYSE: SNAP) reported dismal third-quarter earnings earlier this month, it confirmed that it was in the process of overhauling its core Snapchat app. By redesigning the app's interface, Snap was acknowledging that Snapchat is hard to use and that many users were put off by the unintuitive interface. But Snap wasn't quite ready to provide any real details surrounding the redesign.

Until now.

Source: Fool.com