3/3, 5:55 PM (Source: TeleTrader)
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Netflix launches Fast Laughs feature

Netflix, Inc. launched its new feature Fast Laughs, a video auto-playing feed similar to the Chinese video-sharing app TikTok, the company announced on Wednesday.

The vertically-oriented feature that offers short funny clips is currently available for iPhone users in some countries, while Netflix intends to test the app on Android soon. Netflix users will be allowed to share Fast Laughs content on WhatsApp, Instagram, Snapchat, and Twitter.

Shares of Netflix slipped 2.73% to trade for $532.87 at 11:53 am ET.

Breaking the News / GA