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Facebook quietly released a Pinterest clone and sent its stocks sliding down

7 monthes ago   |   By Business Insider

John Lamparski/Getty
Facebook has quietly launched a Pinterest competitor in a handful of countries, the Information reported Thursday.
Pinterest's stock slid 4% after news of the Facebook clone broke.
Facebook has been known to copy smaller apps' popular features in the past, most famously Snapchat's "Stories" feature.
Visit Business Insider's homepage for more stories .
Pinterest may have to prepare for a turf war with Facebook.
As spotted by the Information on Thursday, Facebook has rolled out a new app called "Hobbi" in just four countries: Colombia, Belgium, Spain, and the Ukraine...
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