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Facebook reportedly developing LOL meme app to try to appeal to teens

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Facebook is reportedly developing an app named LOL, which will feature memes in the form of funny videos and GIF-like clips. The app is said to be in testing with a very limited private beta, but sources said that the app is “cringey” as it feels like a futile attempt of an adult trying to be young.
Facebook, which is looking to bring teens back to its social network, is reportedly developing a meme app named LOL.
The social media company has been working on the LOL app for months, multiple sources confirmed with TechCrunch. The app contains funny videos and GIF-like clips that are divided into categories such as For You, Animals, Fails, and Pranks.
Users are also offered themed collections named Dailies, similar to Snapchat’s Discover feature. Once users open a Dailies collection or scroll through the app’s feed, LOL shifts into a black-bordered theater mode that automatically advances to the succeeding video clips.

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