Facebook tried on at least two occasions to acquire Snapchat, once for $1 billion and then again for $3 billion. Snapchat’s founders boldly rebuffed both offers and now several years later Snapchat is more popular than ever. The asking price might be too high for Facebook at this point, but rather than acquire the photo and video sharing app,

Source: Hot Hardware – Facebook Clones Snapchat Yet Again With New Photo Filters And Stories