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Instagram borrowed Snapchat's "Stories" format, but what makes it unique is how it works in concert with the rest of the photo-sharing app's features, Instagram COO Marne Levine explained at Fortune's Brainstorm Tech conference in Aspen.

"We've acknowledged over and over again that we did not invent the Stories format," said Levine. "It's a great format and it works well in our community," adding that Stories lets users post photos they often wouldn't post as traditional Instagram photos.

Why it matters: Instagram's decision to launch a feature identical to Snapchat's Stories last August has been met with both criticism and praise for getting its users to adopt it so quickly (currently 250 million people are using Instagram's Stories every day). The competition between the two apps is well known, and Stories has become the new battleground.

Go deeper

McConnell drops filibuster demand, paving way for power-sharing deal

Senate Majority Leader Chuck Schumer (R) and Minority Leader Mitch McConnell attend a joint session of Congress. Photo: Olivier Douliery/AFP via Getty Images

Senate Minority Leader Mitch McConnell has abandoned his demand that Democrats state, in writing, that they would not abandon the legislative filibuster.

Between the lines: McConnell was never going to agree to a 50-50 power sharing deal without putting up a fight over keeping the 60-vote threshold. But the minority leader ultimately caved after it became clear that delaying the organizing resolution was no longer feasible.

Scoop: Google won't donate to members of Congress who voted against election results

Sen. Ted Cruz led the group of Republicans who opposed certifying the results. Photo: Stefani Reynolds/Pool/AFP via Getty Images

Google will not make contributions from its political action committee this cycle to any member of Congress who voted against certifying the results of the presidential election, following the deadly Capitol riot.

Why it matters: Several major businesses paused or pulled political donations following the events of Jan. 6, when pro-Trump rioters, riled up by former President Trump, stormed the Capitol on the day it was to certify the election results.

2 hours ago - Politics & Policy

Minority Mitch still setting Senate agenda

Illustration: Aïda Amer/Axios

Chuck Schumer may be majority leader, yet in many ways, Mitch McConnell is still running the Senate show — and his counterpart is about done with it.

Why it matters: McConnell rolled over Democrats unapologetically, and kept tight control over his fellow Republicans, while in the majority. But he's showing equal skill as minority leader, using political jiujitsu to convert a perceived weakness into strength.