Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Noam Galai/Getty Images

Snapchat is launching a new feature that will let users share "Stories" (strings of user-generated or professionally-created photos and videos) outside of its app. The company says the ephemeral nature of its platform is still important, so Stories will only be available off-platform for up to 30 days, depending on the type of content that's shared.

Why it matters: Snapchat rebranded itself as a "camera" company last year, and prides itself on fostering a creative environment that empowers users to create and customize content in a way they wouldn't on other platforms. This effort could be seen as a way for Snapchat make more money off of that original content.

  • The company says its camera function is "one of the most used cameras in the world," with over 3.5 billions Snaps created every single day.
  • As Cheddar's Alex Heath noted when he first reported rumors of the news last month, the company could make money from licensing its content off-platform down the line.

The move mimics the efforts of other platforms to expand content outside of their core app, like Twitter, which made tweets embeddable in 2011.

The Tuesday update will let users share Stories from Snapchat's professional content arm, Discover, as well as Stories from high-profile users (like celebrities) and Stories created by users that can be found through Snapchat's search function.

  • It will work by providing users links to share content when they press and hold on the Stories cover photo, or "tiles."
  • Stories will still only be available off-platform for a limited amount of time, similar to how they on exist on the platform for 24 hours.
    • Our Stories will be available outside of Snapchat for 30 days.
    • Search Stories will be available outside of Snapchat for 30 days
    • Official Stories will be available outside of Snapchat for 24 hours.

The news comes on the heels of a redesign of Snap's app to entice more users to the platform.

  • Snap's revenues have been a disappointment to Wall Street since going public with high expectations in March.
  • Health reported in December that former Storyful CEO and News Corp . executive Rahul Chopra is leading the effort at Snap under a reorganized content team.

According to a Snapchat spokesperson, these types of updates will be particularly helpful in bringing people together outside of the app during breaking news situations.

  • Because user-generated content can be put together very quickly all over the world, Snapchat has become a key tool for users and news organizations to capture the effects of natural disasters or breaking local news in real time.
  • They could also help bring cultural moments to life, like behind-the-scenes footage from celebrities or events around the world.

Go deeper

Updated 6 hours ago - Sports

Olympics dashboard

🚨: Japan's Naomi Osaka lights Olympic cauldron; Photos

πŸ‘»: How the no-spectator Olympics could affect the athletes

πŸ‡ΊπŸ‡Έ: "What an honor it is to watch you soar," first lady tells U.S. Olympians

🌏: Meet the underdogs from Latin America

πŸ₯‡: The six new sports at Tokyo 2020

πŸ’‰ About 100 U.S. Olympic athletes are unvaccinated

✍️ Axios at the Olympics: What it's like inside the opening ceremony

Go deeper: Full Axios coverage

Senate Democrats demand answers on FBI's Kavanaugh probe

Photographer: Andrew Harrer/Bloomberg via Getty Images

Senate Democrats are demanding that the FBI hand over "all records and communications" related to the FBI tip line set up to investigate Supreme Court Justice Brett Kavanaugh when he was a nominee in 2018.

Why it matters: The ask comes after the FBI revealed it received more than 4,500 tips about Kavanaugh when he was awaiting Senate confirmation amid sexual assault allegations. Only the most "relevant" of these tips were forwarded to the Trump White House.

Chip relief on the horizon

Illustration: Sarah Grillo

Good news: The worst of the chip supply crunch might be near.

The other side: Here's the bad news... CEOs say chips totally flowing like normal is still a ways out.