Snap launches TikTok competitor Spotlight with payouts for viral posts

Snapchat may have invented the whole concept of "Stories" with vanishing photos and videos back in 2014, but the app universe has changed and now Snapchat is changing along with it. 

Meet "Spotlight." It's a new tab within Snapchat where users can watch Snaps (including short-form videos) submitted by other Snapchatters....