Hulu Ditches Free-Service Model, Instagram Adds Snapchat-Like Stories Feature

Hulu is phasing out its free service option as it moves exclusively to premium subscription-based streaming.

The media company was founded in 2006 as a reaction to sites like YouTube, offering a place for broadcast networks to showcase their content online in a piracy-free environment. For years, the service allowed users to view delayed network shows from ABC, NBC and Fox for free with commercials, adding a Netflix-like commercial-free paid option later.

Also in tech news, Instagram has added a feature that's strikingly similar to Snapchat's Stories. What makes the ability to overlay text, emojis and other media so attractive to users?

Here & Now's Jeremy Hobson speaks with Edmund Lee of Recode for the latest from the world of tech.

Edmund Lee, managing editor of Recode. He tweets @edmundlee.