Femtoscopy is a unique tool to investigate the space-time geometry of the matter created in ultra-relativistic collisions. If the probability density distribution of hadron emission is parametrized, then the dependence of its parameters on particle momentum, collision energy, and collision geometry can be given. In recent years, several measurements came to light that indicated the adequacy of assuming a Lévy-stable shape for the mentioned distribution. In parallel, several new phenomenological developments appeared, aiding the interpretation of the experimental results, or providing tools for the measurements. In this paper we review and discuss some of these advances, phenomenological and experimental.