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  • Current Event
    8 years ago
    by bogdan
    +13 +1

    Snapchat Solicits Longer Content By Ditching Tap-And-Hold-To-Watch

    Snapchat wasn't built to be a mobile television but that's what it's become.

  • Expression
    8 years ago
    by imokruok
    +17 +1

    Ephemeral Vs. Perpetual Messaging: Thinking Outside The Timeline

    If you are following the battle of the short messaging systems, you might think it is a one-dimensional contest between the systems that maintain your chat history for all time – like Twitter and Facebook – and the so-called disappearing messengers – like Snapchat – where messages vanish after being read.

  • Analysis
    8 years ago
    by cone
    +23 +1

    Snapchat’s leaked financials show just how big a bullet Facebook dodged

    People are all abuzz about Snapchat's financials, which were leaked online Wednesday. If you haven't seen them, the outlook isn't good: Snapchat lost $128 million during the first 11 months of 2014. And it took in just $3 million in revenue over the same period, according to records obtained by Gawker.

  • Current Event
    8 years ago
    by powpow
    +26 +1

    Snapchat will let users pay to replay Snaps

    Those disappearing Snaps on red-hot messaging app Snapchat won't vanish as quickly because of a new paid feature rolled out Tuesday. Snapchat announced it will allow users to purchase Replays of any Snap they receive. For $1, users will be able to replay a Snap up to three times. There is one caveat: You can only buy a Replay on a specific Snap once. So, drop the idea of purchasing several Replays and watching a Snap repeatedly.

  • Current Event
    8 years ago
    by darvinhg
    +65 +1

    Snapchat’s new terms let it store and reuse your photos

    Snapchat, best known for its disappearing multimedia messages that are known as snaps, changed its terms and conditions to own all of the pictures and videos sent on the service. Snapchat, which has 100 million daily active users, updated its app last week, with yet more filters to add to those messages. Along with the update, a new clause was added to its terms and conditions, allowing the company to review content created on the app and...

  • Current Event
    8 years ago
    by kong88
    +51 +1

    Snapchat's valuation falls by 25%, and more big tech companies will follow

    The big tech companies of our time are being cut down to size. Snapchat, the messaging service with 100 million daily active users, and which rejected a Facebook takeover in the past, is the latest technology company to see its lofty valuation start to disappear. Fidelity, a mutual fund that invested in Snapchat as part of a more than $500 million Series F round of fundraising earlier this year, has quietly marked down the value of its stake in the company by about...

  • Current Event
    8 years ago
    by rexall
    +38 +1

    Snapchat is killing its lens store

    We barely knew Snapchat's lens store, and it's already time to say goodbye. The social media platform is shutting down the store on Friday, only two months after its launch. Instead of peddling the $0.99 lenses, the company says it will focus more on its ad business, which will still include sponsored lenses. A rotating selection of 10 lenses will now be available for free every day.

  • Expression
    8 years ago
    by messi
    +24 +1

    How Snapchat Built a Business By Confusing Olds

    On a Wednesday in early February, Khaled Khaled, a 40-year-old record producer from Miami, stepped into the garden of his temporary residence at the Beverly Hills Hotel in Los Angeles. As he does most mornings, he gave thanks for another day on earth. “Good morning,” he said to no one in particular. “Bless up.”

  • Current Event
    7 years ago
    by Pfennig88
    +3 +1

    Snapchat redesigns chat to add stickers, audio, and video notes

    Snapchat is releasing a major update today that bolsters its chat function with a variety of new multimedia features. The long-rumored update adds more than 200 stickers featuring walruses, sloths, aliens, and Snapchat's signature ghost, and they can be searched by keyword, as on Facebook Messenger. There are also easier controls for starting a video call, allowing you to dial someone who is not present in the chat. You can also choose to chat via audio, and switch back...

  • Current Event
    7 years ago
    by chunkymonkey
    +25 +1

    Snapchat could soon be valued at more than $20 billion

    Snapchat is reportedly looking to raise $200 million in new financing, which would value the company at more than $20 billion.

  • Current Event
    7 years ago
    by timex
    +16 +1

    Snapchat will fill the gap between your friends' stories with ads

    This spring, Snapchat implemented auto-advance stories, letting users swipe right to quickly catch up with their friends' stories. Going forward, Snapchatters will begin seeing video ads—the aforementioned Snap Ads Between Stories—in between their buddies' messages. Ten test partners are in tow, including Universal Pictures, Paramount Pictures, Verizon, Procter & Gamble, Warner Bros. and Express. "We are spending a tremendous amount of time and investment with Snapchat," says Jim Hilt, CMO at Express.

  • Current Event
    7 years ago
    by dianep
    +11 +1

    Snapchat launches sunglasses with camera

    Messaging app firm Snapchat has announced its first gadget - sunglasses with a built-in camera. The device, which the company is calling Spectacles, will go on sale later this year priced at $130 (£100). The glasses will record up to 30 seconds of video at at time. As part of the announcement, Snapchat is renaming itself to Snap, Inc. The renaming decision underlined the company’s apparent ambition to go beyond the ephemeral messaging app, a product which is highly popular with young people.

  • Current Event
    7 years ago
    by timex
    +14 +1

    Snapchat Seeks to Raise as Much as $4 Billion in IPO

    Snapchat will seek to raise as much as $4 billion in its planned initial public offering, according to people familiar with the matter. The IPO could value Snapchat at about $25 billion to $35 billion, the people said, asking not to be identified as the details aren’t public. No final decision has been made and the size of the IPO may change, they said. The valuation could reach as much as $40 billion, one of the people said.

  • Current Event
    7 years ago
    by geoleo
    +36 +1

    Snapchat Has Been Faking Growth Numbers, Ex-Employee Alleges

    A former Snapchat employee alleges that the company has been faking its growth numbers in order to boost its value in an IPO, according to a lawsuit filed in L.A. Superior Court. Anthony Pompliano, who was the company’s growth lead, alleges that he was fired after just three weeks with the company because he refused to go along with Snapchat’s plans. Pompliano was hired away from a similar job at Facebook, Snapchat’s arch-rival. According to the lawsuit, Pompliano came to understand that he was only hired because Snapchat wished to obtain confidential and proprietary information from Facebook.

  • Current Event
    7 years ago
    by hedman
    +22 +1

    Snap Makes $3 Billion IPO Details Public

    Snap Inc, owner of popular messaging service Snapchat, made many of its financial details public for the first time on Thursday, as it prepared to raise up to $3 billion in an initial public offering in New York that is expected to come in March. The disclosure was Snap’s opening salvo in convincing investors that the company, which launched in 2012 as a free mobile app with disappearing messages, has come up with a sustainable business model despite increasing losses.

  • Current Event
    7 years ago
    by baron778
    +35 +1

    Snap values itself at nearly $24B with its IPO pricing

    Snap has given a final price for its IPO, setting the company's valuation at nearly $24 billion with a price of $17 per share.

  • Current Event
    7 years ago
    by Apolatia
    +31 +1

    Snap tumbles 12% on day three, erases gains

    Snapchat parent Snap Inc. debuted on the stock market Thursday and immediately saw substantial gains on its first two days. But the excitement has already worn off, with shares tumbling more than 12 percent on day three.

  • Current Event
    6 years ago
    by grandtheftsoul
    +14 +1

    Snap Wants to Help Brands Track When Ads Drive People to Locations

    Snapchat once pledged not to be creepy with advertising. But the app does know an awful lot about where its users go in the real world. To help advertisers leverage that unique data, Snap Inc. is set to roll out Snap to Store. Marketers will be able to use the tool to measure whether their ad campaigns on the Snapchat app actually drive users to specific locations, like stores, restaurants and movie theaters.

  • Current Event
    6 years ago
    by junglman
    +6 +1

    Snapchat Is Under Heavy Fire

    The famous social networking app for sending self destructing messages is under heavy fire in India and Spain. The two countries cumulatively account for over 10 Million users in Snapchat’s database, and the number is certainly important for a growing social network. Yet, Evan Spiegel (CEO ) doesn’t think so. After Variety.com reported that in a 2015 meeting Evan Spiegel allegedly said that Snapchat is only for the “rich people” and he has no intentions of expanding its user base in ‘poor countries’ like India and Spain, All hell broke loose.

  • Current Event
    6 years ago
    by Apolatia
    +23 +1

    Snap misses on Q1 earnings, stock craters 20%

    Snap Inc. missed Wall Street expectations for its first quarterly earnings as a public company on Wednesday, sending its shares plunging more than 20%.