Snapchat develops Snapcash feature for user-to-user payments November 17, 2014 A new Snapchat feature will allow users to send money to friends alongside disappearing doodles. The instant messaging app has teamed up with payments processing firm Square to develop Snapcash; a new feature which allows users to send money directly into a friend’s bank account. Snapchat says users’ debit card details will be “securely [...]
The Snappening: Snapchat might see app snap after nude pictures leaked – Brand Index October 21, 2014 It was called the “Snappening” – the vast leak of Snapchat pictures, including thousands of nude images, some of them of under-17s – the app’s main demographic. Hackers said they had been able to intercept Snapchat photographs for years. Due to the age of many of the photo messaging app’s users, there had been concerns [...]
Yahoo in talks to invest in Snapchat app October 5, 2014 Yahoo is in talks to use part of its war chest from selling down its stake in Alibaba to invest in photo messaging app Snapchat. The start-up, which was launched in 2011 by three Stanford University students, is in the process of raising a new round of investment valuing it at around $10bn (£6bn). Yahoo [...]
Snapchat now fundraising with a $10bn valuation August 27, 2014 Ephemeral photo messaging app Snapchat is reportedly in the process of raising a new round of investment valuing the mobile messaging app at $10bn (£6bn), far above Facebook’s $3bn takeover offer last year. According to the Wall Street Journal, prolific Silicon Valley venture capital firm Kleiner Perkins Caufield & Byer is said to have invested [...]
Snapchat valued at $10 billion with new investment as monthly users reach 100m August 27, 2014 Evan Spiegel, the 24-year-old founder of Snapchat, must finally feel some vindication in his decision to turn down Facebook’s hefty $3bn (£1.8bn) offer for the hugely popular app last year. Snapchat is in the process of raising a new round of investment valuing the mobile messaging app at $10bn (£6bn), the Wall Street Journal reports, [...]
Snapchat eyes self-destructing news business August 20, 2014 Ephemeral photo messaging app Snapchat could soon offer more than just pictures and videos as it is reportedly in talks with a host of media companies and advertisers about offering perishable news and ads to users. According to a report in the Wall Street Journal, the so-called Snapchat Discovery service will let users read news [...]
This message will self-destruct in five seconds: Snapchat is set to offer disappearing ads August 20, 2014 Photo messaging app Snapchat could soon be offering users more than just perishable pictures and videos, according to the Wall Street Journal (WSJ). In a move that could actually begin to make the three-year old company some money, Snapchat has been in talks with a host of media companies and advertisers about offering disappearing news [...]
Slingshot, Facebook’s answer to Snapchat app, ‘accidentally released’ early June 10, 2014 Eager to jump on the photo messaging app bandwagon, Facebook accidently leaked its new Snapchat rival Slingshot on Monday but swiftly removed it from the app store. Facebook has yet to announce full details or a release date for the app, with a spokesperson telling media: “Earlier today, we accidentally released a version of [...]
Snapchat turns down $3bn offer from Facebook November 14, 2013 FOR THOSE under 25, the phrase, “Send me a snap!” needs no explanation. For those a little older, I’ll explain. Sending a “snap” means sending an image (most likely a selfie) to your friends using the app Snapchat. You can draw on the image or add a caption, and even decide how long friends can [...]