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Posts Tagged ‘ Snapchat ’

Snapchat ​aims to raise $4 bn in IPO

Thursday, October 27, 2016 | More »

US-based instant messaging app Snapchat is reportedly planning to raise as much as $4 billion in its initial share sale. According to a report in Bloomberg, the initial public offering (IPO) could value Snapchat, owned by Snap Inc., as high as $40 billion. The report added that,  according to peopl...


Morgan Stanley, Goldman Sachs to be lead bankers for Snapchat’s IPO

Photo messaging service Snapchat is all set to hit the markets. With its initial public offering slated for March, Snap Inc, Snapchat’s parent, has shortlisted banks to lead and manage the exercise. Morgan Stanley and Goldman Sachs Group will lead the offering, a report by news agency Bloomberg ci...

13 October, 2016 | More »


Instagram launches a replica of Snapchat “Stories”

Instagram, the photo sharing app owned by Facebook, has taken a leaf out of rival Snapchat’s book and launched a feature which allows users to tell stories of their day by posting pictures and videos that disappear in 24 hours. The feature, called “Instagram Stories”, allows users to share as ...

3 August, 2016 | More »


Tech startups: Time for a reality check?

Has the moment of reckoning arrived for Indian internet companies? As India’s e-commerce poster boy Flipkart suffered its fifth markdown this week, this was the question that was on everyone’s lips. Around $5.8 billion has been shaved off its mid-2015 value of $15.2 billion when it last ...

28 May, 2016 | More »


Instagram blocks sharing for Telegram, Snapchat links

Instagram users have been blocked from deep-linking to messaging apps Telegram and Snapchat. On Thursday, messaging service provider Telegram issued a tweet: Another @Facebook tentacle closes on users’ ability to share a link to their Telegram profile. #hypocrisy pic.twitter.com/xC6ydp3M0p —...

4 March, 2016 | More »


Snapchat partners Square to launch P2P money transfer service Snapcash

Snapchat, a photo messaging application, has partnered with payments processing firm Square to launch a peer-to-peer (P2P) money transfer service. Called ‘Snapcash’, the service will enable its users to send money to another user via the messaging platform, the company said in a blog post. The s...

18 November, 2014 | More »

Jon Brod

Former AOL executive launches Snapchat-like app for professionals

Former AOL executive Jon Brod launched on Wednesday an app aimed at professionals who can send private messages that disappear once they are read. The new company Confide takes a page from the highly popular Snapchat, the mobile app embraced by teens that allows users to exchange fleeting photos and...

9 January, 2014 | More »


Snapchat says millions of user accounts compromised

Snapchat, the red-hot private messaging service, said on Thursday that it knew for months about a security loophole that allowed hackers this week to harvest millions of phone numbers and announced changes to its systems. An anonymous group called Snapchat DB posted the usernames and phone numbers o...

3 January, 2014 | More »


Snapchat rejected $3 billion buyout offer from Facebook: report

Mobile messaging startup Snapchat rejected an acquisition offer from Facebook Inc that would have valued the company at $3 billion or more, according to a Wall Street Journal report on Wednesday. Facebook representatives reached out to Snapchat in recent weeks to discuss the all-cash deal, which wou...

14 November, 2013 | More »