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Report: No Snapchat Series On Quibi

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Los Angeles-based mobile streaming video startup Quibi will not be launching a series about Venice, Californi-based Snapchat , according to a report from Variety. Quibi had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik.

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Snapchat Hit By Spam Attack

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Snapchat , the hot Venice-based startup which lets users send self-destructing photos to each other, has been hit by a spam attack, the firm said this morning. Snapchat said that it believes an individual created multiple accounts and sent snaps to Snapchatters with public accounts. READ MORE>>.

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Snapchat, R/GA Partner For New Startup Accelerator

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the parent firm behind Snapchat , has joined up with R/GA Marketing --which helps run the Dodgers Accelerator in Los Angeles--to launched a new startup accelerator, the R/GA Marketing Tech Venture Studio with IPG. Venice, California-based Snap Inc. , READ MORE>>.

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Snapchat Confirms $50M Series C Round

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Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independent company. Snapchat has now raised $125.0M Snapchat has now raised $125.0M in funding.

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Snapchat In Major Security Breach

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Venice-based social photo messaging service Snapchat had a major security breach over the holidays, when at least 4.6 Snapchat has not yet responded to the reports on the leaked data. snapchat social mobile startup instant photo messaging security' The breached data was apparently published via a post to Reddit.

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Report: Snapchat Turns Down $3 Billion Offer From Facebook

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In a very bold move, Venice-based Snapchat has apparently turned down a $3 billion acquisition offer from Facebook , according to a report today from the Wall Street Journal. snapchat merger acquisition exit facebook tencent mobile' READ MORE>>.

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Lawsuit Targets Snapchat Founders, Venture Investors

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A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. READ MORE>>.

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