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Snapchat: 35 Employees, Great Place To Work

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Venice-based social networking app developer Snapchat looks to be on the prowl for employees, based on a new recruiting video released onto YouTube by the company Wednesday morning. In the video, Snapchat''s employees -- of which there are 35 -- talk about working at Snapchat and in Venice. READ MORE>>.

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Snapchat's Age Verification Under Fire In The UK

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Venice, California-based Snapchat , the social networking service that is part of Snap, Inc., is under fire in the UK, after the company admitted that its age-verification system "doesn't work" to UK lawmakers. READ MORE>>.

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Snapchat Expands To Video Chat

socalTECH

Venice, California-based social networking wunderkind Snapchat has extended out its application, saying today that it has added a new, video chat ability to its app--part of a move to add "presence" to the company''s popular app. snapchat chat videochat expansion social networking' READ MORE>>.

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Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

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Snapchat Rolls Out Security Updates

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Venice-based instant photo messaging service Snapchat has released an update to the company''s software for both Android and iOS, in response to the major security breach over the holidays resulting from the abuse of its "Find Friends" feature. snapchat security software breach social networking cybersecurity network'

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Lawsuit Targets Snapchat Founders, Venture Investors

socalTECH

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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Report: Snapchat Valued At $10 Billion In New Funding

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Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

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