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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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Report: Snapchat Raising $100M

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Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M

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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. video embedded below). READ MORE>>.

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Snapchat Planning First Ads

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Venice, California-based messaging app developer Snapchat is planning to roll out its first advertising effort soon, according to CEO Evan Spiegel, who said this week at the Vanity Fair New Establishment summit. snapchat advertising message instant disappearing social mobile smartphone evan spiegel' READ MORE>>.

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Snapchat Settles With FTC

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The FTC charges came out both the agency''s dis-satisfaction with the way Snapchat represented how difficult it was to pull screenshots and video from the app, as well as the widely publicized security breach where hackers pulled 4.6 million Snapchat usernames and phone numbers from the service. 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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