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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 raised a huge, $350M funding round back in January for the streaming service. Variety did not say why Quibi decided to drop its plans for the series.

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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. According to posts on Twitter, a large number of posts of a "naked lady" were sent to users on the service. snapchat spam attack spammer security chat social mobile'

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Snapchat Debuts Group Chat Feature

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Venice, California-based Snapchat said on Tuesday that it has launched a new group chat feature , called Groups , which lets up to 16 people communicate through the service. The new feature also includes ways to quickly start 1:1 chats with members of the group. READ MORE>>.

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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 million user names and phone numbers on the service were publicly published to the Internet. Snapchat has not yet responded to the reports on the leaked data. READ MORE>>.

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Report: Snapchat Acquires Zenly For $250M To $350M

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the parent company of Snapchat , has acquired social app startup Zenly , in a deal reportedly worth $250M to $350M in cash and stock. Snapchat just rolled out a new, location sharing feature for Snapchat based on Zenly's technology, but will continue to operate Zenly as an independent service. 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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Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

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Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 AllThingsD reports that the firm--which just raised $60M in June --is looking for more money, upping its valuation from $800M to $3.6 snapchat valuation venture capital mobile social teenager startup'

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