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Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. snapchat original content layoff hollywood snapchannel social MORE
Santa Monica-based movie ticketing app Atom Tickets is launching its app as a third-party, branded experience on Snapchat , the company announced on Wednesday. According to Atom Tickets, its new experience, Movie Ticekts By Atom, will let users on Snapchat watch movie trailers, buy movie tickets, and share their movie plans with friends all within Snapchat's Mini feature. atom tickets snapchat movie trailer content entertainment MORE
It’s quite possible that Snapchat could do the same for L.A. Column Social TC Los Angeles Snapchat PayPal Mafia Evan SpiegelIf you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Companies like Google, Yahoo, Oracle and PayPal attract top talent for years; when they reach maturity or a major liquidity event, their talent disperses and germinates into the next generation of companies. MORE
Venice, California-based Snapchat has settled charges with the Federal Trade Commission , the FTC said Thursday afternoon, and has agreed to misrepresent the extent to which it maintains the privacy, security, and confidentiality of users'' information--and will also be required to implement a "comprehensive privacy program" monitored for the next 20 years. million Snapchat usernames and phone numbers from the service. snapchat security legal lawsuit mobile capture MORE
Venice-based Snap, the parent company of Snapchat, has pulled a controversial filter, which had been accused of encouraging reckless driving. snap snapchat filter speed lawsuit accidentsThe "speed filter" had allowed users to capture how fast they were moving. The company has faced a number of lawsuits from families of users who had been injured or killed in car crashes, claiming the filter had resulted in those accidents. MORE
In what has been a constant, Snapchat -all-the-time news week, the Venice, California-based messaging company has apparently cut loose its COO , Emily White, as CEO and co-founder Evan Spiegel has decided to take a more hand-on role at the company. White had only joined Snapchat in 2013, having formerly been Instagram''s Director of Business Operations. snapchat executive emily white evan spiegel instant messaging MORE
Venice-based Snapchat is apparently testing a feature that will allow its users to insert their own faces (or those of their friends)--"deepfake"-style--into other people's videos, and has been testing the feature in France , according to French users. Snapchat said today that the new feature will roll out globally on December 18th, allowing iOS and Android users to insert their faces into more than 150 videos. snapchat faces video deepfake content MORE
the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. snapchat cimagine media israel israeli merger acquisition augmented realityVenice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012. READ MORE>>. MORE
Venice-based Snapchat has been sued in a class action lawsuit , over what the lawsuit says are obscene news stories published via Snapchat Discover. The lawsuit alleges "willful and intentional violations" of the Communications Decency Act by Snapchat in linking to media partners such as Buzzfeed, Vice, and MTV. snapchat lawsuit legal discovery obscenity geragos buzzfeed clickbait MORE
A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. snapchat merger acquisition exit social networking communicationsNo terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>. MORE
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 snapchat founder evan spiegel content movieQuibi had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik. Variety did not say why Quibi decided to drop its plans for the series. Quibi raised a huge, $350M funding round back in January for the streaming service. MORE
The identities and credentials for more than 50,000 Snapchat users have been stolen and posted to the Internet, after a massive phishing attack on Snapchat's users, according to a report. snapchat phishing phish email cybersecurity security MORE
Snapchat is reportedly set to roll out a redesign of its app in mid-June by merging its Discover and Live Story features MORE
Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. Snapchat is in the midst of an IPO effort being led by Morgan Stanley and Goldman Sachs Group. Snapchat recently changed its corporate name to Snap, Inc. snapchat snapinc snap merger acquisition exit social networking MORE
the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. The lawsuit, filed by Anthony Pompliano, claims that Snapchat used false statistics on user numbers to recruit Pompliano from Facebook, and that Snapchat has since made it difficult for him to find a new job. snapchat legal lawsuit merger acquisition anthony pompliano court facebook MORE
Venice-based Snapchat is planning to launch a new feature in February, which will feature users' Bitmoji avatars as the main characters in a custom cartoon. A number of users have posted the teaser for Bitmoji TV that Snapchat apparently sent out over the last couple of days. bitmoji snapchat avatar cartoon comic entertainment social MORE
Venice, California-based Snapchat is getting set to launch a new set of tools around mental health and wellness , according to a report today. snapchat snap mental health wellness resources anxiety socialThe new tools--expected to launch today--will offer up resources for dealing with anxiety, mental health, and suicide, according to the report. The features will reportedly surface when users search for certain keywords and topics related to mental health and wellness. READ MORE>>. MORE
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 MORE
In what might be the most unusual product to come out of Venice-based Snapchat , the company appears to have issued its own line of playing cards to inspire people to post Snaps of themselves on the service. Snapchat's official Twitter account tweeted out a link to the Official Snapchat Playing Cards , sold by Snapchat Inc., game drinking social cards playing snapchat snapkings kings alcohol MORE
Employees of Venice-based Snap , the parent company of Snapchat , have been abusing access to a tool--SnapLion--that allows them to retrieve user data, including saved Snaps, location information, phone numbers, and email addresses, according to a report. The report--from Vice's Motherboard--claims that Snapchat employees have abused that data access to spy on users. snap snapchat spying snaplion cybersecurity security privacy MORE
Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds. snapchat merger acquisition evan spiegel MORE
Los Angeles-based Snapchat has hired Drew Vollero as SVP of Finance, and acting Chief Financial Officer, the company said this week. snapchat finance drew vollero mattellVollero was former at Mattell, and also has served at Taco Bell, Yum! Brands, and ZS Associates. Vollero was most recently SVP Corporate Strategy, Development, and Investor Relations at Mattel, where he had been for 15 years; he lives in Orange County. READ MORE>>. MORE
Venice, California-based Snapchat has debuted the new meditation features that it developed with Los Angeles-based Headspace this morning, the new meditation-with-friends feature that the company announced at its Partner Summit in June. MORE
Venice-based Snapchat has plans to add news articles, advertisements, TV, and movie clips to the service, according to reports this week, in a new service called Snapchat Discovery. The new service, which is expected to debut in November, would be the first attempt by Snapchat to convert the popularity of its disappearing photo messaging service into actual revenues. snapchat news advertising photo messaging disappearing social MORE
Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2 snapchat venture capital instant messaging fidelity investments communications MORE
In an unconventional, and probably unintended use of the Snapchat "gender switch" filter, a Bay Area college student has snagged a cop , who allegedly was looking to "hook up" with a teenage girl. The Snapchat filter--which went viral in May--makes users photos look like the opposite gender, by modifying photos to change face shape, skin texture, hair length, and other characteristics. Snapchat is based in Venice, California. MORE
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. Snapchat said that it has temporarily turned of new account creation and prevented Snapchatters from receiving chats from friends they had not previously added on the service. MORE
Yesterday I wrote a primer on how to use Snapchat for my peer group of “over 30” people who don’t yet “get” Snapchat. Today I want to talk briefly about why I believe Snapchat is an important media company. It’s up to Team Snapchat to live up to its financial expectations but I believe it certainly has the potential. Snapchat is performing off the hook on all fronts. But Snapchat starts with one hell of an advantage. MORE
A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round. snapchat fidelity writedown investment write down finance messaging instant disappearing unicorn MORE
otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. Snapchat has been rumored to have been working on an IPO for several months now, and had been looking to choose an investment bank for the offering earlier this year. acquisition merger messaging instant march snapchatVenice-based instant messaging company Snap Inc. MORE
Venice-based Snapchat has confirmed its acquisition of Bitmoji, the developer of software which lets people create their own, personalized "emoji", which they can insert into Snapchat. The company--which announced the deal via a comic strip on Tuesday--said Bitmoji's team has joined Snapchat as part of the deal. Snapchat reported paid around $100M for Bitmoji's parent company, Bitstrips. merger bitmoji snapchat acquisition comic strip emoji software MORE
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. Snapchat apparently is in the midst of a growth surge, with openings in Venice for a HR recruiting coordinator, engineers, and others, according to its jobs page. MORE
A new report this morning says that a new survey of users of Venice, California-based Snap 's social networking app, Snapchat , finds opinion of the brand has dropped significantly due to its redesign. The report says the opinions of 18- to 34-year old users of Snapchat dropped 73 percent following the redesign, based on data from YouGov. mobile redesign millenial snapchat MORE
A report, published over the weekend by TechCrunch, calls Snapchat Spectacles a failure , pointing out only 0.08% of Snapchat's users have purchased the camera sunglasses. snapchat spectacles snap business camera sunglasses failure consumer products glasses social mediaThe coverage follows a report last week from The Information, which says that Snap's Spectacles have been piling up at warehouses , with "hundreds of thousands of unsold units". READ MORE>>. MORE
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. Snapchat said that, by default, snaps sent to a group are deleted by default after 24 hours, and that each recipient can only open and replay each of those snaps once. snapchat group chat chatting communications social mobile MORE
Venice, California-based Snapchat has raised an enormous, $485.6M The funding appears to be linked to an earlier reported funding effort by the company this year, led by Kleiner Perkins Caufield & Byers, which reportedly values Snapchat at over $10 billion. snapchat venture capital investment kpcb social messaging instant kleiner funding round, according to a regulatory filing from the company on New Year''s Eve. MORE
Venice, California-based Snapchat , the social networking service that is part of Snap, Inc., Snapchat is under the microscope from UK lawmakers related to a criminal case where the family of a murder victim was taunted via Snapchat by a killer from prison. snapchat verification algorithm software international social media communicationsis under fire in the UK, after the company admitted that its age-verification system "doesn't work" to UK lawmakers. MORE
Los Angeles-based MomentFeed , which develops social marketing software to help multi-location, retail brands better manage the information about their local stores, has linked up with Snapchat's partner program, according to the company. Snapchat said that MomentFeed is now one a number of "Snapchat Partners", which lets MomomentFeed's customers execute targeted, location-based paid advertising campaigns using Snap Ads and Geofilters. MORE
Los Angeles-based Snap , the parent company of Snapchat , has inked a deal with NBC where NBC will produce four, daily original shows on the Olympics and Team USA for Snapchat, according to Variety. The move most likely will help Snapchat cement its place among millenials and Gen Z as a major distribution route for content to younger demographics. snap snapchat summer olympic games 2020 content publishing MORE
Venice, California-based Snapchat is launching its new set of health and wellness tools, well ahead of schedule, due to the growing threat of the COVID-19 virus threat, and will surface educational information on the new virus and health measures, as well as mental health content. Snapchat had earlier announced plans for its Here For You tool in February, offering up relevant content when people search on terms related to mental health, anxiety, depression, and suicide. MORE
Venice-based Snapchat says it is expanding the outreach efforts it has been running as part of its Yellow Accelerator. Snapchat said it is expanding Yellow to introduce a new program to support Snapchat integration, in addition to its annual programs. snapchat yellow accelerator integration expansion snap software MORE
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 snapchat venture capital rumor valuation photo messaging mobile MORE
Facebook has launched an unfriendly feud by aping the features of social media upstart Snapchat MORE
Venice, California-based social messaging service Snapchat is opening up an office in Seattle, and plans to hire at least 50 staffers in the Rain City. According to a report , Snapchat has leased 8,000 square feet in the city, part of a quest to find more technical talent for the company. snapchat seattle office expansion growth jobs employment MORE
Snapchat Related Topics socalTECH
JUNE 17, 2021
Venice-based Snap, the parent company of Snapchat, has pulled a controversial filter, which had been accused of encouraging reckless driving. snap snapchat filter speed lawsuit accidentsThe "speed filter" had allowed users to capture how fast they were moving. The company has faced a number of lawsuits from families of users who had been injured or killed in car crashes, claiming the filter had resulted in those accidents.
socalTECH
JULY 20, 2020
Venice, California-based Snapchat has debuted the new meditation features that it developed with Los Angeles-based Headspace this morning, the new meditation-with-friends feature that the company announced at its Partner Summit in June.
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socalTECH
AUGUST 26, 2020
Santa Monica-based movie ticketing app Atom Tickets is launching its app as a third-party, branded experience on Snapchat , the company announced on Wednesday. According to Atom Tickets, its new experience, Movie Ticekts By Atom, will let users on Snapchat watch movie trailers, buy movie tickets, and share their movie plans with friends all within Snapchat's Mini feature. atom tickets snapchat movie trailer content entertainment
TechCrunch LA
DECEMBER 2, 2016
It’s quite possible that Snapchat could do the same for L.A. Column Social TC Los Angeles Snapchat PayPal Mafia Evan SpiegelIf you were to write a history of Silicon Valley, you could do it by looking at a series of major diaspora. Companies like Google, Yahoo, Oracle and PayPal attract top talent for years; when they reach maturity or a major liquidity event, their talent disperses and germinates into the next generation of companies.
L.A. Business Journal
OCTOBER 21, 2016
Facebook has launched an unfriendly feud by aping the features of social media upstart Snapchat
socalTECH
DECEMBER 30, 2019
Venice-based Snapchat is planning to launch a new feature in February, which will feature users' Bitmoji avatars as the main characters in a custom cartoon. A number of users have posted the teaser for Bitmoji TV that Snapchat apparently sent out over the last couple of days. bitmoji snapchat avatar cartoon comic entertainment social
socalTECH
JULY 16, 2020
Venice-based Snapchat says it is expanding the outreach efforts it has been running as part of its Yellow Accelerator. Snapchat said it is expanding Yellow to introduce a new program to support Snapchat integration, in addition to its annual programs. snapchat yellow accelerator integration expansion snap software
socalTECH
FEBRUARY 11, 2020
Venice, California-based Snapchat is getting set to launch a new set of tools around mental health and wellness , according to a report today. snapchat snap mental health wellness resources anxiety socialThe new tools--expected to launch today--will offer up resources for dealing with anxiety, mental health, and suicide, according to the report. The features will reportedly surface when users search for certain keywords and topics related to mental health and wellness. READ MORE>>.
socalTECH
NOVEMBER 15, 2016
A report on Tuesday afternoon from Reuters says that Venice, California-based social communications and networking app developer Snapchat has filed its paperwork for its IPO. snapchat merger acquisition exit social networking communicationsNo terms or details on that IPO have been yet announced by the company, which has been rumored to be working on an IPO for months. READ MORE>>.
socalTECH
APRIL 15, 2020
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 snapchat founder evan spiegel content movieQuibi had said last year at SXSW that it would film a series based on the script "Frat Boy Genius" by Elissa Karasik. Variety did not say why Quibi decided to drop its plans for the series. Quibi raised a huge, $350M funding round back in January for the streaming service.
socalTECH
MARCH 13, 2015
In what has been a constant, Snapchat -all-the-time news week, the Venice, California-based messaging company has apparently cut loose its COO , Emily White, as CEO and co-founder Evan Spiegel has decided to take a more hand-on role at the company. White had only joined Snapchat in 2013, having formerly been Instagram''s Director of Business Operations. snapchat executive emily white evan spiegel instant messaging
socalTECH
JULY 7, 2016
Venice-based Snapchat has been sued in a class action lawsuit , over what the lawsuit says are obscene news stories published via Snapchat Discover. The lawsuit alleges "willful and intentional violations" of the Communications Decency Act by Snapchat in linking to media partners such as Buzzfeed, Vice, and MTV. snapchat lawsuit legal discovery obscenity geragos buzzfeed clickbait
socalTECH
OCTOBER 9, 2014
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
socalTECH
JANUARY 2, 2015
Venice, California-based Snapchat has raised an enormous, $485.6M The funding appears to be linked to an earlier reported funding effort by the company this year, led by Kleiner Perkins Caufield & Byers, which reportedly values Snapchat at over $10 billion. snapchat venture capital investment kpcb social messaging instant kleiner funding round, according to a regulatory filing from the company on New Year''s Eve.
socalTECH
MAY 27, 2015
Venice-based Snapchat , the high flying, high profile startup led by Evan Spiegel, is planning an IPO, according to Spiegel, who talked about the company's IPO plans at a conference on Tuesday. The plans for an IPO are not a surprise, given the ultra high valuation that Snapchat has been getting in its latest private funding rounds. snapchat merger acquisition evan spiegel
socalTECH
JUNE 11, 2019
In an unconventional, and probably unintended use of the Snapchat "gender switch" filter, a Bay Area college student has snagged a cop , who allegedly was looking to "hook up" with a teenage girl. The Snapchat filter--which went viral in May--makes users photos look like the opposite gender, by modifying photos to change face shape, skin texture, hair length, and other characteristics. Snapchat is based in Venice, California.
socalTECH
JANUARY 23, 2020
Los Angeles-based Snap , the parent company of Snapchat , has inked a deal with NBC where NBC will produce four, daily original shows on the Olympics and Team USA for Snapchat, according to Variety. The move most likely will help Snapchat cement its place among millenials and Gen Z as a major distribution route for content to younger demographics. snap snapchat summer olympic games 2020 content publishing
socalTECH
APRIL 16, 2013
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. Snapchat said that it has temporarily turned of new account creation and prevented Snapchatters from receiving chats from friends they had not previously added on the service.
socalTECH
AUGUST 27, 2015
Los Angeles-based Snapchat has hired Drew Vollero as SVP of Finance, and acting Chief Financial Officer, the company said this week. snapchat finance drew vollero mattellVollero was former at Mattell, and also has served at Taco Bell, Yum! Brands, and ZS Associates. Vollero was most recently SVP Corporate Strategy, Development, and Investor Relations at Mattel, where he had been for 15 years; he lives in Orange County. READ MORE>>.
socalTECH
AUGUST 20, 2014
Venice-based Snapchat has plans to add news articles, advertisements, TV, and movie clips to the service, according to reports this week, in a new service called Snapchat Discovery. The new service, which is expected to debut in November, would be the first attempt by Snapchat to convert the popularity of its disappearing photo messaging service into actual revenues. snapchat news advertising photo messaging disappearing social
socalTECH
JANUARY 5, 2017
the parent company of Snapchat , has filed lawsuit in the Los Angeles County Superior Court, alleging that he was fired for refusing to tell lies to potential IPO investors. The lawsuit, filed by Anthony Pompliano, claims that Snapchat used false statistics on user numbers to recruit Pompliano from Facebook, and that Snapchat has since made it difficult for him to find a new job. snapchat legal lawsuit merger acquisition anthony pompliano court facebook
socalTECH
MAY 11, 2018
A new report this morning says that a new survey of users of Venice, California-based Snap 's social networking app, Snapchat , finds opinion of the brand has dropped significantly due to its redesign. The report says the opinions of 18- to 34-year old users of Snapchat dropped 73 percent following the redesign, based on data from YouGov. mobile redesign millenial snapchat
socalTECH
OCTOBER 1, 2015
In what might be the most unusual product to come out of Venice-based Snapchat , the company appears to have issued its own line of playing cards to inspire people to post Snaps of themselves on the service. Snapchat's official Twitter account tweeted out a link to the Official Snapchat Playing Cards , sold by Snapchat Inc., game drinking social cards playing snapchat snapkings kings alcohol
socalTECH
JULY 19, 2016
Venice-based Snapchat has confirmed its acquisition of Bitmoji, the developer of software which lets people create their own, personalized "emoji", which they can insert into Snapchat. The company--which announced the deal via a comic strip on Tuesday--said Bitmoji's team has joined Snapchat as part of the deal. Snapchat reported paid around $100M for Bitmoji's parent company, Bitstrips. merger bitmoji snapchat acquisition comic strip emoji software
socalTECH
JUNE 7, 2013
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 snapchat venture capital rumor valuation photo messaging mobile
socalTECH
OCTOBER 13, 2015
Venice-based Snapchat has shut down its original content efforts, and laid off around 15 people who were working on the Snap Channel, according to Deadline. Snapchat had launched its original content efforts in January, to develop its own original content and music for the service. snapchat original content layoff hollywood snapchannel social
socalTECH
FEBRUARY 12, 2014
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. Snapchat apparently is in the midst of a growth surge, with openings in Venice for a HR recruiting coordinator, engineers, and others, according to its jobs page.
socalTECH
MARCH 4, 2016
Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2 snapchat venture capital instant messaging fidelity investments communications
socalTECH
FEBRUARY 20, 2018
The identities and credentials for more than 50,000 Snapchat users have been stolen and posted to the Internet, after a massive phishing attack on Snapchat's users, according to a report. snapchat phishing phish email cybersecurity security
socalTECH
NOVEMBER 10, 2015
A report Tuesday in the Financial Times said that investment giant Fidelity has written its investment in Los Angeles-based Snapchat by 25 percent, citing data from a Morningstar report. Snapchat--arguably, the most visible "unicorn" startup in Southern California--had been valued at $15 billion in its last fundraising round. snapchat fidelity writedown investment write down finance messaging instant disappearing unicorn
socalTECH
MARCH 19, 2020
Venice, California-based Snapchat is launching its new set of health and wellness tools, well ahead of schedule, due to the growing threat of the COVID-19 virus threat, and will surface educational information on the new virus and health measures, as well as mental health content. Snapchat had earlier announced plans for its Here For You tool in February, offering up relevant content when people search on terms related to mental health, anxiety, depression, and suicide.
socalTECH
DECEMBER 28, 2016
the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. snapchat cimagine media israel israeli merger acquisition augmented realityVenice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. Cimaging Media develops augmented reality technology. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012. READ MORE>>.
socalTECH
DECEMBER 9, 2019
Venice-based Snapchat is apparently testing a feature that will allow its users to insert their own faces (or those of their friends)--"deepfake"-style--into other people's videos, and has been testing the feature in France , according to French users. Snapchat said today that the new feature will roll out globally on December 18th, allowing iOS and Android users to insert their faces into more than 150 videos. snapchat faces video deepfake content
L.A. Business Journal
JUNE 3, 2016
Snapchat is reportedly set to roll out a redesign of its app in mid-June by merging its Discover and Live Story features
socalTECH
JANUARY 20, 2016
Venice, California-based social messaging service Snapchat is opening up an office in Seattle, and plans to hire at least 50 staffers in the Rain City. According to a report , Snapchat has leased 8,000 square feet in the city, part of a quest to find more technical talent for the company. snapchat seattle office expansion growth jobs employment
socalTECH
MAY 8, 2014
Venice, California-based Snapchat has settled charges with the Federal Trade Commission , the FTC said Thursday afternoon, and has agreed to misrepresent the extent to which it maintains the privacy, security, and confidentiality of users'' information--and will also be required to implement a "comprehensive privacy program" monitored for the next 20 years. million Snapchat usernames and phone numbers from the service. snapchat security legal lawsuit mobile capture
socalTECH
MAY 24, 2019
Employees of Venice-based Snap , the parent company of Snapchat , have been abusing access to a tool--SnapLion--that allows them to retrieve user data, including saved Snaps, location information, phone numbers, and email addresses, according to a report. The report--from Vice's Motherboard--claims that Snapchat employees have abused that data access to spy on users. snap snapchat spying snaplion cybersecurity security privacy
socalTECH
OCTOBER 6, 2016
otherwise known as SnapChat , is aiming at a March IPO, according to a report on Thursday afternoon. Snapchat has been rumored to have been working on an IPO for several months now, and had been looking to choose an investment bank for the offering earlier this year. acquisition merger messaging instant march snapchatVenice-based instant messaging company Snap Inc.
socalTECH
OCTOBER 26, 2016
Venice-based Snapchat is hoping to launch an IPO, which will raise the company an astounding $4 billion in capital--valuing the company at between $25 billion and $35 billion--according to a report on Wednesday from Bloomberg. Snapchat is in the midst of an IPO effort being led by Morgan Stanley and Goldman Sachs Group. Snapchat recently changed its corporate name to Snap, Inc. snapchat snapinc snap merger acquisition exit social networking
socalTECH
DECEMBER 14, 2016
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. Snapchat said that, by default, snaps sent to a group are deleted by default after 24 hours, and that each recipient can only open and replay each of those snaps once. snapchat group chat chatting communications social mobile
socalTECH
OCTOBER 30, 2017
A report, published over the weekend by TechCrunch, calls Snapchat Spectacles a failure , pointing out only 0.08% of Snapchat's users have purchased the camera sunglasses. snapchat spectacles snap business camera sunglasses failure consumer products glasses social mediaThe coverage follows a report last week from The Information, which says that Snap's Spectacles have been piling up at warehouses , with "hundreds of thousands of unsold units". READ MORE>>.
socalTECH
MARCH 20, 2019
Venice, California-based Snapchat , the social networking service that is part of Snap, Inc., Snapchat is under the microscope from UK lawmakers related to a criminal case where the family of a murder victim was taunted via Snapchat by a killer from prison. snapchat verification algorithm software international social media communicationsis under fire in the UK, after the company admitted that its age-verification system "doesn't work" to UK lawmakers.
Both Sides of the Table
MARCH 12, 2016
Yesterday I wrote a primer on how to use Snapchat for my peer group of “over 30” people who don’t yet “get” Snapchat. Today I want to talk briefly about why I believe Snapchat is an important media company. It’s up to Team Snapchat to live up to its financial expectations but I believe it certainly has the potential. Snapchat is performing off the hook on all fronts. But Snapchat starts with one hell of an advantage.
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