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Half Lives. Social Media. And Snapchat Stories.

Both Sides of the Table

As a technology prognosticator, watching Twitter and Facebook grow up was a real pleasure. And Snapchat has changed the game and in ways that I think the community doesn’t even quite understand yet. (If There are two reasons that stories was a big leap forward for Snapchat. But here is what I’ve learned about Snapchat.

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The Long Economic Case for Snapchat

Both Sides of the Table

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. Snapchat is performing off the hook on all fronts.

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Report: Snapchat Buys Cimagine Media

socalTECH

the parent company of Snapchat, has reportedly acquired Israeli startup Cimagine Media. Cimaging Media develops augmented reality technology. Venice-based Snap, Inc. , The deal is reportedly worth between $30M and $40M. The acquisition was first reported by a local Israeli financial daily. Cimagine was founded in 2012. READ MORE>>.

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

socalTECH

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.

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Snapchat Snags Investment Banker For Strategy Position

socalTECH

Venice-based messaging app developer Snapchat has hired a high profile, technology investment banker onto its team, the company disclosed Monday. Snapchat has hired Imran Khan, who had most recently been head of Internet banking at Credit Suisse, as its Chief Startegy Officer. Morgan Chase & Co. as an analyst. READ MORE>>.

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Snapchat Sets Up Secret Research Lab In Utah

socalTECH

the parent firm of Snapchat , has reportedly set up a new, secret location in Lehi, Utah, according to a report this week. Lehi is a major center of technology talent in Utah's Silicon Slopes, and is home to scores of other technology companies. Venice, California-based Snap, Inc. , co-founder Kirk Ouimet, who founded Scan.me

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Report: Fidelity Writes Down Investment in Snapchat

socalTECH

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.

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