A 28-year-old who sold his company to Snapchat for $54 million and left to...
In 2014, Snapchat acquired Scan, a company cofounded by Utah native Garrett Gee and two friends, for $54 million.Scan's technology is the basis of Snapcode, the little black dots that populate Snapchat...
View ArticleThe fabulous and charmed life of 26-year-old self-made billionaire, Snap CEO...
Life is good for Evan Spiegel.His company, Snap Inc., is preparing for one of the most hotly anticipated initial public offerings of 2017 at a valuation of about $20 billion. The Snapchat app is...
View ArticleSnapchat is making its app less confusing as it prepares to IPO
One of the longstanding knocks against Snapchat is that the app's design is confusing to use.And with the company preparing for a massive IPO, that's something that might not sit well with investors...
View ArticleSnapchat is being sued over its Spectacles eyeball logo
Snapchat's parent company, Snap, is being sued over the eyeball logo featured on Spectacles vending machines.Glasses brand Eyebobs is claiming trademark infringement in a lawsuit filed in Minnesota...
View ArticleEvan Spiegel is selling his vision to investors ahead of Snap's huge IPO
Evan Spiegel, the cofounder and CEO of Snap Inc., met with potential investors in New York City last week as the company starts to mobilize backers for its highly anticipated initial public offering,...
View ArticleSony Entertainment's CEO is stepping down to go all in as Snap's chairman...
Sony Entertainment CEO Michael Lynton is stepping down from his position to focus on another role: Chairman of Snap Inc. Lynton has been a trusted adviser to Snap's Evan Spiegel and on the board of...
View ArticleYahoo CEO Marissa Mayer's next job should be a tech investor — her track...
No one knows for sure what Yahoo CEO Marissa Mayer will do after Verizon completes its planned $4.8 billion acquisition of the company.Given her experience, Mayer could pursue another CEO job. Or take...
View ArticleSnapchat adds search function
This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here.Snapchat has added a universal search bar at the top of the app that...
View ArticleNearly all of Snapchat's software developers in London used to work for Amazon
Snap, the parent company of Snapchat, has poached several engineers from Amazon for its new London-based engineering team, according to LinkedIn.LinkedIn profiles show that Snapchat's engineering team...
View ArticleThe creator of Timehop now works for Snapchat
Timehop cofounder and CEO Jonathan Wegener has joined Snapchat to work on product design, a Snap spokesman confirmed to Business Insider.Wegener joining Snap may seem odd given that Timehop is all...
View ArticleSnapchat hired a high-level State Department official to lead its global...
Snap Inc. has hired Jennifer Park Stout, who is currently deputy chief of staff to the Secretary of State, to be its new head of global public policy. Stout's job change was noted on her LinkedIn. Snap...
View ArticleNasdaq hired a helicopter to court Snapchat ahead of its IPO
SAN FRANCISCO/NEW YORK, Jan 19 (Reuters) - This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its...
View ArticleSnapchat's ad targeting is starting to look more like Facebook's
Snapchat has long resisted the kind of hyper-targeted ad tracking that makes Google and Facebook billions every year.But now the Venice, California company will show ads based on what its users buy in...
View ArticleT. Rowe Price is pushing back on Snap's plans to only sell non-voting shares...
T. Rowe Price, the mutual fund giant that is one of Snap's biggest backers, has reportedly "quietly and persistently" objected to a plan put forth by the internet company's founders to only sell...
View ArticleSnap fires back at ex-employee who alleged it inflated its numbers pre-IPO
Snap is calling a fired employee's lawsuit a "late-breaking bid" to air "sensationalist allegations" as the company prepares for long-awaited IPO, according to a new court filing. In early January,...
View ArticleThere's a Snapchat beta that lets you test new features before anyone else —...
When Snapchat introduces a new feature, it often tests it first with users of its free beta program.This program isn't exclusive to Snapchat employees; anyone can sign up and get the latest updates...
View ArticleSnapchat is opening itself up to more ad targeting
This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here.Snapchat’s ad targeting abilities have gone up another notch, The Wall...
View ArticleSnapchat is cracking down on racy and misleading content as it prepares to IPO
Snapchat will start cracking down on overtly sexual and misleading stories in its Discover section, a company spokesperson told Business Insider on Monday.Publishers who participate in Snapchat...
View ArticleA leaked report shows how much money publishers make from platforms like...
Publishers are receiving far less money than might have been expected from placing their content on the third-party distribution platforms owned by companies including Facebook, Google, and Snapchat,...
View ArticleFacebook just made a key move in its quest to crush Snapchat (FB)
After successfully copying Snapchat with Instagram Stories, Facebook is at it again in its big blue app.The same interface, which Facebook is aptly calling Facebook Stories, is currently being tested...
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