Report: Snapchat rejected $3bn bid from Facebook
Snapchat was created in 2011. According to the Wall Street Journal, it rejected a bid by Facebook. For $3bn. (via BBC).
— Oli Barrett (@OliBarrett) November 13, 2013
Snapchat rose to popularity as an app that allows people to share pictures, safe in the knowledge they would delete themselves after being viewed.
But recently privacy issues have been raised, and now an app called SnapHack has come on the market, allowing users to preserve Snapchat messages permanently.
What Are The Revenue Targets Snapchat Must Meet To Be Worth $3 Billion? http://t.co/pksl9xIn77 via @techcrunch — Will Corry (@slievemore) November 14, 2013
Turn Down a $3 Billion Offer? Dumb Move, Snapchat: You might walk away from a big offer if you thought you cou… http://t.co/coBFLynsCK
— Jim (@golocalmedia) November 13, 2013