Business

Snapchat Planning for IPO

  (CNN) – Evan Spiegel, the founder and CEO of the popular messaging service, revealed Tuesday that his company is preparing for an initial public offering, but wouldn’t provide details on timing. “We need to IPO. We have a plan to do that,” he said Read More

Business

Snapchat Worth 10 Billion?

  (USA Today) LOS ANGELES – Snapchat, the wildly popular messaging app favored by young folks, has quietly raised new funds that bring its valuation to nearly $10 billion, according to a report in the Wall Street Journal. Citing “people with knowledge of the matter,” the Read More