Snapchat is expanding beyond its signature here-and-gone media sharing philosophy with the introduction of Stories, a new timeline feature enabling users to compile photos and videos that may be viewed an unlimited number of times over a 24-hour period.
Snapchat users are now sharing more than 350 million photos each day, increasing from 200 million in June 2013, CEO Evan Spiegel said.
Photo-sharing platform Snapchat has completed a Series B financing round totaling $80 million, vaulting the startup's pre-money valuation to $800 million, TechCrunch reports.
Snapchat released version 5.0 of its popular photo sharing service for Apple's iOS, dramatically overhauling the app's user interface.
When it comes to BYOD, a major concern of IT managers is data security on personally owned mobile devices. Some firms are looking at apps like the Snapchat as a model for corporate data security.
Snapchat is adding new video capture and sharing features to its popular photo application for Android, bringing the app in line with features available in its iOS counterpart.
Fast-growing photo sharing application Snapchat has completed a Series A venture funding round totaling $13.5 million, led by Benchmark Capital. The New York Times reports the investment values Snapchat between $60 million and $70 million.
Facebook is trialing a new photo messaging application closely resembling the fast-growing Snapchat service, sources familiar with the project told All Things D.
Snapchat is rolling out a new version of its photo messaging application optimized for Google's Android mobile operating system.