Items tagged with Jaime-Sanchez

There was a moment there when the Snapchat guys were feeling pretty hot. Their mobile app was exploding in popularity, and Facebook practically begged to buy the service for a cool, but the company rejected the $1 billion offer--and then the $3 billion offer Facebook made thereafter. You could call it chutzpah or hubris, but hey, Mark Zuckerberg turned down insanely lucrative offers for Facebook when he was just a pup, and he went on to build an empire. So there’s some precedent there, but Snapchat probably wasn’t counting on the wildcard problem of being repeatedly hacked to smithereens,... Read more...