Snapchat has launched a Chat service, that lets users share both text and video. To start chatting, swipe right on a friend’s name in your...

Photo-messaging service Snapchat has raised a $50 million round of funding from Coatue Managment. The company had declined a $3 billion acquisition offer from...

Facebook offered to buy Snapchat for $3 billion, but the messaging service declined the deal. According to a report in the Wall Street Journal by Evelyn M. Rusli and Douglas MacMillan, Snapchat, and the company's 23-year old CEO Evan Spiegel will not likely consider an acquisition anytime soon.