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Snapchat's multi-billion dollar gamble may be paying off

Date:
August 27, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
New investments into messaging start-up Snapchat put its valuation close to $10 billion, according to the Wall Street Journal, joining other hot startups like Uber and AirBnb. Bobbi Rebell reports. Video provided by Reuters


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last updated on 2014-10-23 at 3:51 am EDT

Online Video the New Frontline in China's Anti-Piracy Battle

Online Video the New Frontline in China's Anti-Piracy Battle

Reuters (Dec. 3, 2013) — Major players in China's multi-billion dollar online video business have upped the stakes in the fight against content poachers. Jane Lanhee Lee visits an anti-piracy operation for a firsthand look.
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Is Facebook Creating A Snapchat Copycat Again?

Is Facebook Creating A Snapchat Copycat Again?

Newsy (May 18, 2014) — Six months after Snapchat rejected Facebook's buy-out offer and just weeks after Facebook nixed Poke, a new Snapchat copycat might be in the works. Video provided by Newsy
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Apple Close to Buying Beats

Apple Close to Buying Beats

Reuters - US Online Video (May 9, 2014) — Sources say Apple is close to paying $3.2 billion for hip headphones maker Beats Electronics, but some analysts say Apple doesn't need another hot brand. Fred Katayama reports. Video provided by Reuters
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Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

Will Google Buy Spotify to Add Streaming Music Service to Portfolio?

TheStreet (June 5, 2014) — Google is in the market for a streaming music service, according to a report by the New York Post. While Apple has scooped up Beats and Amazon is reportedly planning on adding music streaming to Prime, the report says Google has been surveying the landscape and exploring how to offer a similar service. It cites a source who says Google has been having discussions with banks about its future music strategy. While the report prompts speculation that Google could attempt to scoop up Spotify, it cites concerns that the company, with a $4 billion valuation and 10 million paying customers, could grow too big. Video provided by TheStreet
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