completed-late Archives

Snapchat seeks new funding at up to $19 billion valuation: Bloomberg

February 18, 2015 publisher advanced-talks, angeles, another-round, completed-late, dominance, facebook, gram-transfer, man-walks, mobile, programs-before, raise-as-much, school, send-messages, the-established, venice

(Reuters) – Snapchat is looking to raise as much as $500 million in a new funding round that would value the mobile messaging company at up to $19 billion, Bloomberg reported on Tuesday, citing a person with knowledge of the matter. The latest valuation is a massive increase for the company, which Facebook Inc offered to buy for $3 billion in late 2013.

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Russian accused in giant cyber heist pleads not guilty in U.S.

February 17, 2015 creative completed-late, eventually-sell, extradition, facebook, largest, mobile, nasdaq, scheme-dating, united

A Russian accused of helping mastermind the largest international data breach ever prosecuted in the United States pleaded not guilty on Tuesday, following his extradition from the Netherlands, the U.S. Department of Justice said.

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U.S. to allow export of smartphones, PCs to Sudan to boost access

February 17, 2015 publisher completed-late, extradition, facebook, greater-access, internet, mobile, some-personal, south-sudan, special-envoy, united-states

The United States on Tuesday eased restrictions on the export of some personal telecommunications devices to Sudan such as smartphones and computers, to help give ordinary Sudanese greater access to social networking and the Internet. The licensing changes announced by the U.S. Treasury will cover personal devices such as computers, mobile phones, radios and digital cameras, and related software and services, U.S.