Social Media

Ghosts of Past Tech IPOs Could Haunt Snapchat's Performance

Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc, but history suggests investors shut out of the initial public offering would be better off waiting a bit to chase this unicorn on the open market.

Self-Destructing Messenger the Hot App Among Politicians?

Could a new confidential messaging app with self-destructing technology be the solution to leak concerns among politicians? Confide co-founder and president Jon Brod discussed the encrypted communication app that is taking Washington, D.C. by storm in an interview with FOX Business.

Snap's Valuation Set Below Expectations

Snap, the owner of the popular messaging app Snapchat, set a valuation of between $16.20 billion and $18.52 billion in its initial public offering, significantly below expectations.