Snapchat reportedly rejects Facebook's multibillion-dollar buyout

Sources say Snapchat has spurned a $3 billion acquisition offer from Facebook, and that 23-year-old CEO Evan Spiegel has said he won't sell a significant portion of the company until at least next year. Facebook had hoped that Snapchat could help it win back teen users, but some analysts say the messaging application would have lost much of its appeal after a Facebook takeover. "If you're friends with your parents and relatives on Facebook, you don't want to share your most candid pictures there," Ryan Tate writes.

View Full Article in:

Wall Street Journal (tiered subscription model), The · Bloomberg Businessweek · Wired.com

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Sr. Manager, Sales Marketing - Mobile
Pandora Media, Inc.
New York, NY
Sr. Manager, Sales Marketing - Mobile
Pandora Media, Inc.
New York, NY
Manager, Sales Marketing- Gaming & Entertainment
Pandora Media, Inc.
Oakland, CA
Manager, Sales Marketing- Healthcare
Pandora Media, Inc.
Oakland, CA
Sales Marketing, Project Manager
Pandora Media, Inc.
Oakland, CA