In this video Luke Rudkowski gives the the shocking and breaking news from Snapchat’s recent investors meeting, where the company has been evaluated for over $16 Billion dollars. According the sources within the meetings, Snapchat has offered up selling users photos and videos as stock footage to raise their evaluation.
abcnews.go.com recently published this:
You send a private photo to a friend who views it for a few seconds before it disappears forever, right?
Even after Snapchat admitted photos sent using the popular app don’t evaporate into the ether after all, experts say users still don’t grasp how difficult is it to entirely erase something from the Internet.
smh.com.au also documented:
In an update to its user Terms and Conditions, Snapchat said it had a “worldwide, perpetual, royalty-free, sublicensable, and transferable license to host, store, use, display, reproduce, modify, adapt, edit, publish, create derivative works from, publicly perform, broadcast, distribute, syndicate, promote, exhibit, and publicly display” any content you upload to the app, “in any form and in any and all media or distribution methods (now known or later developed)”.
Snapchat has recently changed their terms and services for this very reason and starting storing private photos and videos that everyone thinks are deleted.
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