Snapchat Turns Down $3 Billion From Facebook

wochit business
November 13, 2013 AT 11:17 AM
How seriously is Facebook taking the issue of declining engagement among its teenage users? So seriously, it was willing to drop $3 billion in cash to stop the bleeding. That’s how much Mark Zuckerberg recently offered the founders of Snapchat to purchase their photo-sharing app, according to The Wall Street Journal. Snapchat declined the offer