Snapchat valuation close to $10 billion

According to a report in the Wall Street Journal the messaging app
Snapchat has raised its valuation close to $10 billion.

Having turned down a $3 billion bid from Facebook last year it's
believed they've raised the cash thanks to private investors.

William Denselow reports from New York.

IN: "Citing people familiar..."
OUT: SOC
DUR: 35 seconds


AIR: http://www.fsnradionews.com/feeds/0827Snap-wd-air.mp3
ARN: http://www.fsnradionews.com/feeds/0827Snap-wd-arn.mp3
FM4: http://www.fsnradionews.com/feeds/0827Snap-wd-fm4.mp3
GENERIC: http://www.fsnradionews.com/feeds/0827Snap-wd-generic.mp3
ICRT: http://www.fsnradionews.com/feeds/0827Snap-wd-icrt.mp3
NIGERIA: http://www.fsnradionews.com/feeds/0827Snap-wd-von.mp3
RNZ: http://www.fsnradionews.com/feeds/0827Snap-wd-rnz.mp3
SRN: http://www.fsnradionews.com/feeds/0827Snap-wd-srn.mp3
TRIBUTE: http://www.fsnradionews.com/feeds/0827Snap-wd-trib.mp3
VATICAN: http://www.fsnradionews.com/feeds/0827Snap-wd-vat.mp3
ZIZ: http://www.fsnradionews.com/feeds/0827Snap-wd-ziz.mp3