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Bombd Sets Up Shop In Venice, Aims At Social Networking

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Bombd , a startup which develops a social networking and messaging app revolving around sharing instant photos with others, has set up shop in Venice Beach. The startup--originally started in Australia--said its team and founders have moved to Venice Beach to scale the app in the U.S., READ MORE>>.

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Snapchat: 35 Employees, Great Place To Work

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Venice-based social networking app developer Snapchat looks to be on the prowl for employees, based on a new recruiting video released onto YouTube by the company Wednesday morning. In the video, Snapchat''s employees -- of which there are 35 -- talk about working at Snapchat and in Venice. video embedded below).

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Snapchat Expands To Video Chat

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Venice, California-based social networking wunderkind Snapchat has extended out its application, saying today that it has added a new, video chat ability to its app--part of a move to add "presence" to the company''s popular app. snapchat chat videochat expansion social networking' READ MORE>>.

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Report: Snapchat Valued At $10 Billion In New Funding

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Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. snapchat venture capital rumor valuation kpcb investment messaging social networking' READ MORE>>.

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Snapchat Ramps Up Security With Captcha Features

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Venice, California-based Snapchat seems to have learned its lesson from its recent security breach , and has proactively added a new CAPTCHA feature -- asking new users to select images containing its trademark ghost to prove they are human, and not a machine when creating an account. The new feature rolled out Tuesday. READ MORE>>.

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Yahoo Planning Big Investment In Snapchat, Says Report

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Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. snapchat yahoo investment venture capital valuation social networking' READ MORE>>. snapchat yahoo investment venture capital valuation social networking'

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Altly Reveals Seed Investors

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Altly detailed its plans to create an alternative to Facebook last week, complaining in a lengthy manifesto from Shapiro that an alternative to Facebook was sorely needed due to privacy and other issues with the social networking site. Shapiro was the former founder of Veoh Networks and head of MySpace Music. READ MORE>>.

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