One to watch: Latest technoboomer to hit the bigtime is Snapchat, which on the basis of new...

|By:, SA News Editor

One to watch: Latest technoboomer to hit the bigtime is Snapchat, which on the basis of new investment is worth $800M. Snapchat today revealed a $60M funding round led by Institutional Venture Partners. Techcrunch reported that Snapchat accounts for more photos shared than Instagram, and it's often cited as an example of what Facebook's (FB) Poke tried to do but couldn't (I, II).