Your disappearing Snaps could be worth billions (The 3:59, Ep. 142)

We discuss Snapchat's confidential IPO filing, new restrictions on Airbnb and Google PhotoScan.

LONDON, ENGLAND - AUGUST 03: The Snapchat app logo is displayed on an iPad on August 3, 2016 in London, England. (Photo by Carl Court/Getty Images)
Carl Court, Getty Images

Snapchat is coming to Wall Street.

The social company reportedly filed for an initial public offering that values it at as much as $25 billion. The filing and that price illustrate just how significant Snapchat, and its parent company Snap Inc., have become since its founding just five years ago.

Also on the show, San Francisco tightened its rules on Airbnb home rentals and Google unveiled a new tool called PhotoScan to preserve old photos.

The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder.

Check out the extended shows on YouTube.

Your disappearing Snaps could be worth billions (3:59, Ep. 142)


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