Snapchat Rejects $3b Offer by NSA/CIA (Facebook)

Real News Australia

Why all the interest in these internet start-ups? Intelligence gathering perhaps?

By General Maddox.
The I.T world was shocked to see yet another rejection by 23 year old Snapchat co-founder and CEO Evan Spiegel, to sell the two year old App to social media giant Facebook Inc. The US$3b offer was turned down and no official statement has been made as to why. Speculation by the industry is that Snapchat is holding out for more money. With new offers coming in from the worlds 3rd largest internet company, behind Google and Amazon, the Chinese owned Tencent Holdings Ltd has made an offer closer to US$4b so why not hold out for more cash?

But that’s not really the question that needs to be asked.

What people should be asking is; Why does the NSA/CIA (Facebook) want to buy a company that, according to the Wall Street Journal has,

No sales…

View original post 447 more words

About conspiracyoz

ConspiracyOz is a current news site with a uniquely Australian perspective, we seek the truth that mainstream media avoids.

Posted on November 16, 2013, in ConspiracyOz Posts. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: