The Year Observed

Oh, Snapchat! And 2013’s Other Tech Winners and Losers

Buddies! Yahoo CEO Marissa Mayer and Tumblr founder David Karp. (Photo: EMMANUEL DUNAND/AFP/Getty Images)

Snapchat’s Staying Power

Despite being a picture-messaging app whose missives disappear in seconds, Snapchat made clear that it wants to stay on the tech scene for years to come.

Invented by fraternity brothers at Stanford University in 2011, the start-up is still profitless, but it hasn’t lacked for buzz in 2013—or controversy. In February, Snapchat achieved the ultimate start-up status symbol by being embroiled in a lawsuit by a spurned frenemy named Reggie Brown. He claimed that founders Evan Spiegel and Bobby Murphy stole the idea from him, in a Social Network-esque lawsuit. Read More

Oh Snap

Snapchat Seeks Restraining Order Against Ousted Cofounder

Two tweens scoffing at your $3 billion offer. (Photo: Digital Trends)

In a display of drama that doesn’t come as much of a surprise knowing their track record, the certified bros at Snapchat reportedly filed for a temporary restraining order against one of their cofounders, TechCrunch reports.

The disappearing photo app’s three founders‐‐Reggie Brown, Evan Spiegel and Bobby Murphy‐‐are already embroiled in a lawsuit, with Mr. Brown alleging that he came up with the idea, then collaborated with Mr. Spiegel and Mr. Murphy before the latter two locked him out of access to building the app, which was then called Picaboo. Read More