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Messaging App Snapchat Says It Is Worth $19bn

Written By Unknown on Rabu, 18 Februari 2015 | 23.11

Snapchat - the app which lets you send and receive self-destructing photographs and videos - says it is worth $19bn (£12.4bn).

The company is looking to raise up to $500m (£325m) in a new funding round, according to a company source cited by Bloomberg.

If the money is raised, it would mean the company has doubled in value since last year - when it raised $486m (£314m) from investors including Yahoo.

The app was developed by Evan Spiegel, who turned down a $3bn (£1.94bn) takeover offer from Facebook in 2013.

The 24-year-old is understood to have a 15% stake in the company, which would be worth $2.85bn (£1.85bn) if Snapchat hits its $19bn valuation.

Snapchat is particularly attractive to advertisers because it has younger users than many other social networks.

On Friday, Snapchat branched out from its core service, launching the first UK and Ireland-specific channels for its Discover service.

Sky News and Sky Sports now feature on the platform, publishing an edition each afternoon with stories specifically created for the app.

At $19bn, Snapchat would be the third-most valuable tech firm that does not trade its shares publicly.

Chinese smartphone maker Xiaomi is worth an estimated $46bn (£29bn), while taxi app Uber is valued at $41bn (£26.6bn).


23.11 | 0 komentar | Read More

Greek Insider Likens 'Arrogant' Germany To Nazis

By Robert Nisbet, Europe Correspondent

Germany's government has been "overtaken by arrogance" in its approach to debt negotiations, a Greek government source has told Sky News.

The senior Syriza politician said Athens would call for an emergency EU leaders' summit if the Eurogroup failed to convene on Friday to discuss its application for a loan extension.

The new government wants separately to negotiate the conditions attached to the loan at a later date, which has been called unacceptable by German finance minister Wolfgang Schaeuble.

Greek negotiators say it is a "tactical manoeuvre" designed to give both sides more time to develop a new rescue package, which would would be less onerous on the Greek people.

Criticising Germany's approach to the talks, a Greek government source told Sky News: "Germany has been overtaken by arrogance.

"It's like being back in the 1940s, being asked to surrender."

The €240bn bailout, which came with more than 400 conditions - including reducing the public sector, shrinking pensions and lowering the minimum wage - expires in 10 days.

There are fears that if a deal is not agreed in outline this week, then Greece could start to have difficulty servicing its debts.

That could lead to more capital being pulled out of Greek banks and a so-called messy default, which could see a return to the drachma.

A source told the Associated Press (AP) news agency that Greece will ask for an extension of up to six months of a loan agreement with the eurozone, on conditions to be negotiated.

AP says the source drew a distinction between a loan agreement and the full bailout programme, which the Greek government insists is dead.

Mr Schaeuble dismissed the suggestion of an extension, telling broadcaster ZDF: "It's not about extending a credit programme but about whether this bailout programme will be fulfilled, yes or no."


23.11 | 0 komentar | Read More

Nigerian Army 'Kills 300 Boko Haram Fighters'

Hundreds of militants have been killed during the struggle to recapture the Nigerian garrison town of Monguno, according to officials.

"Over 300 terrorists were killed while a few were also captured," said defence spokesman Major-General Chris Olukolade.

The claims follow similar statements from Niger, Chad and Cameroon - who are also involved in fighting the terror group - but they have not been independently confirmed.

The army has often claimed success against the group which has then been contradicted by witness reports.

Civilian vigilantes in the town confirmed it had been retaken and said there had been heavy casualties, but did not specify how many people had died. 

A large stockpile of arms, equipment and ammunition was also said to have been destroyed.

Monguno has been in the hands of Boko Haram since 25 January,

There are fears the group is looking to use the town as a springboard for a raid on Borno's state capital, Maiduguri, 80 miles away.

Defence spokesman Mr Olukolade said "massive" casualties had followed a two-day operation to regain Monguno and 10 other communities.

Armoured vehicles, 300 motorbikes, an anti-aircraft gun, eight different types of machine gun, rocket-propelled grenades and ammunition were among the equipment seized, said the spokesman.

He added that two Nigerian soldiers had been killed and 10 others injured during the fighting.

"The cordon and search operation is continuing along with aggressive patrols by troops who are now dominating the cleared communities," the statement said.

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  1. Gallery: Profile Of Boko Haram Leader

    Abubakar Shekau is the leader of Boko Haram. He took control of the Islamist group after the death of founder Mohammed Yusuf in 2009

Little is known about him, although he was born in Shekau village in the northeastern state of Yobe and is now thought to be in his early 40s

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23.11 | 0 komentar | Read More

Be Like Sheep, Hong Kong's 'Wolf' Tells Flock

Be Like Sheep, Hong Kong's 'Wolf' Tells Flock

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Hong Kong's Beijing-backed leader has called on the region's residents to act like sheep in the wake of the pro-democracy protests last year.

Leung Chun-ying (CY), the chief executive of the region's executive council, made his statement on the eve of the Chinese Year of the Sheep.

It followed a year in which rallies protesting against interference by mainland China in Hong Kong affairs drew hundreds of thousands on to the streets.

Some of Mr Leung's critics have previously nicknamed him the 'wolf', both because his name sounds like the Chinese word for wolf - lang - and because he is regarded as devious and cunning.

A message on the chief executive's website appears to have missed the irony when it was posted on Wednesday.

It said: "It is time to bid farewell to the Year of the Horse and welcome the Year of the Sheep.

"Sheep are widely seen to be mild and gentle animals living peacefully in groups.

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  1. Gallery: Dragons And Dance: Chinese New Year Festival

    Chinese folk artists perform during the opening ceremony of the Spring Festival Temple Fair at the Temple of Earth park in Beijing

A performer shows off his skills. The Chinese Lunar New Year will welcome the Year of the Sheep on 19 February. It is also known as the Year of the Goat or Ram

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The Chinese New Year date varies, but always falls between January 21 and February 20.

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Hundreds of millions of people travel home to spend New Year with their families - said to be the world's biggest annual migration. Continue through for more pictures of the spring festival

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Be Like Sheep, Hong Kong's 'Wolf' Tells Flock

We use cookies to give you the best experience. If you do nothing we'll assume that it's ok.

Hong Kong's Beijing-backed leader has called on the region's residents to act like sheep in the wake of the pro-democracy protests last year.

Leung Chun-ying (CY), the chief executive of the region's executive council, made his statement on the eve of the Chinese Year of the Sheep.

It followed a year in which rallies protesting against interference by mainland China in Hong Kong affairs drew hundreds of thousands on to the streets.

Some of Mr Leung's critics have previously nicknamed him the 'wolf', both because his name sounds like the Chinese word for wolf - lang - and because he is regarded as devious and cunning.

A message on the chief executive's website appears to have missed the irony when it was posted on Wednesday.

It said: "It is time to bid farewell to the Year of the Horse and welcome the Year of the Sheep.

"Sheep are widely seen to be mild and gentle animals living peacefully in groups.

1/10

  1. Gallery: Dragons And Dance: Chinese New Year Festival

    Chinese folk artists perform during the opening ceremony of the Spring Festival Temple Fair at the Temple of Earth park in Beijing

A performer shows off his skills. The Chinese Lunar New Year will welcome the Year of the Sheep on 19 February. It is also known as the Year of the Goat or Ram

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The Chinese New Year date varies, but always falls between January 21 and February 20.

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Hundreds of millions of people travel home to spend New Year with their families - said to be the world's biggest annual migration. Continue through for more pictures of the spring festival

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23.11 | 0 komentar | Read More

Syria Agrees 'To Halt' Airstrikes In Aleppo

Syria Agrees 'To Halt' Airstrikes In Aleppo

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The Syrian regime will end airstrikes on targets in Aleppo to test if a ceasefire in the city can be developed, a UN official has said.

The United Nations envoy to the country said he had been given a commitment there would be a suspension of bombing for six weeks.

Staffan de Mistura said no timeframe had yet been set but he would soon be returning to Syria to discuss the plan further.

He said the development provided a glimmer of hope for the devastated city.

He told reporters: "The government of Syria has indicated to me its willingness to halt all aerial bombing."

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  1. Gallery: Jan 2015: The Battle For Aleppo

    Aleppo has been one of the cities at the centre of Syria's civil war since it began in early 2011. Here a man carries a wounded girl after an airstrike by forces loyal to President Bashar al-Assad

A bus blocks a road amid damage on the Salah Al-Din neighbourhood frontline

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People walk amid the rubble of collapsed buildings at a site hit during a barrel bomb attack by Assad forces in the Al-Fardous neighbourhood

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Members of the Civil Defence rescue children after an airstrike in the al-Shaar neighbourhood

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A fighter from the Tawhid Brigade, which operates under the Free Syrian Army, fires an anti-tank missile at Assad forces

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Syria Agrees 'To Halt' Airstrikes In Aleppo

We use cookies to give you the best experience. If you do nothing we'll assume that it's ok.

The Syrian regime will end airstrikes on targets in Aleppo to test if a ceasefire in the city can be developed, a UN official has said.

The United Nations envoy to the country said he had been given a commitment there would be a suspension of bombing for six weeks.

Staffan de Mistura said no timeframe had yet been set but he would soon be returning to Syria to discuss the plan further.

He said the development provided a glimmer of hope for the devastated city.

He told reporters: "The government of Syria has indicated to me its willingness to halt all aerial bombing."

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  1. Gallery: Jan 2015: The Battle For Aleppo

    Aleppo has been one of the cities at the centre of Syria's civil war since it began in early 2011. Here a man carries a wounded girl after an airstrike by forces loyal to President Bashar al-Assad

A bus blocks a road amid damage on the Salah Al-Din neighbourhood frontline

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People walk amid the rubble of collapsed buildings at a site hit during a barrel bomb attack by Assad forces in the Al-Fardous neighbourhood

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Members of the Civil Defence rescue children after an airstrike in the al-Shaar neighbourhood

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A fighter from the Tawhid Brigade, which operates under the Free Syrian Army, fires an anti-tank missile at Assad forces

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23.11 | 0 komentar | Read More

Raid On HSBC's Private Bank In Switzerland

Prosecutors in Switzerland have launched an investigation into allegations of money laundering at HSBC's Swiss private banking arm.

It follows a report that the bank turned a blind eye to illegal activities of arms dealers and traders in blood diamonds while helping rich people evade taxes.

Geneva's prosecutors said that the premises of HSBC Private Bank (Switzerland) in the city were being searched.

A statement said: "Following the recent revelations related to the HSBC Private Bank (Switzerland), the public prosecutor announces the opening of a criminal procedure against the bank ... for aggravated money laundering."

The prosecutors said that although the probe was against the bank itself, the direction it would take may be widened to include individuals "suspected of committing or participating in acts of money laundering".

The announcement came just over a week after HSBC Switzerland found itself at the centre of a global scandal following the publication of secret documents.

The cache of files, made public in a French newspaper, claimed HSBC's Swiss private banking arm helped clients in more than 200 countries evade taxes on accounts containing £77bn ($119bn).

The files, which include the details of 30,000 accounts and the names of celebrities, were originally stolen by former HSBC IT worker Herve Falciani in 2007.

The documents were passed to the authorities in France and on to the HMRC which says it has subsequently clawed back £135m from some of the 3,600 Britons identified as potentially avoiding tax.

The International Consortium of Investigative Journalists (ICIJ), which analysed the list for the Le Monde newspaper, said accounts were held by arms dealers, dictators' associates, diamond smugglers and other "outlaws".

According to the files, the bank's clients included former and current politicians from Britain, Russia, India and a number of African countries.

Those named in the files include people sanctioned by the US, such as Turkish businessman Selim Alguadis and Gennady Timchenko, an associate of Russian President Vladimir Putin who was the subject of sanctions over the Ukraine crisis.

A statement from HSBC said: "We have co-operated continuously with the Swiss authorities since first becoming aware of the data theft in 2008 and we continue to co-operate."

Last week, the CEO of HSBC's Swiss private bank Franco Morra said it had shut down accounts from clients who "did not meet our high standards" and that the revelations about "historical business practices" were a reminder that the old model of Swiss private banking was no longer acceptable.


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Islamic State Accused Of 'Harvesting Organs'

Iraq's ambassador to the UN has asked it to look at claims Islamic State is harvesting human organs as a way of financing its terror campaign.

Bodies with surgical incisions and missing kidneys, or other body parts, have been found in shallow mass graves over the past few weeks, Mohamed Alhakim told the media.

"We have bodies. Come and examine them," he said. "It is clear they are missing certain parts."

A dozen doctors had been "executed" in Mosul for refusing to participate in the practice, he added.

Mr Alhakim accused IS of "crimes of genocide" by targeting certain ethnic groups as he briefed the UN Security Council on the overall situation in Iraq.

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  1. Gallery: Shia Fighters Battle IS In Iraq

    Shia fighters, who have joined the Iraqi army to fight against militants of the Islamic State, take part in field training in the desert in the province of Najaf. Continue through for more images

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23.11 | 0 komentar | Read More

Ukrainian Troops Withdraw From Key Town

Ukrainian Troops Withdraw From Key Town

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Ukrainian troops have withdrawn from the town of Debaltseve following fierce fighting with pro-Russian rebels, the country's president has said.

Petro Poroshenko said: "This morning the Ukrainian armed forces together with the National Guard completed an operation for a planned and organised withdrawal from Debaltseve.

"As of now we can say that 80% of our units have left."

Hundreds, if not thousands, of Ukrainian troops were believed to be trapped in the strategically important town, which links the two rebel-controlled regions in the east of Ukraine, Donetsk and Luhansk.

A pro-Russian rebel official cited by the separatist press service DAN earlier said hundreds of government troops were surrendering to separatist forces there.

The bodies of at least 13 Ukranian soldiers have been delivered to a morgue close to Debaltseve, a morgue official said.

Russian television station Channel One showed the rebels hoisting their flag over a high-rise building in Debaltseve.

But Mr Poroshenko denied claims the pro-government forces were encircled, and said the troops were leaving with weapons and ammunition.

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  1. Gallery: Ukraine Troops Leave Debaltseve

    A wounded Ukrainian soldier looks through a windows as he arrives to a hospital in Artemivsk

President Petro Poroshenko said 80% of units had left the town, in order to comply with the current ceasefire

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Mr Poroshenko: 'Armed forces together with the National Guard completed an operation for a planned and organised withdrawal from Debaltseve'

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Fierce fighting with pro-Russian rebels has raged around the strategically important town, which links the rebel-controlled regions of Donetsk and Luhansk

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Ukrainian servicemen ride on military vehicles as they leave an area around Debaltseve, eastern Ukraine

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Ukrainian Troops Withdraw From Key Town

We use cookies to give you the best experience. If you do nothing we'll assume that it's ok.

Ukrainian troops have withdrawn from the town of Debaltseve following fierce fighting with pro-Russian rebels, the country's president has said.

Petro Poroshenko said: "This morning the Ukrainian armed forces together with the National Guard completed an operation for a planned and organised withdrawal from Debaltseve.

"As of now we can say that 80% of our units have left."

Hundreds, if not thousands, of Ukrainian troops were believed to be trapped in the strategically important town, which links the two rebel-controlled regions in the east of Ukraine, Donetsk and Luhansk.

A pro-Russian rebel official cited by the separatist press service DAN earlier said hundreds of government troops were surrendering to separatist forces there.

The bodies of at least 13 Ukranian soldiers have been delivered to a morgue close to Debaltseve, a morgue official said.

Russian television station Channel One showed the rebels hoisting their flag over a high-rise building in Debaltseve.

But Mr Poroshenko denied claims the pro-government forces were encircled, and said the troops were leaving with weapons and ammunition.

1/21

  1. Gallery: Ukraine Troops Leave Debaltseve

    A wounded Ukrainian soldier looks through a windows as he arrives to a hospital in Artemivsk

President Petro Poroshenko said 80% of units had left the town, in order to comply with the current ceasefire

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Mr Poroshenko: 'Armed forces together with the National Guard completed an operation for a planned and organised withdrawal from Debaltseve'

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Fierce fighting with pro-Russian rebels has raged around the strategically important town, which links the rebel-controlled regions of Donetsk and Luhansk

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Ukrainian servicemen ride on military vehicles as they leave an area around Debaltseve, eastern Ukraine

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23.11 | 0 komentar | Read More

'Creepy Uncle' Biden Mocked On Twitter

By Sky News US Team

Vice President Joe Biden has been mocked on social media after getting up close and personal with the wife of the new defence secretary during his swearing-in ceremony.

As Ash Carter began speaking at the White House, Mr Biden beckoned Stephanie Carter from across the room, then put both hands on her shoulders - just as her husband thanked the VP for presiding over the ceremony.

Mr Biden's hands lingered for roughly 20 seconds until he leaned in and whispered in her ear.

What he was confiding is unclear, but the image was captured on camera and gave Twitter users a field day.

"Joe Biden channels everyone's creepy uncle," wrote user @allipearson.

"U.S.'s lovable-but-creepy Uncle Joe got way too touchy (and whispery!) with new #SecDef's wife,"  said another, @the_ken_leonard.

Mr Biden is no stranger to improvisation - or to gaffes.

He has built a brand on his tendency to speak his mind, endearing him to those who crave authenticity from political leaders but also providing fodder to his critics and late-night comedians.

In 2006, then-Senator Biden told an Indian-American supporter that in Delaware, "you cannot go to a 7-Eleven or a Dunkin' Donuts unless you have a slight Indian accent".

Mr Biden's aides said he simply meant to highlight the vibrant Indian-American community in his home state.

And during Barack Obama's first inauguration he was overheard dropping the F-word close to a mic. Not to mention his perennial grin.

Mr Biden, who has run for president twice before, has said he is considering running again in 2016.


23.11 | 0 komentar | Read More

Race Row Chelsea Fans May Face Match Ban

Police are investigating whether any of the Chelsea fans who were filmed stopping a black man getting on a train in Paris can be banned from football.

The club has condemned the supporters' behaviour as "abhorrent" and said it will support any criminal action against them.

They are believed to have been travelling to the city's Parc des Princes stadium for a Champions League game against Paris Saint Germain.

The Metropolitan Police said it was aware of the incident and was working with the French authorities.

It said: "We will examine the footage with a view to seeing if we can apply for football banning orders, preventing people from travelling from future matches."

Footage on The Guardian's website shows the commuter trying to board a metro train at Richelieu-Drouot station in the French capital.

A group of supporters are seen shouting and gesturing at the man and chanting "Chelsea, Chelsea, Chelsea", before pushing him away as he tries to step into the carriage.

When the man attempts to get on the train again, he points to a space where he could stand but is pushed back as he steps forward.

The fans then chant: "We're racist, we're racist, and that's the way we like it."

The supporters are also heard chanting: "Where were you in World War Two?"

British expatriate Paul Nolan, who filmed the incident, said: "He was obviously completely shocked when they pushed him off.

"I don't think he realised who they were. He then tried to get on again and got pushed off a second time."

The club said it would take "the strongest possible" action if members are found to have been involved.

It said: "We will support any criminal action against those involved, and should evidence point to involvement of Chelsea season-ticket holders or members the club will take the strongest possible action against them, including banning orders."

A Chelsea fan at the scene defended the actions of the group, insisting they were chanting about club captain John Terry and that other passengers were also prevented from boarding the train.

Mitchell McCoy said: "I'm not in the video but I'm on the carriage. We got on the train and at the station where the man was trying to get on we stopped for a couple of minutes.

"He tried to get on and a few people were pushing him off because there wasn't much space. You couldn't move.

"People were saying it was because he was black. It's not true at all."

Mr McCoy, 17,  said the song was about Terry, who was banned for four matches by the Football Association for racially abusing QPR's Anton Ferdinand in 2011.

The regulatory commission which ruled on the case stated that the Chelsea captain was "not a racist".

Kick It Out chairman Lord Ouseley condemned the fans' behaviour and said the anti-discrimination body would support any prosecutions.

Prime Minister David Cameron told LBC Radio: "This does look extremely disturbing and very worrying. It's obviously potentially a criminal offence and so I'm sure the French police will be looking at it very seriously."

UEFA, European football's governing body, also condemned the incident, but said it was out of its remit because it happened away from the stadium.

A French police spokesman said they had received no complaints.


23.11 | 0 komentar | Read More
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