By Jon Russell
Tencent, the Chinese internet giant valued at $470 billion, may have a hand in rebooting the Snapchat app to make it more competitive with Instagram and Facebook.
Off the back of some very poor financials announced this week, parent company Snap said it is retooling the messaging app “to make it easier to use.”
Now Tencent, which upped its stake in Snap with the purchase of 12… Read More
Source: Tech Crunch