Skip to main content

Hiding in Apple’s shadow, Snapchat quietly announces ownership settlement

Image used with permission by copyright holder
Strategically timed to coincide exactly when the majority of the tech community was focused on Apple’s press conference today, Snapchat representatives quietly announced that the company has reached a settlement with ousted co-founder Frank Reginald Brown. According to Brown’s claims, Snapchat co-founders Evan Spiegel and Bobby Murphy worked directly with him at Stanford University in creating a similar application called Picaboo. Brown claimed that he came up with the idea of disappearing picture messages, one of Snapchat’s core features, as well as the ghost logo.

While the terms of the agreement have not been made public, Brown’s legal team indicated that he was originally seeking more than one billion dollars. Presumably, that percentage of the company would have come out of Spiegel and Murphy’s ownership stake of approximately 15 percent each. However, it’s possible that the monetary value of the settlement is small. The company has yet to figure out how to monetize the application without driving 100 million young users to one of the many competitors that have popped up in the last twelve months.

Speaking about the settlement, Spiegel said “We are pleased that we have been able to resolve this matter in a manner that is satisfactory to Mr. Brown and the Company. We acknowledge Reggie’s contribution to the creation of Snapchat and appreciate his work in getting the application off the ground.”

This is a complete turnaround from previous statements discussing the lawsuit. During 2013 after the lawsuit was filed, Snapchat released a statement which read “We are aware of the allegations, believe them to be utterly devoid of merit, and will vigorously defend ourselves against this frivolous suit.” Of course, Brown is currently prohibited from speaking about the terms of the settlement and is likely silenced from speaking about any existing ownership stake in the company.

Mike Flacy
By day, I'm the content and social media manager for High-Def Digest, Steve's Digicams and The CheckOut on Ben's Bargains…
The best password managers for iPhone
Login screen on an iPhone held by a woman.

As password management becomes more challenging because of the tons of logins we have to keep track of, it may be time to move beyond the default Apple Keychain for passwords on your iPhone. You may want a tool that seamlessly syncs with your Windows computer or offers extensions for web browsers other than Safari.

For safe and solid options to maintain passwords and logins on iOS, this list provides you with the features, security measures, and prices for the best password managers on iPhone.

Read more
I have a mysterious problem with my iPhone 15 Pro Max
iPhone 15 Pro Max laying outside in a park.

There’s an issue with the iPhone I’d like Apple to fix, but I’m not quite sure what it will take to do so. I don't know if it’s a hardware or a software problem or even if I’ll always notice it if the issue has gone away.

It’s the battery life, but not necessarily the length of time the battery lasts on a charge. It’s more about battery life consistency, which is currently (and has been for some time) all over the place.
What’s the issue?

Read more
Is this our first look at the OnePlus Watch 3?
Someone wearing the OnePlus Watch 2.

The OnePlus Watch 2 Joe Maring / Digital Trends

OnePlus has a small portfolio of wearables, particularly smartwatches. Despite its bankable hardware, the OnePlus Watch 2 that launched earlier this year had some evident cutbacks. These include the lack of LTE connectivity, the half-baked crown button, and the absence of now-standard health features such as ECG and body weight composition. With its next watch, OnePlus appears to be addressing some of those issues, a recent certification listing in China has revealed.

Read more