FTC Tells Snapchat To Stop Lying About Photos Disappearing

Despite a security researcher warning the company… Snapchat continued to
misrepresent that the sender controls how long a recipient can view a
snap,” says the
FTC<http://www.ftc.gov/news-events/press-releases/2014/05/snapchat-settles-ftc-charges-promises-disappearing-messages-were>in
a notice that it is settling a complaint it brought against the
company that
reportedly turned down $3 billion from
Facebook<http://www.forbes.com/sites/jjcolao/2014/01/06/the-inside-story-of-snapchat-the-worlds-hottest-app-or-a-3-billion-disappearing-act/>.
As part of the settlement, Snapchat agrees to “no longer misrepresent the
extent to which it maintains the privacy, security, or confidentiality of
users’ information,” says the FTC.

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Source:
http://www.forbes.com/sites/kashmirhill/2014/05/08/government-tells-snapchat-to-stop-lying-about-photos-disappearing/
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