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Why Snapchat's Rejection of Facebook's $3 Billion Offer Is Good News

Why Snapchat's Rejection of Facebook's $3 Billion Offer Is Good News

Earlier in the week, it was revealed by the Wall Street Journal that image messaging firm Snapchat had rejected a $3bn acquisition offer from Facebook. And for Facebook this is worrying – because this is where a large portion of their audience is now heading.

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