Snapchat Investors Found Their Golden Goose in a Field of Turkeys
Startups littering the social-media field, from Friendster and Myspace to Secret and Bebo, helped make shares in Snap Inc. seem so alluring.

Startups littering the social-media field, from Friendster and Myspace to Secret and Bebo, helped make shares in Snap Inc. seem so alluring.
WSJ's Joanna Stern has the do's and don'ts of what to do with pesky marketing and spam text messages. Photo/video: Drew Evans/The Wall Street Journal.
Indonesian President Joko Widodo filmed a video selfie with Saudi Arabia's King Salman, during a luncheon to kick off the king's 12-day state visit to Indonesia. Photo: Presiden Joko Widodo via Storyful
A mysterious gambler whose winning streak was blamed by Las Vegas Sands for denting profit at its newest property in Macau is proving elusive.
Several Chinese companies pledged to boycott their South Korean counterparts and shares of South Korean retailers slumped on a report of Chinese retaliation.
Alibaba is placing a big bet on India’s hotly contested e-commerce market, pouring $177 million more into Paytm as the Chinese tech titan chases growth beyond its shores.
With Attorney General Jeff Sessions recusing himself from any probe related to the 2016 campaign, all eyes will be on his soon-to-be-confirmed deputy, Rod Rosenstein. WSJ's Gerald Seib gives us insights on the current U.S. Attorney in Baltimore, who will now step up to face questions on the Russian investigation. Photo: AP
Attorney General Jeff Sessions has recused himself from the investigation into whether Trump officials met with Russian operatives during the election, but that's just a small part of a larger counterintelligence probe into alleged Russian interference. Here's where the investigations stand. Photo: Getty
Malaysian police issued an arrest warrant for an employee of North Korean state carrier Air Koryo in the killing of Kim Jong Nam, hours after freeing the only North Korean who had been detained in the case.
President Donald Trump has laid out an ambitious agenda to overhaul health care, taxes and infrastructure, but internal disputes within the Republican party could slow down or possibly derail his plans. WSJ's Shelby Holliday reports. Photo: Evan Vucci/Associated Press
The spectacular eruption of Mount Etna, Europe's most active volcano, has attracted tourists—including skiers, some of whom followed a smoldering boulder as it rolled down the slope after landing near them. Photo/Video: Rosario Catania/Storyful
Snap shares soared 44% on the first day of trading in an initial public offering that will likely hand the disappearing-message app’s founders, investors and underwriters big profits and provide a boost for the sluggish new-issue market.
Casino operators in the world’s biggest gambling hub will have to renew their concessions in the next few years.
The very capable Land Rover Discovery SUV has a canny ability to cater to suburban fantasies.
Turkish government officials were set to hold events ahead of the April referendum to increase President Erdogan’s authority.
Russian-backed Syrian government troops recaptured the historic city of Palmyra from Islamic State for the second time.
Advanced Micro Devices started selling new personal-computer chips that challenge market leader Intel for the first time in years.
New research advances hope that the same genetic chemistry found in the building blocks of life may provide enough storage to handle the explosive growth of digital data; the entire internet in a single beaker.
Elbows are flying, and the situation seems ‘ominous.’ It’s beginning to look a lot like 1986.
A year after oil magnate Aubrey McClendon died in an auto crash, lawyers in Oklahoma City are sifting through the tangle of obligations and assets he left behind, trying to determine if he died a wealthy man—or swamped by debt.
Jeff Sessions colludes with Russia’s ambo in plain sight.
The acting SEC chief highlights some long-neglected Americans.
Fillon is on the ropes, and Macron unveils a flabby agenda.
Trump’s speech was clear, plain, even warm at times. Could we be seeing a capacity to grow?
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