Good morning! Let’s dig into the news:
4. Facebook is trying to kill Snapchat, again, with a new photo sharing app called Slingshot. Oddly, Slingshot was in the App Store, then it was pulled. Looks like it was launched too soon.
5. The LA Tech scene is really booming: Oculus VR sold to Facebook for $US2 billion, Disney bought Maker Studios for $US500 million, Apple bought Beats for $US3.2 billion, and Nasty Gal, Whisper, Tinder, and Snapchat are gaining steam.
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