Mobile messaging service Snapchat is known for its self-destructing messages; the idea of the Mission Impossible like missive is to send a message that you don't want others stumbling on. The company, which just raised $60 million at an $800 million valuation, doesn't turn a profit yet, but is growing rapidly. Last month, the service processed 350 million "snaps" versus the 200 million it processed in June...Source: http://www.phonearena.com/news/WSJ-Zuckerberg-tried-to-buy-Snapchat-for-more-than-1-billion_id48732
