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Businesses

SnapChat Turns Down $3 Billion Offer From Facebook 188

Dr Herbert West writes about a reported $3 billion offer from Facebook that Snapchat CEO Evan Spiegel turned down. "Snapchat, a rapidly growing messaging service, recently spurned an all-cash acquisition offer from Facebook for close to $3 billion or more, according to people briefed on the matter. The offer, and rebuff, came as Snapchat is being wooed by other investors and potential acquirers. Chinese e-commerce giant Tencent Holdings had offered to lead an investment that would value two-year-old Snapchat at $4 billion. Evan Spiegel, Snapchat’s 23-year-old co-founder and CEO, will not likely consider an acquisition or an investment at least until early next year, the people briefed on the matter said. They said Spiegel is hoping Snapchat’s numbers – of users and messages – will grow enough by then to justify an even larger valuation, the people said."
GNU is Not Unix

Systemd Ditches GNU C Library for Their Own 92

In his typical fashion of replacing perfectly working software with useless broken-by-design crap, our dearest Lennart has decided that the time has come for systemd to gain an email program. He determined that the GNU libc was insufficient for the task of a dbus-enabled cpu hogging email client, leading to the new systemd libc: " Technically, this move makes perfectly sense, too. We are sick of supporting unstable glibc APIs and ABIs, and we believe that we greatly benefit from the fact that we now finally have everything the OS userspace consists of in one single repository. Of course, this new libc is not available to Ubuntu and other Linux distributions that have not yet adopted systemd. However, after deliberately choosing a home-grown display server (Wayland) over the generally accepted one (Mir) we decided creating an incompatible libc would be the best approach to create a strong platform following a strict release cadence."

On the bright side "We also renamed the API call creat() to create()..."

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