Snapchat chief executive officer Evan Spiegel and CTO Bobby Murphy have reached an undisclosed settlement with bounced early partner Reggie Brown, the company has announced in a statement.
In a stealthy public relations move, the news was revealed on Tuesday as all eyes were on Apple's event announcing the iPhone6 and other new products following a Snapchat dispute that went on for months.
Brown claims to have come up with the original idea for the disappearing message app, originally called Peekaboo, while a student at Stanford, only to be shut out of the company launch.
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