Social MediaNewsfeed: Saudi Arabia Snapchat Meeting | Tumblr Creatr Network

Snapchat CEO attends meeting with Saudi prince. Tumblr reveals results of Creatrs network. These stories, and more, in today's Morning Social Media Newsfeed.

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The CEO of Snapchat Met with Saudi Arabia’s Prince Alwaleed Amid Funding Rumors (VentureBeat)
As funding rumors swell, news broke that Snapchat chief Evan Spiegel met with Saudi Arabian Prince Alwaleed Bin Talal this month. Prince Alwaleed is the majority owner of the Kingdom Holding Company and has previously invested in firms like Twitter and Citigroup. Reuters The meeting comes as Snapchat embarks on a new funding round that values the business at up to $19 billion.

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