The Ticker: Snapchat Gets Rich; Facebook Goes Virtual; Celebrity Networks; And More

A roundup of the morning's news.

Bloomberg Businessweek: Snapchat Seeks Up to $19B Value in Funding

The Next Web: Facebook Confirms It’s Working on Virtual Reality Apps

The New York Times: Coming Soon, Web Networks for a Bevy of Celebrities

HBR: The Mistake Companies Make When Marketing to Different Cultures

The Wall Street Journal: Questions Marketers Need to Ask Before Using Too Much Data