By John McCarthy

Snapchat on Wednesday announced that a year-long ownership dispute with a shunned founder of the app has been settled.

Ousted co-founder Reggie Brown launched a lawsuit at the Superior Court of Los Angeles over a year ago claiming that he first came up with the concept of app which sends disappearing picture messages.

Brown claimed that he collaborated with app founder, and now CEO Evan Spiegel while at Stanford University. During this time Brown aided with Spiegel and CTO Robert Murphy during the app’s formative years.

A Snapchat statement said that Brown reached a mutually beneficial settlement with the app – but did Read full story ›

Source: The Drum