Snapchat, an unprofitable company "worth" $10 billion, just unveiled a new feature called "Snapcash." It allows teen users send each other money, just like Venmo already does. Snapchat celebrated the feature by dressing actors up in suits with dollar signs and having them dance on showers of cash.

Today Snapchat CEO Evan Spiegel joins the grand tradition of tech CEOs who trashed talked ads in ways they later came to regret. In a blog post announcing new ads for American users, the company said it wants to harken back to the days before ads "got creepy and targeted."

Snapchat CEO Evan Spiegel, whose teen smartphone sensation was recently valued at $10 billion, spoke at Vanity Fair's New Establishment Summit yesterday. The 24-year-old wore a $220 sweatshirt from Acne Studios that said "You First." He cooly deflected his frat boy rep. He brushed off the haters. It was a chill sitch.

The new PR captain at Snapchat has her first headache: Elizabeth and Sarah Turner are suing the company (and its deeply unlikable CEO) for taking advantage of them through an unpaid modeling gig.

The next time Snapchat's fratty young master puts his loafers in his maw, his newest hire will be there to assist: Jill Hazelbaker is the app's new communications director, and she has a penchant for internet gaffes herself.

It's a big week for legal settlements! With the entire tech and business world paying attention to new iPhones, Snapchat just issued a little press release admitting Reggie Brown did indeed help create the app.

Evan Spiegel, the boyish cofounder and CEO of Snapchat, is dying to be taken seriously. He rejected Mark Zuckerberg, opines like Steve Jobs, and hobnobs with media titans. But Spiegel's undergrad emails—when he began his path to Snapchat—show a different Evan. Did Steve Jobs ever joke about peeing on girls?

The level of interest app-makers can command for adding new features is usually limited to a dutiful parroting of the press release on tech blogs. Maybe a mass privacy freakout, if you're lucky. (Sucks, but at least you know they care!) The bros at Snapchat, however, have lived a pretty blessed life.

The last we heard from the T-Swah/Evan Spiegel kissy-cootie rumor mill, the two ended shortly after the the former stood the latter up at the Rose Bowl. But (paper) tabloid rags like this week's OK! are still very into it.

I understand why Town & Country shoehorned three techies into their "Sexiest Bachelors 2014" list. If coders are the new bankers, and bankers were the new imperial vassal lords (or something), it fits. To a regressive glossy, powerful parvenues are the best bachelors—but try not picking the creepiest in Startupland.

OMFG: the startup scene is ablaze with the same lip gloss-smudged rumor: Spring Fling tiara-wearer Taylor Swift and sociopathic app dude Evan Spiegel kissed with their mouths on New Year's Eve.

In a recent interview with Forbes as part of their "30 Under 30" bonanza, the mag sat down and talked Facebook diplomacy with Evan Spiegel, the young, sorta-sociopathic chief executive of Snapchat. He tried to look cocky-confident, but with the truth out, he just looks like a cock.

The $3 billion boy, Evan Spiegel, had a very good New Year's Eve. He allegedly partied at a lavish L.A. company fete with Taylor Swift and coworkers, looking back on a meteoric 2013. His millions of users, however, had their phone numbers stolen—and so far, he doesn't think he owes anyone an apology.

On Christmas Eve, Gibson Security published information on how to exploit loopholes in Snapchat's security that "allow mass matching of phone numbers with names and mass creation of bogus accounts," reports ZDNet. Gibson published the codes because they were "sick of" Snapchat ignoring their warning since August.

After all that jazz, Snapchat confirmed to TechCrunch that it only raised $50 million for its Series C round from a little known hedge fund called Coatue Management. Although Evan Spiegel says the cofounders didn't cash out this time around, Dan Primack has a theory that secondaries might have been sold separately.

The volume of pure resentment spewing out of Snapchat is approaching early-Winklevoss levels: TechCrunch reports the co-creators, embroiled in legal grappling, are now asking for a restraining order against their former friend after alleged leaks to the press.

According to a Business Insider report, a new regulatory filing unearthed by VCExperts, which measures data on private companies, shows that Snapchat will only raise $54 million, a steep drop from the rumored $200 million round. But the biggest nosedive is the ephemeral trendsetter's valuation. The filing says investors value Snapchat at $2 billion—not the $3 billion, or $3.5 billion, or $4 billion previously reported.

Snapchat's 23-year-old founder continues his goodwill campaign: in a video deposition clip obtained by Business Insider, Evan Spiegel says his only regrets about forcing out his partner is "the generosity" of letting him work for free.

Here's an image that Snapchat co-creator Evan Spiegel will hope disappears: his girlfriend, model Lucinda Aragon, will attempt to woo ABC's "The Bachelor" in the upcoming season. Zuckerberg and Priscilla look like two Quakers by comparison.