Ephemerality machine and $800 million on-again-off-again moral panic generator Snapchat sees some heavy stuff. The casual pics you send (or receive) might be just the evidence police are looking for—so Snapchat put together this handy manual for requesting your data.

The photo app du jour just received a cash injection that places its value at $800 million. Snapchat generates zero revenue, but the folks at IVP are very understanding: "It’s no secret that Snapchat has yet to turn on it’s monetization engine." My new favorite euphemism.

Om Malik says Snapchat—which is free, a potential privacy disaster, and makes zero money, in any currency, whatsoever—is "close to snagging about $100 million in new investment at a valuation nearing half a billion dollars." Let's think this through.

It looks like our brief national nightmare is over—Snapchat Leaked seems entirely removed from the internet. The app itself still hasn't provided any comment on the deeper privacy anxiety.

We do a lot of joking about how Snapchat is just for dickpics, and this new site (NSFW, of course) proves us wrong: Snapchat, a company with millions in venture funding, is used for all sorts of embarrassing sex shots, and they're being uploaded to the public without permission.

Evan You don't usually see nervous startup types on national TV shows, but Colbert welcomed Snapchat co-founders Evan Spiegel and Bobby Murphy last night. His question: why do we need this? How will it make money? Their answer? Uh.

Snapchat and Taco Bell, two of America's most unhealthy and beloved pastimes, are now together at last. Why? To make Taco Bell some money. Maybe. Even they're not really sure.