A Wall Street Journal report says Snapchat's insane $4 billion valuation is already going to its head: the disappearing pic startup rejected a $3 billion buyout offer from Zuckerberg. Three billion in cash. Zero sense.

You know the story: Mark Zuckerberg and his (largely liberal) friends want to hire more foreign engineers, so they're pushing for an immigration bill that needs strong conservative support. They've had to play dirty—and their latest TV ad is maybe the silliest sellout yet.

From Kara Swisher's latest tech profile in Vanity Fair, one of those "this is indicative of something profound and strange, but I'm not exactly sure what" moments: