Says allegations were made by a 'disgruntled employee fired for poor performance'
Snapchat app's ratings on Google play store witnessed a sharp decline
Users will now be able to search for over one million "Stories" on Snapchat
Google's video platform YouTube is on the fourth spot
Snap has been the word on Wall Street since it went public on March 2
The stock of Snapchat's parent company has been surging more than 70%
Snap raised $3.4 billion in the first US technology listing this year
Shareholders seem to have signalled that they believe Snapchat will ultimately prevail
The company has agreed to hold Snap's shares for at least a year
The stock closed at $24.48, giving the company a market value of $28.3 billion
Lightspeed Venture Partners was the first institution to invest in Snap
Snapchat aims to derive most of its revenue from advertising
The number of Snap's daily active users grew to an average of 158 million at the end of Dec
The messaging app firm expects to go public in March, may be valued at $20 bn to $25 bn
A dual-class structure creates two classes of shares, each with different voting rights
Currently, Snapchat has nearly 150 million daily active users.
Snapchat is introducing 'Our Story' -- a new global live story
The company was founded in 2012 and has raised a few million dollars
Social networks have traditionally formed tight bonds with actors, musicians, politicians and people who are known for nothing besides their online presence
International expansion is a natural next step for the five-year-old start-up