Snapchat Quietly Files For $25B Initial Public Offering

Snapchat Quietly Files For $25B Initial Public Offering

A month after the rumor mill began swirling with ideas that Snap — the parent company of quick-photo messaging app Snapchat — would file for an initial public offering, the tech company has officially filed papers to go public to the tune of $25 billion.  [More]

Is Bank Of America Of Trying To Skirt The CARD Act With New Annual Fees?

Is Bank Of America Of Trying To Skirt The CARD Act With New Annual Fees?

In a series of recent posts, WalletBlog has accused Bank of America of breaking the spirit of its “no new fees” promise and of potentially breaking the law next year, after it announced it will introduce annual fees on some existing credit card accounts in 2010.