Nielsen: Snapchat isn't just for teens

06/26/2013 | CNET

About 8 million adults use the disappearing-image sharing application Snapchat in the U.S., though they are likely still the minority, according to Nielsen data. The social net for sending photos or videos that disappear after a few seconds is widely thought to be populated by teens sending images under the presumption that those pictures won't be stored or shared later. In any case, the company's 200 million snaps a day put it in Facebook's league and justifies the company's $800 million valuation, Jennifer Van Grove writes.

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