Silicon Beach Report Oct. 31: Facebook Tried to Buy Snow, Another Snapchat Copy

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Facebook tried to buy Snapchat-copy Snow, Demand Media to change its name to Leaf Group, and Fisker Inc. unveils new car design.

Facebook Tried to Buy Snow, Another Snapchat Copy

Facebook tried to buy South Korea’s Snow, a Snapchat-like app, and was rebuffed, according to a source reported by TechCrunch. Snow has around 80 million downloads, and it is adding around 10 million more each month, said the source.

Demand Media to Change Its Name to Leaf Group

Demand Media announced on Friday that it will change its name to Leaf Group, effective Nov. 9, reports the L.A. Business Journal. The firm was bitten badly by its reputation as a content farm, an industry term for a publisher that cares more about editorial scale than quality with the goal of luring in web surfers and advertisers.

Fisker Inc. Unveils New Car Design

Upstart electric car maker Fisker Inc. unveiled the design of its first electric car, reports Electrik. The car is dubbed the Emotion and will have a range of more than 400 miles.

Technology reporter Garrett Reim can be reached at [email protected]. Follow @garrettreim on Twitter for the latest in L.A. tech news.

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