Published: Thu, April 20, 2017
Electronics | By Jesus Weaver

1.7M Snapchat user details allegedly posted in India

1.7M Snapchat user details allegedly posted in India

The lawsuit was made by former Snap employee, Anthony Pompliano, against the company where he alleged that Snapchat inflated key growth metrics to mislead investors ahead of the launch of its initial public offering (IPO) of US$3 billion. By Monday, Snapchat had plunged to only one-star.

Snap (SNAP.N) shares dropped 1.5% as it faces a backlash over alleged comments made by CEO Evan Spiegel about not being interested in promoting growth in the "poor" countries of Spain and India.

The dip put Snap on track to close at its lowest level in almost a month, a bad sign following its $3.4 billion public listing that was the hottest by a technology company in three years.

The ex-employee, Anthony Pompliano, was sacked in 2015 after only three weeks at the company.

Adnan tweeted, "Dear Pak trolls, My tweet wasn't bout U.It ws bout Snapchat.Stop trying 2 jump in & b relevant like a jilted lover!Get over it.Jai Hind!" Hashtags like #BoycottSnapchat and #Uninstall Snapchat have also started trending on Facebook and Twitter.

"Obviously Snapchat is for everyone!" In the complaint, Pompliano describes an exchange he alleges he had with Spiegel during a September 2015 meeting about the app's worldwide growth plans.

In a statement Snap said: "Those words were written by a disgruntled former employee".

India has one of the highest number of mobile Internet users in the world and it is projected to cross the 300 million mark by 2017, said report by Internet and Mobile Association of India.

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