The Money Shot - Have you joined the Snapchat revolution?

You too can dress up like Princess Leia and send your friends selfies (Photo:davitydave)
"With over 300 million photos shared every day, it’s no wonder that Facebook wants a piece of that pie"
  • | by Abbie Laughton-Coles

The Money Shot isn’t quite sold on Snapchat just yet. Sending someone a three-second peek of what you're doing at that precise moment seems a bit, well… unnecessary.

Those fellows at Facebook have reportedly glimpsed something they fancy in the photo messaging app though, and have tried to seduce Snapchat with a tasty offer of £1.9m - mere pennies that they found down the back of their sofa, no doubt. This is despite the fact that the app does not actually generate any revenue at present. However, with over 300 million photos shared every day, it’s no wonder that Facebook wants a piece of that pie.

For those who aren’t familiar with the Snapchat movement, what are you? Like a dinosaur or something? Well, here it is in a nutshell.

The social app was founded by two Stanford University students. So far, so familiar. It allows the user to take a picture on their phone and send it to someone. Now the USP that has everyone whipped into a pre-pubescent style frenzy is that you can define how long you want the recipient to be able to view the picture for, so long as it’s between one and 10 seconds.

Of course this unique feature has created a cloud of controversy surrounding how the app is actually used, with the words ‘sexting’ and ‘cyber bullying’ being hysterically bandied back and forth by the media. With a demographic of mainly teenagers and people in their early 20s, the app has been trumpeted as a unique method of keeping in touch without having to actually, you know, talk, which is so last century.

So if you want in on the Snapchat revolution, here at the Money Shot we've put together some dos and don’ts for using Snapchat:

Dos

  • Do make sure you're sending it to the right person - your boss probably doesn’t want a picture of you downing a tequila shot
  • Send your mates funny pictures of animals - always appreciated
  • Just spotted Dale Winton eating a panini? We definitely do want a Snapchat of that

Don’ts

  • Don’t send anything that you wouldn’t like to appear on the internet - those pictures don't just disappear
  • Don’t ever send a selfie which has the message ‘#bored’ attached - just don’t
  • Don’t ignore a real conversation with real people... to send a funny-face picture to someone who’s not there

And this one is really important:

  • Don’t send your friends pictures of your food. Seriously, that’s really annoying

Short change - money news in brief

EDF energy undercut its ‘big six’ rivals with a 3.9% rise in gas and electricity prices, which was almost half the size of the increases made by some of its competitors.

Rolls Royce has announced that they plan to use 3D printers to make some of their aircraft engine parts.

For the first time in the history of the company, Burberry has reportedly hit the £1bn mark for revenue - looks like they're really in fashion.

On Covered mag this week

We sent Kristian Dando to check out the promised plushness of the Megabus Gold.

Felicity Hannah tackled the difficult topic of prisoners finding work after release.

Abbie Laughton-Coles took a trip down memory lane to see which inventions on Tomorrow's World actually came true.

Emily Bater investigated EDF Energy's price hike.

And finally…

Putting tights on your cat has officially become a thing after a Swedish blogger named Katja Wulff started posting her kitty's 'Meowfit of the Day' on Tumblr.

Don't believe us? Take a look for yourself!

Join us NEXT WEEK for your next instalment of THE MONEY SHOT.