| ![](http://tctechcrunch2011.files.wordpress.com/2012/08/bg_white-squares.png) ![](http://tctechcrunch2011.files.wordpress.com/2013/06/screen-shot-2013-06-22-at-11-42-55-pm.png?w=152&h=168&crop=1) | Alexia Tsotsis It's the second day of summer, and Snapchat has raised an $80 million Series B round at an $800 million pre-money valuation, according to a source. The phat... read more | | ![](http://tctechcrunch2011.files.wordpress.com/2013/06/headgears.jpg?w=152&h=168&crop=1) | Peter Relan Editor's note: Peter Relan is a former programmer and Internet executive, as well as a successful serial entrepreneur, Silicon Valley executive, angel investor,... read more | | ![](http://tctechcrunch2011.files.wordpress.com/2013/06/apidayslogo.png?w=152&h=168&crop=1) | Alex Williams | | | | ![](http://tctechcrunch2011.files.wordpress.com/2013/06/omni.jpg?w=152&h=102&crop=1) | Ross Rubin Editor's note: Ross Rubin is principal analyst at Reticle Research and blogs at Techspressive.... read more | | ![](http://tctechcrunch2011.files.wordpress.com/2011/08/snapjoylogo1.png?w=152&h=102&crop=1) | Ingrid Lunden Snapjoy, the online photo storage service that Dropbox acquired in December, has some bad news today for its users: it is shutting down. The company noted the... read more | | | To forward this newsletter to a friend, click here. | | |