Sony’s leaked Emails reveal Snapchat turned down over $3 Billion Facebook offer

Apparently, Sony’s leaked emails have revealed the whole story behind Snapchat’s rejection of Facebook’s acquisition offer of $3 billion. Last month, hackers attacked Sony Pictures Entertainment’s email system and stole massive confidential data which has leaked out this story among others.

According to Business Insider, the leaked emails suggest that the Facebook offer to Snapchat was even more than $3 billion. The information has come from emails between Snapchat’s CEO Evan Spiegel and Sony Pictures CEO Michael Lynton who is also on the board of Snapchat, and other Snapchat board members.

Malcom Gladwell sent an email to Michael Lynton asking if the company “was crazy to turn down $3 billion,” to which Lynton replied,” if you knew the real number you would book us all a suite at Bellvue.”

The leaks have also revealed an email written by another Snapchat board member Mitch Lasky saying that Snapchat CEO Spiegel would have gotten $1 billion if the Facebook-Snapchat deal had gone through.

According to the report, the email says, “Evan proposed a new deal today to Tencent and DST that includes $40MM in secondary for him and Bobby. Never told me … in fact told me the exact opposite. When I confronted him about it, he said, “well I just turned down a billion from Zuck.”

As per another email by sent by Lasky, Facebook CEO Mark Zukerberg blamed Snapchat for leaking the news about their deal to the press. It is said that Zukerberg was disappointed that the deal didn’t go through and accused Snapchat for leaking about the deal purposely to boost its fundraising efforts.

Sony’s leaked Emails reveal Snapchat turned down over $3 Billion Facebook offer

Alleged Sony Xperia Z4 Visuals revealed in Sony Pictures’ leaked email

Sony may be considering pitching its upcoming flagship Xperia Z4 in a new Bond movie “Spectre”, the filming of which has already begun. A picture supposedly that of Sony’s Xperia Z4, was spotted in a leaked email.

The email in question was sent by George Lyon, executive vice president of Sony’s marketing division, to Michael Lynton, CEO of Sony Pictures Entertainment. The email contained preliminary designs of Sony’s upcoming smartphones mentioned in the email as “the new Z4 Phones”. It also states, “These phones are the planned phones for MAY/NOVEMBER of 2015”.

According to latest rumors, the Sony Xperia Z4 is expected to be announced at the CES 2015 to be held in January. Since more than one phone is mentioned in the email, it is possible that the phones mentioned in it are the Sony Xperia Z4 Compact and Xperia Z4 Ultra which are now supposed to launch in the second quarter of 2015.

The email contains “visuals of the new Z4 Phones”. In the renders, only one device shows up properly. It is a slim handset looking like an Xperia device but with slight changes compared to the current flagship Xperia Z3, although this design may not be the final one.

Earlier it was rumored that the Xperia Z4 would feature a 5.4-inch screen but later it was leaked that it would have a 5.2-inch display like its predecessor, the Xperia Z3. So nothing is certain. We will keep you posted about new details as and when we receive them.

Have a look at the renders:

 

 

Source Gizmodo

Via PhoneArena

Alleged Sony Xperia Z4 Visuals revealed in Sony Pictures’ leaked email