Snapchat Hit By Collateral Damage From Sony Hack

Venice-based instant messaging app developer Snapchat is the latest victim of the hacking of Sony Pictures by a hacking group, which is believed to be backed by North Korea. Snapchat's Evan Spiegel posted a note on Twitter entitled Keeping Secrets, bemoaning the exposure of the company's business plan due to hacked emails which have been covered by many publications. Sony said Wednesday that it would not be releasing "The Interview" to theaters, after threats to theater-goers who dared to attend showings of the film. The hackers--and potentially, North Korea--have been benefiting from an all-too-eager willingness of many in the U.S. press to profit from juicy corporate tidbits stolen and released by the hackers.