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Snapchat Planning Big NYC Expansion

Snapchat is planning to significant expansion in New York City, Business Insider reports. “The Los Angeles-based startup has agreed to create 396 new jobs in the state of New York in exchange for tax breaks totaling up to $5 million from Empire State Development,” it writes. “The incentive proposal from ESD (a state-owned organization) stipulates that Snapchat create the new jobs over the next five years and keep them through January 2027.”

Read the whole story at Business Insider »

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