Snap to raise $1 billion to invest in AR, possible acquisitions
https://www.reuters.com/article/us-snap-convertible-notes/snap-to-raise-1-billion-to-invest-in-ar-possible-acquisitions-idUSKCN1UW1OB
Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may also buy other companies.