The Snapchat Inc. application is displayed in the App Store on an Apple Inc. iPhone 6 in this arranged photograph taken in the Venice Beach neighborhood of Los Angeles, California, U.S., on Wednesday, March 2, 2016. People using the application for disappearing photos view 8 billion videos a day, the same number that Facebook reports, the CEO Evan Spiegel told an audience at the Morgan Stanley technology conference Photographer: Patrick T. Fallon/Bloomberg via Getty Images