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Mountain View, Calif., Mar 8, 2017 / 06:06 am (Church Pop).- St. Francis Catholic High School in Mountain View, California recently revealed that it invested just $15,000 in a very early seed round of funding for Snapchat (now known as Snap) back in 2012.Snap just went public with an IPO, and the school sold some of their shares for a whopping $24 million.They only sold two-thirds of their shares, saving one-third in hopes that the share price will continue to rise.The school president said the money would be used to carry out their strategic plan, which includes expanding financial aid and growing their science and technology programs.So why was the school investing in Snapchat in the first place? The school has a special growth fund that they’ve used to make investments since the 1990s as a way of generating additional income. In 2012, a father of two girls at the school who ran a venture capital firm recommended the school make the investment in the fledgling start-up. ...
KABUL, Afghanistan (AP) -- Gunmen wearing white lab coats stormed a military hospital in Afghanistan's capital on Wednesday, killing at least 30 people and wounding dozens more in an attack claimed by the Islamic State group....
HUTCHINSON, Kan. (AP) -- Winds are expected to slow down Wednesday, but weather conditions are still not ideal for emergency crews battling wildfires in four states that have killed six people and destroyed hundreds of square miles of land....
MOSUL, Iraq (AP) -- The antiquities museum in the Iraqi city of Mosul is in ruins, with exhibition halls housing piles of rubble and the basement filled with ankle-deep drifts of ash....
SHANGHAI (AP) -- China has granted preliminary approval for 38 new Trump trademarks, paving the way for President Donald Trump and his family to develop a host of branded businesses from hotels to insurance to bodyguard and escort services, public documents show....
PHILADELPHIA (AP) -- The Latest on International Women's Day events (all times local):...
In this verse David, having just sinned with Bathsheba, expresses how guilty he feels about what he's done and longs to be forgiven by God. Those of us who try to walk in...
Juba, South Sudan, Mar 8, 2017 / 12:04 am (CNA/EWTN News).- The call by South Sudan's president for a national day of prayer was met with derision by one of the country's bishops, who called it a “political prayer” and a mockery.President Salva Kiir addressed South Sudan via state-owned media last week to announce a day of prayer on March 10. The country has been embroiled in civil war since December 2013, when Kiir accused his former deputy, Riek Machar, of attempting a coup. The war has been fought between their supporters, largely along ethnic lines, and peace agreements have been short-lived.“I have been praying for South Sudan every day. This morning, I prayed for South Sudan. That prayer called by Salva Kiir; I will never and never understand. Unless they carry me as a corpse but I will never attend that prayer. It is a political prayer. It is a mockery,” Bishop Santo Loku Pio Doggale, Auxiliary Bishop of Juba, told Voice of America, according t...
SAN FRANCISCO (AP) -- Michael Fasman's 12-year-old dog, Hudson, limps from pain caused by arthritis and an amputated toe, but Fasman doesn't want to give her painkillers because "they just knock her out."...
KABUL, Afghanistan (AP) -- Gunmen stormed a military hospital in Afghanistan's capital on Wednesday, killing at least four people and wounding more than 60, setting off clashes with security forces that were still underway hours later....
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