Snapchat’s Non-Vanishing Message: You Can Trust Us

We have lots of investments from big corporations that would love to mine your data, we can also read your messages, and have no plans to change that, but you should still trust us..

Btw, I hope people haven't forgotten about their "Golden key" failure:
https://twitter.com/FredericJacobs/status/521697106856542209

 

I think they meant you can trust in us violating your privacy and rights:
Snapchat just reserved the rights to store and use all selfies taken with the device
http://www.telegraph.co.uk/technolo...nd-use-all-selfies-taken-with-the-device.html

 

I think there is no news here.
In the article you linked, telegraph.co.uk is playing at sensationalistic attention whoring.
A respectable author/publication would quote, cite and / or link to the relevant material

I don't use the snapchat service, but "I care about these things" and, within the past hour, read a forward-looking report which mentions erosion of privacy.
http://www.tomshardware.com/news/georgia-tech-cyber-threats-2016,30457.html

Let's suppose the telegraph author "figgers" snapchat is ubiquitous, and that any reader knows where to find snapchat privacy policy.
(their semi-plausible excuse for not citing a link)
I was, in fact, able to find the snapchat privacy policy, updated Oct28, linked to the site's homepage.
https://www.snapchat.com/privacy

No idea what it stated prior to the recent change, but I surely didn't find anything which would support
the claim which was made by telegraph.co.uk (and parroted here, in your post)
"Snapchat just reserved the rights to store and use all selfies taken with the device"

Am I missing something? Some detail?
If you've recently read the snapchat privacy policy, howabout paste here a quoted snippet (or multiple?)
to indicate which parts of it seem particularly overreaching, unwarranted, or otherwise worrisome.

 

I don't use it myself and haven't read the privacy policy so I went looking and found the claims from telegraph.co.uk in the Terms of Service:

https://www.snapchat.com/terms

 

TL;RD -- They own your stuff.