The Kik Messenger app has officially been acquired by U.S.-based holding company MediaLab. The news comes just one day before the app was scheduled to shut down. From a report: The blog post noted that MediaLab plans to keep the app alive and also outlines ideas it has to improve the app moving forward. It is noted that the acquiring company…
Tag: kik
Messaging App Kik Shuts Down as Company Focuses on Kin, Its Cryptocurrency
Kik Interactive CEO Ted Livingston has announced that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission. From a report: The company’s team will be reduced to 19 people, a reduction that will affect over 100 employees, as it focuses on converting more Kin users…