YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Messaging app Kik saved via acquisition

Posted online

Messaging app Kik was on the verge of shutting down, but an acquisition may save it.

Officials with MediaLab, which also owns Whisper, another anonymous social media app, said "Kik's best days remain ahead of it." MediaLab will introduce advertisements to cover the app's expenses.

Kik Interactive recently was sued by the U.S. Securities and Exchange Commission for allegedly failing to properly register an initial coin offering for its Kin cryptocurrency.

Read more from CNN Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Good Samaritan Boys Ranch changes guard

Longtime CEO moves over to run the nonprofit’s foundation.

Most Read
SBJ.net Poll
Which nonprofit did you support for Giving Tuesday? [Options are top fundraisers.]

View results