In a new post on Kik's blog, MediaLab has revealed that it has acquired Kik Messenger from its creators and will continue developing the app. MediaLab owns other internet brands like Whisperthe anonymous secret-sharing social network.
As well as fighting in court, Kik Interactive would also work to convert the millions of existing Kin users into more active customers and buyers, Mr Livingstone said.
It doesn't tranny chat site like MediaLab intends to change the way Kik works, though, since it praises how the app can "[forge connections] through common interest. No date has been given for when the Kik app will close.
Kik Messenger launched in and proved popular largely because it lets people register and use it without providing a phone or other credentials. It has to ditch a few features to be able to zustralia that and will be discontinuing the video chat toggle and the third-party bots platform for now.
In response, Kik said it was "constantly assessing and improving its trust and safety measures". MediaLab owns other internet brands like Whisperthe anonymous secret-sharing social network.
Related Topics. Cash community Writing about its decision to switch focus, Kik Interactive founder Ted Livingstone said the company free senior chat rooms taken the "hard decision" to shut down Kik because it wanted to devote all its attention to the Kin cryptocurrency. The messaging app's new owner says it'll concentrate on making it faster and less buggy, as well as kik chat australia getting rid of spambots.
And growing the community of Kin users ificantly would make it far harder for the SEC to prevail. Kin currently had two million "monthly active earners" and"monthly active spenders". The legal row blew up because the SEC wanted the Kin crypto-cash launch categorised in the same way as the initial stock offering for companies that floated australka the stock exchange.
The company said it was closing down the messaging service so it could concentrate on the Kin cryptocurrency it has also created. The app has also proved controversial and a BBC News investigation in suggested it had featured in 1, UK child sexual abuse cases police had investigated xhat the past five years.
The decision also means that 80 staff who keep Kik running will be let go. He acknowledged the difficulty the decision would cause as it would mean cha off people who had families and who had "poured their hearts and souls into Kik and Kin for chhat a decade". Mr Livingstone said it had to resist the classification of Kin as "security" because this categorisation would "kill" latest timmins sex chat usability and that of other similar crypto-cash systems.
In a new post on Kik's blog, MediaLab has revealed that it has acquired Kik Messenger kik chat australia its creators and will continue developing the app.