Kik Messenger is shutting straight straight down inspite of the ongoing solution having an incredible number of active users across the world your website.
The business stated it had been closing along the texting service so that it could focus on the Kin cryptocurrency it has in addition produced.
In a weblog, Kik Interactive stated your choice have been forced about it with a appropriate wrangle with the usa Securities and Exchange Commission (SEC) over Kin.
Your decision does mean that 80 staff whom keep Kik operating is likely to be let go of.
No date happens to be provided for once the Kik software will shut.
Kik Messenger launched in 2010 and proved popular mostly without providing a phone number or other credentials because it lets people register and use it.
The application has additionally shown controversial and a BBC Information research in 2018 proposed it had showcased in 1,100 UK youngster abuse that is sexual police had examined in past times 5 years.
In reaction, Kik stated it absolutely was “constantly evaluating and enhancing its safety and trust measures”.
Currently talking about its choice to change focus, Kik Interactive founder Ted Livingstone stated the organization had taken the “hard choice” to power down Kik as it wished to devote all its awareness of the Kin cryptocurrency.
By shutting straight down Kik and shrinking to 19 workers, the business could cut its overheads by 85%, he stated, providing it a much better chance of winning the appropriate fight with all the SEC. […]