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Kik Messenger software to turn off

Mittwoch, April 1st, 2020

Kik Messenger software to turn off

About solution

Kik Messenger is shutting straight down inspite of the ongoing service having an incredible number of active users around the globe.

The organization stated it had been closing along the texting solution it has also created so it could concentrate on the Kin cryptocurrency.

In a single parents dating sites free weblog, Kik Interactive stated your decision was in fact forced about it with a wrangle that is legal the usa Securities and Exchange Commission (SEC) over Kin.

Your choice does mean that 80 staff whom keep Kik operating may be let it go.

No date happens to be provided for as soon as the Kik application shall shut.

Kik Messenger launched this year and proved popular mostly without providing a phone number or other credentials because it lets people register and use it.

The software in addition has shown controversial and a BBC Information investigation in 2018 recommended it had featured in 1,100 UK youngster sexual abuse situations authorities had investigated within the past 5 years.

In reaction, Kik stated it absolutely was „constantly evaluating and increasing its trust and security measures“.

Money community

Writing about its choice to change focus, Kik Interactive creator Ted Livingstone stated the business had taken the decision that is“hard to turn off Kik since it desired 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 said, providing it a better chance of winning the appropriate fight using the SEC.

He acknowledged the problem your choice would cause because it will mean laying off those who had families and who had „poured their hearts and souls into Kik and Kin for more than ten years“.

The row that is legal up due to the fact SEC desired the Kin crypto-cash launch categorised in the same way once the initial stock providing for businesses that floated regarding the stock market. (mehr …)