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An app where teenagers lip synch reportedly got bought for $1 billion

“Most recently, Facebook bought tbh, an anonymous quiz app that had attracted 5 million users in about a month” writes Kerry Flynn for mashable.com. There’s a rumor among the creator community that Facebook offered a similar price tag to Musical.ly last summer, around the time that Facebook bought musical selfie app Evergroove.When Facebook bought Instagram, it helped grow it to another massive social network by integrating it with the larger platform and introducing new features like video.Bytedance defines itself as “a leading AI-powered content platform.”.
 
Source: mashable.com



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