Kik app won’t shut down after acquisition by MediaLab

“The messaging app Kik was on the verge of shutting down, but a holding company, MediaLab, bought it and will invest in its future, the company said” writes Shannon Liao for But in September, Kik Interactive announced it would shut down the messenger app after a fight with regulators.Headlines appeared on how child predators contacted minors through the app and the anonymity feature hurt law enforcement’s ability to track criminals. , Kik had 300 million registered users.

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