The team at Kik announced that the messenger business has been acquired by MediaLab: a holding company for internet brands. MediaLab has forged themselves a name with apps like Whisper, DatPiff, and Manga Life. One main concern, regarding the fate of Kin, has been alleviated in light of MediaLab’s announcement that they are not scrapping
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Source and More information: Kik Acquired by MediaLab, Kin Cryptocurrency Dream to Survive
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