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Sunday, 18 August 2019

The real reason Facebook let Houseparty slip away

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It's no secret that Facebook is wary of competitors. The company regularly acquires or copies smaller apps it sees as potential threats. 

But one recent upstart did mange to slip away from the company: Houseparty. The video chat app, started by the same company behind live video app Meerkat, established itself as a teen favorite starting in 2017, garnering comparisons to Snapchat.

Around the same time, The Wall Street Journal reported that Facebook had come knocking. But a deal between the two companies never materialized and Facebook later introduced its own (now failed) group video chat app, Bonfire. Read more...

More about Tech, Facebook, Houseparty, Social Media Companies, and Tech

from Mashable https://mashable.com/article/facebook-houseparty-antirtust/
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