Kik Messaging App Shutting Down. Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange. Kik CEO Ted Livingston has announced the popular messaging app is shutting down. But the shutdown isn’t happening because of a lack of users or competition from other messaging apps. It’s been a rough run for Kik of late. The once-mighty messaging service announced in late September that it would be shutting down its app. CEO Ted Livingston noted in a blog post that the.
Kik Messenger might not be the powerhouse that it once was, which has led the company CEO to call time on the instant messaging app.We’ve already seen Blackberry Messenger bite the dust this. The saga of Kik — the once-popular messaging app — is getting even stranger. CEO Ted Livingston has announced that the company is shutting down the Kik messaging application and focusing.
The instant messaging app Kik shut down once and for all over the weekend, leaving some users in mourning. The app ended its services on Friday, Sept. 27 amid a massive lawsuit with the SEC, giving little notice ahead of time.
In addition to shutting down the app, Livingston said the company would shrink its crypto operations to just 19 core developers with a focus on fostering the adoption of Kik’s KIN cryptocurrency. Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange. Following reports its crypto-focused subsidiary Kin had laid off 70 employees, Kik Interactive CEO Ted Livingston announced Monday that Kik will also be shutting down its core messaging service. At its peak, Kik's messaging app had hundreds of millions of registered users and the company earned a private market valuation of $1 billion, placing it in the elite ranks of tech unicorns. Now.
