Messaging App news and trends

Telegram Adds To Apple’s EU Antitrust Allegations
ANTITRUST // July 30, 2020

Apple Inc. is facing another antitrust complaint.  Telegram, the cloud-based messaging app with more than 400 million users, said that in 2016, Apple restricted the messaging app from launching a gaming platform on the grounds that it violated App Store rules, the Financial Times reported. Pavel...

SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV
Partnerships / Acquisitions // November 18, 2019

SoftBank’s Yahoo! Japan is merging with Naver Corp’s Japanese messaging app LINE in a deal that will give each company a 50 percent stake, The Wall Street Journal reported on Monday (Nov. 18). The deal creates a mega-platform with more than 100 million users across...

Bitcoin Daily: Galaxy Digital Ventures Leads $7.1M Round For Blockchain Intel Firm; London’s Everledger Secures...
Bitcoin // September 25, 2019

Flipside Crypto announced that it has raised $7.1 million in a Series Seed Prime financing. The round was led by Galaxy Digital Ventures with participation from Collaborative Fund, CMT Digital and Avon Ventures, as well as previous investors True Ventures, Founder Collective, Digital Currency Group,...

Telegram Messaging App Targeted By China Cyberattack
Security & Fraud // June 13, 2019

Messaging app Telegram said on Thursday (June 13) that it was the victim of a DDOS cyberattack from China, according to a report by the Associated Press. The attack slowed data on the service, but it didn’t steal or expose any user data. It happened...

Interviews & Exclusives
Western Union’s P2P Partnership Push

August 07, 2017
Staying in business for 166 years is no small feat on its own — but staying successfully in business with continued growth against increasing competition from FinTech startups is harder still. As of last week’s earnings news, it is clear that Western Union is up for the challenge. Western Union’s Chief Technology Officer David Thompson told Karen Webster […]

Quick Reads
Automattic Acquires Messaging App Beeper, Plans to Combine With Texts

April 09, 2024
Automattic, the company behind WordPress and WooCommerce, has acquired Beeper, a “universal messaging app” that combines 14 chat networks in one inbox. The company will combine Beeper with Texts, a messaging app that Automattic acquired in 2023, Automattic said in a Tuesday (April 9) blog post. “We began investing in messaging last year when we acquired Texts.com,” the company said in […]

Telegram Adds To Apple’s EU Antitrust Allegations

July 30, 2020
Apple Inc. is facing another antitrust complaint.  Telegram, the cloud-based messaging app with more than 400 million users, said that in 2016, Apple restricted the messaging app from launching a...

SoftBank To Hold 50 Pct. Of Yahoo Japan/LINE JV

November 18, 2019
SoftBank’s Yahoo! Japan is merging with Naver Corp’s Japanese messaging app LINE in a deal that will give each company a 50 percent stake, The Wall Street Journal reported on...

Bitcoin Daily: Galaxy Digital Ventures Leads $7.1M Round For Blockchain Intel Firm; London’s Everledger Secures...

September 25, 2019
Flipside Crypto announced that it has raised $7.1 million in a Series Seed Prime financing. The round was led by Galaxy Digital Ventures with participation from Collaborative Fund, CMT Digital...