Viddy used to be considered the “Instagram for video.” Now Viddy is going to shut down on December 15th. The shutdown was announced by Viddy’s parent company Fullscreen. Fullscreen acquired Viddy for around $20 million.
Tinder is a mobile dating app that lets you swipe photos to find someone to go on a date with. If you find a photo you do not like, you can swipe left to see the next photo. Swiping right indicates that you are interested in that person.
Facebook Inc (NASDAQ:FB) has received approval by the European Union to purchase WhatsApp for $19 billion. The EU was concerned that Facebook’s acquisition of WhatsApp could harm communication in the telecommunications market. The European Commission has determined that the acquisition will not impede competition though.
BlackBerry Ltd (NASDAQ:BBRY) announced that the BlackBerry Passport has sold out on its website. The Passport was priced at $599, which is down from the retail price of the $699.
Mobli Media has announced that it has acquired Pheed. Pheed is a social media network. The terms of the deal were undisclosed, but sources with Mashable report that it was for about $20 million. Mobli plans to invest $10 million to reintroduce Pheed as a standalone platform. Launched in 2012, Pheed currently has 5 million users. It is a teen-focused platform which allows users to share photos, video, and audio.
Mobile payments company Square has reportedly raised $100 million in a new round of funding with a valuation of about $6 billion, according to financial filings.
Yo, the popular messaging app, lets users send the word “Yo” back-and-forth. Yo has hit over 100 million messages so far. Yo launched the ability to send attached links and hashtags last month.
Motorola has launched a new version of the Moto G device, which has a larger display and improved cameras. The Moto G is available today in the U.K. and U.S. Motorola does not put a custom user interface on the Moto G, which means that software updates are sent to users quicker. The Moto G runs on Android 4.4 KitKat. It can be upgraded to Android L when it is released.