Snapchat “buying Bitstrips for $100 million” March 29, 2016 - 12:57 AMT PanARMENIAN.Net - Remember when your Facebook feed started filling up with those personalised comic strips called Bitstrips? Soon you might have to put up with them on another social platform, Digital Spy said. As Digital Spy reports citing Fortune, picture messaging service Snapchat is in talks to buy out Bitstrips for $100 million. It is unclear why Snapchat wants to acquire the flash-in-the-pan web and mobile application - to gets its hands on its array of personalised emoji creation tools seems like a safe bet. Although Bitstrips are nowhere near as prevalent as they were a few years ago, the company behind them is said to have raised $11 million in funding from venture capital firms of late. Snapchat reportedly bankrolled the merger using a mixture of cash and stock, but neither party has officially confirmed the deal.  Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty  Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza.Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations.Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |
