3,332
 

End of an Era!!! Kik Messaging App is SHUTTING DOWN


ADVERTISEMENT
 
2
most viewed right now
  54
26 comments @hiphop


section  x1   |  0 bx goons and 1 bystanders Share this on Twitter       Share this on Facebook

section tech
  
 2 months ago '04        #1
2535 page views
29 comments


Young Sones  topics gone triple plat - Number 1 spot x2
space
avatar space
space
Props total: 1476 1 K  Slaps total: 214 214
End of an Era!!! Kik Messaging App is SHUTTING DOWN
 

 

visit this link https://www.cnn.com/2019/ .. own/index.html


New York (CNN)

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, Kik is shutting down its chat app after a f*ght with regulators.

Kik Interactive announced late Monday that it's shuttering the messenger app and cutting its staff from over 100 people to just 19 employees. The company will focus its remaining resources entirely on growing its cryptocurrency, Kin, the subject of a recent lawsuit filed by the Securities and Exchange Commission.
The SEC sued Kik in June for raising about $100 million in an ICO, or initial coin offering, without properly registering the offering.
In a blog post Monday, Kik CEO and founder Ted Livingston said the legal battle with the SEC has been "a long and expensive process to drain our resources."

The SEC declined to comment for this story. Kik Interactive did not respond to a request for comment on when the app would shut down.
Launched in 2010, Kik pulled in a wide swath of users with the promise of being able to chat anonymously. Users were not required to register with a phone number or other personal details. In 2015, the app received $50 million in funding from Chinese tech giant Tencent.
It grew alongside other popular messaging apps, including WhatsApp, Facebook Messenger, Telegram and Line, but the anonymity feature became a double-edged sword. Headlines appeared on how child predators contacted minors through the app and the anonymity feature hurt law enforcement's ability to track criminals.

As of 2016, Kik had 300 million registered users. It no longer breaks out its number of active users.
Livingston said the changes would cut the company's burn rate by 85% and put it "in position to get through the SEC trial with the resources we have."
The SEC has been cracking down on initial coin offerings over the past two years. In comments in a Senate banking committee hearing in February 2018, SEC chairman Jay Clayton said that those raising ICOs were "in the crosshairs of our enforcement provision."
"Many ICOs are being conducted illegally," said Clayton at the time. "Folks somehow got comfortable that this was new and it was okay and it was not a security, it was just some other way to raise money."



Kik was a great app, but if you knew what it was used for then its not that bad of news.
+5   



best
worst
29 comments
 

 2 months ago '11        #2
KingP1n 
space
avatar space
space
Props total: 5423 5 K  Slaps total: 846 846
Wow thats crazy lol.
I download Kik again just a month ago just to see who was even active on there lmao.

As expected nobody but I did manage to save a throwback picture of myself from my display picture.
+7   

 2 months ago '04        #3
DJ Maximum|M 
space
avatar space
space
Props total: 31437 31 K  Slaps total: 2444 2 K
 KingP1n said
Wow thats crazy lol.
I download Kik again just a month ago just to see who was even active on there lmao.

As expected nobody but I did manage to save a throwback picture of myself from my display picture.
this made me laugh

but yeah end of a era
+4   

 2 months ago '17        #4
Timberwolves  topics gone triple plat - Number 1 spot x1
space
avatar space
space
Props total: 14300 14 K  Slaps total: 1867 1 K
BBN then KIK now SC something will come and make SC close in a few years
+2   

 2 months ago '05        #5
SupaMann 
space
avatar space
space
Props total: 2304 2 K  Slaps total: 92 92

 2 months ago '04        #6
filleezcustoms 
space
avatar space
space
Props total: 643 643  Slaps total: 144 144
sh*t!!!!!!

I'm in a 420 group and got mad plugs for the medical weed through kik. Bout to get them real digits like 1990 so I don't loose the tree plug. Sad day bruh!

Hate to see it go, hate to see it!
+6   

 2 months ago '18        #7
Mr Tibbs 
space
avatar space
space
Props total: 1557 1 K  Slaps total: 250 250
I wonder how much the users data they gonna sell before shutting down? Heard the other day that the dmv in some states are selling peoples info for a penny.


Last edited by Mr Tibbs; 09-25-2019 at 08:29 PM..
+5   

 2 months ago '16        #8
postemupndunkit 
space
avatar space
space
Props total: 32057 32 K  Slaps total: 4995 4 K
Dammit man nothing is forever tho

RIP
+1   

 2 months ago '18        #9
Dehone 
space
avatar space
space
Props total: 16226 16 K  Slaps total: 693 693
Hooked up with so many chicks through that damn app
+8   

 2 months ago '13        #10
The Originator 
space
avatar space
space
Props total: 6747 6 K  Slaps total: 479 479
Never got into KIK. That’s crazy cuz I remember so many hoes I knew always asked if I had one lol.

So is WhatsApp the new generation KIK?
+3   

 2 months ago '04        #11
infam0uskills 
space
avatar space
space
Props total: 8691 8 K  Slaps total: 562 562
all the plugs are on kik too smh
+4   

 2 months ago '04        #12
GUCCI C0ND0MS 
space
avatar space
space
Props total: 471 471  Slaps total: 215 215
 timberwolves said
bbn then kik now sc something will come and make sc close in a few years
sc?

 2 months ago '17        #13
Timberwolves  topics gone triple plat - Number 1 spot x1
space
avatar space
space
Props total: 14300 14 K  Slaps total: 1867 1 K
 GUCCI C0ND0MS said
sc?
Snapchat

 2 months ago '04        #14
Duntaz 
space
avatar space
space
Props total: 18119 18 K  Slaps total: 1128 1 K
 filleezcustoms said
sh*t!!!!!!

I'm in a 420 group and got mad plugs for the medical weed through kik. Bout to get them real digits like 1990 so I don't loose the tree plug. Sad day bruh!

Hate to see it go, hate to see it!
What area you live in? Didn't even know kik had groups. I just thought it was a messenger













So what's the kik alternative


Last edited by Duntaz; 09-27-2019 at 10:07 AM..
+3   

 2 months ago '16        #15
Bad 
space
avatar space
space
Props total: 12067 12 K  Slaps total: 2773 2 K
Someone will snatch the source code, and will be named something different.

This sh*t happens all the time.
+1   

 2 months ago '04        #16
CentsCuZ 
space
avatar space
space
Props total: 2647 2 K  Slaps total: 307 307
Kik was strictly for debauchery. Good riddance.
-1   

 2 months ago '04        #17
Duntaz 
space
avatar space
space
Props total: 18119 18 K  Slaps total: 1128 1 K
 CentsCuZ said
Kik was strictly for debauchery. Good riddance.
But we like debachery


Last edited by Duntaz; 09-27-2019 at 04:39 PM..
+14   

 2 months ago '06        #18
LYTE 
space
space
space
Props total: 12323 12 K  Slaps total: 1177 1 K
 The Originator said
Never got into KIK. Thatís crazy cuz I remember so many hoes I knew always asked if I had one lol.

So is WhatsApp the new generation KIK?
No WhatsApp & Kik all been around the same time. There was another 1 called LiveProfile.
GroupMe was another 1 too.
I just wished BBM would made their messenger available back then. Wouldn't of been so many other sh*ts.
+3   

 2 months ago '05        #19
Daddy Black 
space
avatar space
space
Props total: 8294 8 K  Slaps total: 782 782
What!!!!!

That app is how I get bi*ches man! Need to find an alternative method now.

 2 months ago '05        #20
Daddy Black 
space
avatar space
space
Props total: 8294 8 K  Slaps total: 782 782
 CentsCuZ said
Kik was strictly for debauchery. Good riddance.
That was the whole point. nud* pics, sheeeit I used to get nud* video clips!!

 2 months ago '19        #21
hoesloveflaxsee 
space
avatar space
space
Props total: 3295 3 K  Slaps total: 93 93
Damn 16 year old me was an animal on this app back in the day lmao, hella memories. Might log back in if I can remember my sh*t for old time's sake

 2 months ago '05        #22
bqstudios 
space
avatar space
space
Props total: 7020 7 K  Slaps total: 1611 1 K
Never used it a day in my life and never liked the thought of telling someone to KIK me.
+8   

 2 months ago '04        #23
Grisly 
space
avatar space
space
Props total: 7769 7 K  Slaps total: 944 944
damn the feds tryna do they damndest to fu*k wit the real ones

 2 months ago '05        #24
ceo-of-hucworld 
space
avatar space
space
Props total: 17786 17 K  Slaps total: 1468 1 K
I felt dirty using KIK a few times although I scored a lot of nud*s on there.
+5   

 2 months ago '15        #25
POPQUiZ 
space
avatar space
space
Props total: 5432 5 K  Slaps total: 914 914
 Bad said
Someone will snatch the source code, and will be named something different.

This sh*t happens all the time.



ADVERTISEMENT
Sign me up
 
 

yesterday...


most viewed right now
online now  18
LAMELO BALL and BBB just LITERALLY SHUTDOWN SYDNEY AUSTRALIA and made HIST..
55 comments
1 day ago
@sports
most viewed right now
+54online now  16
Video inside "South Park" Uses Randy Savage's Likeness To Mock Trans Athletes
93 comments
2 days ago
@movies
most viewed right now
+59online now  10
Teanna Trump calls out OKC basketball player anonymously
123 comments
1 day ago
@sports
most viewed right now
+17online now  2
Video inside Thats the game - SNL
10 comments
2 days ago
@movies
back to top
register register Follow BX @ Twitter search BX privacy