Yahoo has acquired Blink, a mobile application that allows users to share messages that self-destruct, in order to poach the talent behind it.<\/p>\n
The app will reportedly be shut down in the coming weeks so that Blink’s seven-person team can work on Yahoo’s “smart communication” products.<\/p>\n
This includes former Google employees Kevin Stephens and Michelle Norgan, who founded Meh Labs, the start-up that created Blink.<\/p>\n
Terms of the deal were not disclosed.<\/p>\n
Blink made the announcement on their webiste, saying they “look forward to the possibilities that will come from bringing the Blink vision to Yahoo”.<\/p>\n
“We built Blink because we believe everyone should be free to show the same honesty and spontaneity in their online conversations as they can in person.”<\/p>\n
Yahoo has reportedly bought 40 start-ups since chief executive Marissa Mayer took over two years ago in an attempt to revamp the internet company.<\/p>\n
It has been looking to generate more mobile content and advertising revenues as an increasing number of people use tablets and smartphones.<\/p>\n
<\/p>\n
Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"
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