Internet Security

Messaging app Kik shuts down as company focuses on Kin, its cryptocurrency

Updated with comment from Kik Kik Interactive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission. The company’s team will be reduced to 19 people, a reduction that will affect more than 100…

Published 6 years ago in
Messaging app Kik shuts down as company focuses on Kin, its cryptocurrency


Updated with comment from Kik

KikInteractive CEO Ted Livingston announced today that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission. The company’s team will be reduced to 19 people, a reduction that will affect more than 100 employees, as it focuses on converting more Kin users into buyers.

“Instead of selling some of our Kin into the limited liquidity that exists today, we made the decision to focus our current resources on the few things that matter most,” Livingston wrote in a blog post, adding that the changes will reduce the company’s burn rate by 85%, enabling it to get through the SEC trial.

In an email to TechCrunch, a company spokesperson said “We can confirm that the Kik Messenge

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Internet Security

Samklef sparks debate after claiming Tinubu is performing better than Obasanjo

GistReel Music producer Samklef has ignited intense discussions across social media after boldly stating that, in his opinion, President Bola Ahmed Tinubu is performing better than former President Olusegun Obasanjo. In a recent post on X (formerly Twitter), Samklef praised Tinubu’s decisiveness, economic reforms, and security strategies…

Published 1 day ago in
Samklef sparks debate after claiming Tinubu is performing better than Obasanjo

GistReel
Music producer Samklef has ignited intense discussions across social media after boldly stating that, in his opinion, President Bola Ahmed Tinubu is performing better than former President Olusegun Obasanjo. In a recent post on X (formerly Twitter), Samklef praised Tinubu’s decisiveness, economic reforms, and security strategies…
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Internet Security

Man leaves church during night vigil, cites fear of bandits

‎A Nigerian man has attracted widespread attention after refusing to stay inside a church during a night vigil, choosing instead to remain outside for safety reasons. The incident, which has quickly gone viral on social media, highlights the growing concerns over security and the fear of bandit attacks…

Published 3 weeks ago in
Man leaves church during night vigil, cites fear of bandits

‎A Nigerian man has attracted widespread attention after refusing to stay inside a church during a night vigil, choosing instead to remain outside for safety reasons. The incident, which has quickly gone viral on social media, highlights the growing concerns over security and the fear of bandit attacks…
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Internet Security

WAR AGAINST TERRORISTS: Fear Loom Over Compromised National Security Architecture

November 23, (THEWILL) — Governor Nasir Idris of Kebbi State at the weekend   publicly disclosed a worrisome pattern about insecurity in the country that many Nigerians have suspected over the years and continue to discuss on social media, at meetings and homes, a troubling pattern that shows how compromised those entrusted with the security of

Published 3 weeks ago in
WAR AGAINST TERRORISTS: Fear Loom Over Compromised National Security Architecture

November 23, (THEWILL) — Governor Nasir Idris of Kebbi State at the weekend   publicly disclosed a worrisome pattern about insecurity in the country that many Nigerians have suspected over the years and continue to discuss on social media, at meetings and homes, a troubling pattern that shows how compromised those entrusted with the security of […]
The post WAR AGAINST TERRORISTS: Fear Loom Over Compromised National Security Architecture appeared first on THEWILL NEWS MEDIA…
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Internet Security

FG dismisses reports claiming Federal Unity Colleges will shut amid security concerns

The Federal Government has dismissed false social media claims that all Federal Unity Colleges would close, amid rising security concerns and recent attacks targeting schools across the country. The post FG dismisses reports claiming Federal Unity Colleges will shut amid security concerns appeared first on Nairametrics…

Published 3 weeks ago in
FG dismisses reports claiming Federal Unity Colleges will shut amid security concerns

The Federal Government has dismissed false social media claims that all Federal Unity Colleges would close, amid rising security concerns and recent attacks targeting schools across the country.
The post FG dismisses reports claiming Federal Unity Colleges will shut amid security concerns appeared first on Nairametrics…
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