Tuesday 17 October 2017

Facebook acquires TBH, an app for teens


Facebook has bought TBH, an app that lets people give each other compliments by participating in anonymous quizzes. The teen-focused app, which is currently only available in a handful of states in the US, has been the No. 1 free app in the iOS App Store for more than three weeks now.
Facebook did not disclose the amount that it paid for the app. In a blog post announcing the acquisition, the creators of tbh said that it had been downloaded more than 5 million times in the last few weeks. A billion messages have already been sent through the app.
TBH, which stands for "To Be Honest," will continue operating as a standalone app under Facebook, a Facebook spokeswoman told the Wall Street Journal.

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