Facebook is finally shutting down MSQRD, the selfie app it bought in 2016 and then didn't update for years (FB) 11

Facebook is finally shutting down MSQRD, the selfie app it bought in 2016 and then didn’t update for years (FB)

It bought the app after it exploded in popularity, but quickly stopped updating it, meaning its popularity plummeted. Meanwhile, MSQRD’s augmented reality tech was integrated into Facebook’s in-house apps. The episode highlights how Facebook has used acquisitions to bolster its dominance over the last few years. Facebook is shutting down Read more…