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October 31, 2016 07:27 am GMT

Facebook tried to buy Asian Snapchat clone Snow

BERLIN, GERMANY - FEBRUARY 24:  The Facebook logo is displayed at the Facebook Innovation Hub on February 24, 2016 in Berlin, Germany. The Facebook Innovation Hub is a temporary exhibition space where the company is showcasing some of its newest technologies and projects.  (Photo by Sean Gallup/Getty Images)Here’s fuel to the fire for those who believe that Facebook will buy anything that looks, smells or moves like Snapchat. The U.S. social networking giant this summer made an unsuccessful bid to acquire Snow, a Snapchat-like service from Naver, the $25 billion-valued Korean firm behind chat app Line, a source close to the company told TechCrunch. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/LaiLLEUx_iE/

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Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

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