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Tag Archives: kik ceo

Kik Founder Vows to Fight On Despite Obstacles Presented by the U.S. SEC

The CEO founder of popular messaging app Kik Ted Livingston has maintained his position on keeping on to the end in his company’s legal tussle with the United States’ Securities and Exchange Commission (SEC) over its cryptocurrency’s classification as a security.Kin (KIN) has been at the forefront of a firestorm between the two parties over its initial coin offering (ICO) with the US regulator suing the company earlier this year over the issue. Sources indicate that the CEO gave his position...

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Kik Shutting Down Its Messaging App, CEO Threatens to Quit

The Canadian social media and messaging app company Kik said to be thinking about possible shutting down of its popular Kik messaging app.Two people familiar with the matter claim that the company is moving all the app’s users to alternative platforms. They also added 70 employees of Kik’s Israeli cryptocurrency subsidiary Kin being noticed about possible layoffs even though some will allegedly be offered the option of transferring to a new company that is based on the same technology, the...

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