Facebook buys viral teen app tbh

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The developers of tbh launched the app in certain states initially.

Terms of the deal weren't disclosed, but Facebook spokeswoman Vanessa Chan told Business Insider on Monday that tbh's four cofounders (Nikita Bier, Erik Hazzard, Kyle Zaragoza and Nicolas Ducdodon) will move out of the startup's Oakland, California office to work in Facebook's Silicon Valley headquarters.

"We wanted to create a community that made us feel happier and more confident about ourselves", the tbh's management team notes in a new blog post.

It is unclear how Facebook intends to profit from the new app, which now has no monetization scheme in place.

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For instance, there'll be questions such as "Who has the best smile?" with a set of answers based on the entries of people that the user loaded to the app.

Instead of sending each other biting remarks on people's looks or social status, tbh's users can only participate in online polls in which they can rate people in categories like who "Makes you laugh the hardest". The giant is current testing out Workplace chat apps app for Mac and Windows systems as well and now this new special app which is an anonymous polling app making the teens go addicted to it with the single use. The social network has been losing its teen users to the photo-and-video-sharing rival Snapchat snap as well as its own photo-service Instagram, according to a recent forecast released in August by EMarketer.

Lauding the takeover tbh wrote in a statement: "While the last decade of the Internet has been focused on open communication, the next milestone will be around meeting people's emotional needs.... Most of all, we were compelled by the ways they could help us realise tbh's vision and bring it to more people", "tbh" said. The only difference is that they have access to more resources because of Facebook.

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