
Snapchat Acquires Toronto-Based Bitstrips
Fortune reports that Snapchat has acquired Toronto-based Bitstrip, the maker of personalized emojis (bitmojis), for roughly $100 million, according to one of the sources. The bitmoji developer was founded in 2007 and in 2014 sharpened its focus on customized and shareable cartoon avatars. To get access to "bitmojis" users need to download an app, and choose...