Facebook acquires teen hit app tbh
Facebook has acquired tbh, a mobile app for making polls and sending compliments to other users, according to the app maker's website. The app will continue to operate independently, though the team will move to Facebook's headquarters in Menlo Park.
Why it matters: Given the app's quick rise in popularity among teens, it's not surprising that Facebook quickly wrote a check to the startup and snapped up its app. Facebook's obsession with capturing the eyeballs of teens and young adults has been well documented (a few years ago, it offered to buy Snapchat for $3 billion).