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Report: Flipagram Looking For Buyer

socalTECH

Los Angeles-based mobile app developer Flipagram is looking for a buyer, and may have found one, in Chinese news aggreagtor Toutiao , according to a report Thursday. Citing "multiple sources" close to the company, Recode said Flipagram is still discussing financial terms with Toutiao, but no deal has been signed.

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Musical.ly Merges With Bytedance, Owner of Flipagram

socalTECH

Los Angeles-based Musical.ly , which develops mobile apps centered around short video, has merged with Chinese company Bytedance. Bytedance--also known as Toutiao-- had also acquired Los Angeles-based Flipagram, the developer of another mobile, social photos and video sharing app, in February. According to the two, Musical.ly

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