Liz Gannes

Recent Posts by Liz Gannes

Facebook Swallows Group Messaging Service Beluga

Facebook has bought the mobile group messaging service Beluga, the companies announced today. The acquisition is a good outcome for young Beluga, which smooths out the process of coordinating quick chats across multiple mobile platforms, but faced an uphill climb in getting groups of friends to join. It had just 50,000 monthly active users, according to AppData. Unlike many of its other acquisitions, Facebook didn’t announce plans to shut down Beluga, and said specifically that the three co-founders will continue to work on “groups and mobile communication.” The team of former Googlers had been raising a competitive angel round before it was bought.


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I think going public today is almost like a Bataan death march. I think Wall Street — this will insult many people — but I think in many ways it bears a resemblance to organized crime. It is legal today what they do, but what they do is manifestly unfair.

— Roger McNamee of Elevation Partners, in conversation with Bloomberg Television’s Margaret Brennan