Messaging Wars: Vine vs. Instagram, Facebook, Twitter, Snapchat

It’s been hard to ignore the meteoric rise of the private messaging industry over the past two months

First came Facebook's jaw-dropping $16 billion purchase of standalone messaging service WhatsApp in February. Chat app Viber was acquired by Rakuten for $900 million. Then messaging startup Tango raised $280 million in March, a funding round that valued the company at more than $1 billion, according to Forbes

See also: Why Social Networks Are Crazy for Private Messaging

So it's no surprise that social media platforms, the ones that view messaging as a supplemental feature, have been busy keeping up Read more...

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