Dubsmash

Reddit announced Sunday it has acquired the video-based social media platform Dubsmash. What Happened: The San Francisco-based company said it would “integrate” Dubsmash’s video creation tools in Reddit that will “empower” its own creators to “express themselves...

Facebook Inc (NASDAQ: FB) and the owner of Snapchat, Snap Inc (NYSE: SNAP), discussed purchasing Dubsmash, a micro-video-entertainment app akin to TikTok, Reuters reported Wednesday. What Happened Dubsmash was in touch with both the companies on an acquisition deal in recent weeks, according...