Last year, Facebook announced that it would launch a set of business-centric tools around WhatsApp. The company has also long stated that it would eventually monetize its various messaging platforms. Facebook has taken a step towards both goals with the introduction of the WhatsApp Business API.
Microsoft has joined the likes of Google and Mozilla with its release of the WebRTC 1.0 API. The release enables real-time audio, video, chat, and file sharing across platforms and browsers. With the first release, Microsoft is focused on delivering RTC functionality in existing, legacy websites.
Messaging service Kik launched a cryptocurrency called Kin through a near-$100 million initial coin offering (ICO) last September, and now its Kin Ecosystem Foundation will give as many as 25 developers up to $3 million in Kin to bolster the cryptocurrency's ecosystem as part of a new program.