Facebook Acqui-Hires Publishing Startup Tugboat Yards
Facebook’s focus on publishers spurred its latest acquisition, as Tugboat Yards, a startup specializing in publishing tools, announced that it has been acqui-hired by the social network.
Facebook’s focus on publishers spurred its latest acquisition, as Tugboat Yards, a startup specializing in publishing tools, announced that it has been acqui-hired by the social network.
Tugboat Yards said in a blog post that its team will join the product team at Facebook to work on “media products, such as news and video,” and the company provided the following schedule for its shutdown:
- May 19: New publisher account creation was disabled.
- Through June 30: Existing users can still create new accounts to complete purchases, and existing subscriptions will continue to be renewed until this date.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in