Facebook Acquires Storytelling Social Network Storylane
In what some people are calling a challenge to blogging site Tumblr, Facebook has acquired storytelling social network Storylane. Terms of the deal were not disclosed. Storylane announced the acquisition Friday. According to Mashable, the Storylane team will join Facebook's timeline team, but Facebook will not gain any data from Storylane.
In what some people are calling a challenge to blogging site Tumblr, Facebook has acquired storytelling social network Storylane. Terms of the deal were not disclosed. Storylane announced the acquisition Friday. According to Mashable, the Storylane team will join Facebook’s timeline team, but Facebook will not gain any data from Storylane.
Storylane Founder Jonathan Gheller announced the news on Storylane’s blog:
After a lot of discussions with Facebook about how our teams might work together to have even greater impact, we are announcing today that the Storylane team will be joining Facebook.
This is an exciting opportunity.
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