Just a few months ago, Facebook Inc (NASDAQ: FB) fell in infamy as it pumped
suicide, sexual assault and even homicide clips through its channels. The platform was exposed to host child
porn. Its good repute was sullied.
But now, the company is on a lighter path, intent on
being a source of positivity.
On Tuesday, Facebook expanded its powerful communications portfolio with the acquisition of tbh, a free self-esteem app with the tagline “See who likes you.” The name is shorthand for “to be
honest,” and the company promotes encouraging interactions through anonymous mock elections.
“We built tbh because we believe that social networks should make us feel better about ourselves — not worse,” the site
reads.
Users vote for “who is most likely to be president,” “best person to roadtrip with,” or the friend whose “perseverance is
admirable,” and the winner is notified of their victory, their slate of competitors, and their elector’s grade and gender. Poll
options are pulled from phone contacts, added by username or included in affiliated school networks.
“We worked backwards from the content we wanted to see, which was nice comments about ourselves — a product you’d open and it’d
tell you all your strengths and things you’re good at and make you happier and more productive,” the tbh team told TechCrunch.
So far, the concept has been a hit. Since its Aug. 3 launching, tbh has seen 5 million downloads, transmitted more than a
billion messages, accrued 2.5 million daily active users, and topped charts for free iOS apps.
Its popularity is no doubt appealing to Facebook as it struggles with both negative sentiment around trolling and the caprices
of the teen user base, which increasingly prefers Instagram
and Snap Inc (NYSE: SNAP)’s Snapchat. Tbh
specifically targets that complex demographic by tapping into high school and college networks.
Facebook’s strategic buy, which TechCrunch reported to
be less than $100 million, lends exposure to the younger crowd while preventing the emergence of another social competitor. The
parent will allegedly allow the app team to continue its operations with relative
independence while assuming the four-person staff and contributing resources.
“TBH and Facebook share a common goal — of building community and enabling people to share in ways that bring us closer
together," Vanessa Chan, a Facebook spokeswoman, said in a statement. “We’re impressed by the way TBH is doing this by using
polling and messaging, and with Facebook’s resources TBH can continue to expand and build positive experiences.”
Related Links:
How
YouTube, Facebook Censorship Aligns With US Counter-Terrorism Efforts
What
Is A Social Media Company’s Responsibility To Fight Criminality On Its Platform?
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.