
In a move that feels more like a cruel prank than a financial strategy, Six Apart has purchased Pownce–only to shut the company down. The blogging company acquired the micro-blogging site for an undisclosed sum before announcing that it would shut Pownce in a mere two weeks.
[via PcMag]
Although if Six Apart was smart they should of tried to Monitize the service but I guess they just wasted there money in buying Pounce. They wanted something else from the company that owned Pounce but not sure what.
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