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Bitmojis are worth how much?! Snapchat reportedly buys Bitstrips (CNET Update)

2016-03-25
snapchat maybe growing into the supreme app 14 textures I'm Bridget Carey this is your CNET update 14 reports that snapchat has agreed to acquire bid strips that's the toronto company behind those cartoony personalized emoji expressions called bitmoji z' the companies have not formally announced the deal yet so we don't know if this means that moji will be featured inside of snapchat or if there will be some other type of partnership but when a fortune sources says the deal is valued at 100 million dollars yeah that's right little cartoons with your hair and skin color that you text your friends are worth a hundred million dollars every week users get new bitmoji expressions in their likeness and sometimes it's tied to pop culture moments or tied to holidays but there are also ones themed to promote movies and TV shows and there are some that cost money to send like a pack called bling moji so you can flock to your friends that you made smart life choices by spending one dollar on text message cartoons yeah so as snapchat may be expanding into more apps Apple is also venturing into new app territory but not in a way you would expect Apple announced that created its first original TV series and the show is all about apps it sounds like I may be one big ad for the App Store as it features stories on how apps are developed and created one of the producers of the show is musician will.i.am who certainly has his own experience with sad tech failures like his pulse SmartWatch that went nowhere so it'll be a nice change for him to talk about tech success stories and speaking of shows to stream if you've ever tried streaming netflix video on an 18 T or Verizon Wireless connection well you're not getting the best picture quality and Netflix has now admitted that it throttles your video quality down for your own good at first wireless carriers were being blamed for throttling video speeds on their networks but Netflix says it is the ones slowing down video to various carriers around the world and it's been doing this for the past five years including slowing down video for anyone on Verizon and AT&T in order to protect consumers from going past their mobile data caps so why not slow down t-mobile or sprint well that's because Netflix says customers of those companies don't typically get hit with extra charges when they go over their monthly data limits Netflix is now saying that it's gonna launch a feature in the app to let you choose to stream higher or lower video quality that does it for this tech news roundup but there's always more at cnet.com from our studios in New York I'm Bridget Gary
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