Fast Society today announced it will shut down its group messaging app and instead devote resources to its new app Cameo that will launch next month. Group messaging seemed like such a big opportunity a few years ago. But that was before Apple launched iMessage, Skype bought GroupMe, and Facebook converted Beluga into Messenger. Suddenly, there wasn't much to add by being a mobile group texting app without OS or other platform integration. Fast Society will apply its existing team and investors towards offering unique value by helping people share moments rather than just messages.Source: http://feedproxy.google.com/~r/Techcrunch/~3/yUYNE_6jqJ8/
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