Yahoo is acquiring Artifact, the AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, the company announced on Tuesday. The financial terms of the deal were not disclosed. Artifact will no longer operate as a standalone app, and its AI-powered personalization technology will be integrated across Yahoo, including the Yahoo News app in […]
Instagram co-founders’ news aggregation startup Artifact to shut down
Artifact, the news aggregator-turned social network from Instagram’s founders, is shutting down. On Friday, the startup announced via a blog post it had made the decision to “wind down operations” of the app launched over a year ago, saying that the market opportunity wasn’t big enough to warrant continued investment. The team had rapidly iterated […]