Social network hi5 buys app creator PixVerse to build out its own chat service

Social network hi5 has bought a social network application developer company called PixVerse for an undisclosed amount. While PixVerse’s applications, like Pix Chat and Pix Wall, run on multiple platforms on rival social networks, the reason for the purchase is that hi5 wants its technology.PixVerse applications are based on what it... (Read more)