Potential EntitiesFacebook Platform
Facebook acquired Parse, a toolkit and support system for mobile developers, in 2013. At the time, the social network’s ambitions were high: Parse would be Facebook’s way into one day harnessing developers to become a true cloud business, competing alongside the likes of Amazon, Google and Microsoft. Those ambitions, it seems, have fallen back to earth. On Thursday, Facebook said it plans to shut down Parse, the services platform for which it paid upwards of a reported $85 million.
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