Amazon Plans to Close Up Shop on Wickr’s User-Centric Encrypted Messaging App | Amazon Web Services bought Wickr just a year ago, but the tech giant has recently been hard pressed to find cost savings.

TL;DR

A little more than a year ago, Amazon, specifically Amazon Web Services, flashed its stacks of cash as it announced it was buying up the end-to-end encrypted messaging app Wickr.Wickr was worth in the ballpark of $60 million when it was purchased, but just a few years ago Wickr was spouting off about its features that encrypted conference calls, which was a major evolution in the encrypted messaging space.The company added that they would be working out ways for users to preserve their data, but the shift away from consumer apps points to Amazon’s ongoing crush during this ongoing tech company recession.The tech giant is currently working through revolving rounds of layoffs and company buyouts that will likely flow over into the new year.But AWS apparently wants Wickr to focus on its business and government customers much more than its regular users."

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