Lithium will ‘sunset’ its Klout service on the day GDPR launches
Lithium CEO indicates GDPR helped propel the decision, and the Klout-built AI tech will still be employed.
In 2014, Lithium acquired Klout, the online reputation service, for what Fortune magazine reported was a $200 million price. The enterprise social community service said at the time that Klout could help its communities determine who has authenticated expertise when they deliver recommendations.
Last week, Lithium announced it had decided to “sunset” the Klout service as of May 25.
Interestingly, that is also the date that the General Data Protection Regulation (GDPR) goes into effect.