Facebook is shutting down Parse, its tool for helping developers build and grow mobile apps, in a surprise move that comes a day after Facebook delivered blockbuster fourth-quarter financial results.

Here’s a surprise: Facebook is closing its Parse developer platform. After acquiring the service, which at the time mostly focused on mobile developers, for a reported $85 million in 2013, Facebook ...

Ilya Sukhar's startup was only a few months old when Facebook came calling. Sukhar launched his company, Parse, in August of 2011, offering the world's software developers an easier way of building ...