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In January 2018, WhatsApp released a standalone business app called WhatsApp Business which can communicate with the standard WhatsApp client. The service was created by WhatsApp Inc. of Mountain View, California, which was acquired by Facebook in February 2014 for approximately US$19.3 billion.
WhatsApp introduces voice messaging. [13] Facebook, Inc. announces its acquisition of WhatsApp for US$19 billion, its largest acquisition to date. [14] Facebook pays $4 billion in cash, $12 billion in Facebook shares, and an additional $3 billion in restricted stock units granted to WhatsApp's founders.
He is the co-founder and former CEO of WhatsApp, a mobile messaging app which was acquired by Facebook in 2014 for US$19.3 billion. According to Forbes , he has an estimated net worth of US$15.2 billion as of October 2023, making him one of the richest people in the world. [2]
Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held by ...
In 2014, Koum and Acton sold WhatsApp to Facebook for approximately US$19 billion in cash and stock. Forbes estimated that Acton held over 20% stake in the company, making his net worth around $3.8 billion.
In January 2021, WhatsApp announced an update to its Privacy Policy which states that WhatsApp would collect the metadata of users and share it with Facebook and its "family of companies" starting in February 2021.
On February 19, 2014, Facebook announced its acquisition of WhatsApp, a smartphone instant messaging application for $19 billion in a mix of stock and cash. The acquisition is the most ever paid for a venture-capital backed startup.
Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook , Instagram , Threads , and WhatsApp , among other products and services. [14]
Instant messaging remains very popular today; IM apps are the most widely used smartphone apps: in 2018 there were over 50 million Signal users, 980 million monthly active users of WeChat and 1.3 billion monthly users of WhatsApp Messenger .
WhatsApp is introduced for both Windows and Mac operating systems. January 2018: WhatsApp launches WhatsApp Business, a platform for small enterprises where they can connect with customers. April 2018: WhatsApp co-founder and CEO Jan Koum announces he’s leaving the company after clashes with Facebook, saying “I sold my users’ privacy”.