Monday, February 24, 2014

Zuckerberg on the Facebook Acquisition of WhatsApp

Mark Zuckerberg delivered the keynote address at the Mobile World Congress Conference in Barcelona, Spain and said "I think that by itself, [WhatsApp is] worth more than $19 billion,"

He called WhatsApp the "most engaging app that we've ever seen exist on mobile by far," and said that "there are very few services that reach one billion in the world." Rival services like China's WeChat have been able to make about $2 per user, Zuckerberg said.

Zuckerberg said he won't push WhatsApp to make money anytime soon. Instead the buyout makes it possible for WhatsApp to "focus for the next five years purely on connecting people."

Zuckerberg also said that Facebook won't mess with WhatsApp's data policy, in which the company does not store the content of messages.

"That's absolutely not going to change," Zuckerberg said, adding later: "We'd be pretty silly to get in the way of it."

(Via NBC News)

4 comments:

  1. "Zuckerberg also said that Facebook won't mess with WhatsApp's data policy, in which the company does not store the content of messages."

    Even before Facebook got it's hands on WhatsApp their security isn't all that great

    http://arstechnica.com/security/2014/02/crypto-weaknesses-in-whatsapp-the-kind-of-stuff-the-nsa-would-love/

    Also it seems that the applications recent outage sent some users packing elsewhere

    http://www.theguardian.com/technology/2014/feb/24/telegram-messaging-app-whatsapp-down-facebook

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  2. Zuckerberg seems excited and defensive. Still not think it is a good idea but time will tell.

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  3. Mark Zuckerberg delivered the keynote address at the Mobile World Congress Conference in Barcelona, Spain and said "Ooooops!"

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  4. Hopefully they take a major bath on this one.

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