Facebook Co-Founder and CEO Mark Zuckerberg spoke with Farhad Manjoo of The New York Times’ Bits blog about the Facebook Creative Labs initiative to create new mobile applications, the differences between Facebook Messenger and WhatsApp, and turning 30, among other things.
As previously speculated, the Federal Trade Commission approved Facebook’s $19 billion acquisition of cross-platform messaging service WhatsApp, stressing that WhatsApp must honor its commitment to maintain its pre-Facebook privacy practices.
The New York Post is reporting that the Federal Trade Commission will approve Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, which was originally announced in February.
Projects on Kickstarter often promise certain perks to donors, and Eric Calisto, creator of party game Terribands, guaranteed to refund all pledges, under one condition: Facebook must acquire his game for $2 billion.
This week brought good news and bad news to WhatsApp, the cross-platform mobile messaging company Facebook acquired in a $19 billion deal in February. The good news: WhatsApp announced in a tweet Tuesday that it set a record by handling 64 billion messages in 24 hours. The bad news: The traffic may have taken its toll, as WhatsApp was down for a few hours Wednesday morning.
Facebook Co-Founder and CEO Mark Zuckerberg said during his keynote address at the 2014 GSMA Mobile World Congress in Barcelona, Spain, Feb. 24: “Look, when you’ve just bought a company for $16 billion (WhatsApp, not counting the restricted stock units that hiked the total to $19 billion), chances are you are probably done with your acquisitions for a while.” A while was barely more than one month, and Zuckerberg explained the motivation behind Facebook’s $2 billion deal to acquire immersive virtual reality technology company Oculus VR in a call with analysts Tuesday.
The Electronic Privacy Information Center and the Center for Digital Democracy — which filed a complaint with the Federal Trade Commission earlier this month against Facebook’s $19 billion acquisition of cross-platform messaging company WhatsApp, alleging that the privacy of current WhatsApp users will be affected by Facebook’s use of their information — filed an update with the FTC Friday, in response to a blog post by WhatsApp Co-Founder and CEO Jan Koum earlier this week.
It’s been a busy first quarter for Facebook. From acquisitions to algorithms, there have been more than 10 new announcements in the first three months of the year, causing many brands to feel cold toward the global social site. With spring knocking on the door, here’s a breakdown of the most important changes Facebook has made to help brands flourish.
WhatsApp Co-Founder and CEO Jan Koum responded to users’ privacy concerns following Facebook’s $19 billion acquisition of the cross-platform messaging company last month with a blog post titled, “Setting the Record Straight.”
Android update week continues, as Facebook followed updates of the Android applications for its WhatsApp cross-platform messaging service and its Instagram photo- and video-sharing network with a new version of its flagship app. The new features mostly involve photos.