Search results
Results from the WOW.Com Content Network
WhatsApp (officially WhatsApp Messenger) is an instant messaging (IM) and voice-over-IP (VoIP) service owned by technology conglomerate Meta. [14] It allows users to send text , voice messages and video messages, [ 15 ] make voice and video calls, and share images, documents, user locations, and other content.
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.
The lawsuit concerns Facebook's acquisition of two competitors—Instagram and WhatsApp—and the ensuing monopolistic situation. FTC alleges that Facebook holds monopolistic power in the U.S. social networking market and seeks to force the company to divest from Instagram and WhatsApp to break up the conglomerate. [139]
Instagram, a photo and video-sharing website and app, is owned by Meta. Instagram launched Oct. 6, 2010, and was acquired by Facebook in 2012 for $1 billion. Who owns Snapchat?
Jan Borysovych Koum [a] (born February 24, 1976 [1]) is a Ukrainian-American billionaire businessman and computer programmer. 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.
Facebook is a social media and social networking service owned by American technology conglomerate ... and motivated Facebook to acquire WhatsApp in 2014. [247] [248 ...
WhatsApp, which has 900M users worldwide, said it does not plan to launch third-party advertising to generate revenue.
Facebook announces that it is acquiring the Sequoia Capital-backed multi-platform mobile messaging app WhatsApp for US$16 billion ($4 billion in cash, $12 billion in Facebook shares) plus an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.