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Almost a decade after acquiring it, Mark Zuckerberg taps the strengths of WhatsApp

Economic Times

Economic Times · 1y ago

Almost a decade after acquiring it, Mark Zuckerberg taps the strengths of WhatsApp

Mark Zuckerberg is tapping into the strengths of WhatsApp, the messaging app he acquired almost a decade ago. With over 2 billion users globally, WhatsApp has become increasingly crucial to Meta (formerly Facebook), bringing in significant revenue through ads and becoming a cornerstone for business messaging. Zuckerberg envisions WhatsApp as the private social platform of the future, highlighting its potential for intimate conversations and as a primary conversation app. Despite facing competition and regulatory challenges, WhatsApp continues to evolve, offering new features such as channels to attract a wider user base.

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At Meta's landmark trial, a stroll through a graveyard of dead apps

Economic Times

Economic Times · 4m ago

At Meta's landmark trial, a stroll through a graveyard of dead apps

The antitrust trial against Meta features Mark Zuckerberg and former executives reflecting on past competitive concerns and acquisitions like Instagram and WhatsApp. The trial revisits the early days of social apps, highlighting apps that worried Zuckerberg, many now defunct. It underscores the challenges of evaluating past decisions in the fast-evolving tech landscape, where the focus has shifted from social networking to AI and other technologies. Witnesses often struggled to recall decisions made over a decade ago.

What if Mark Zuckerberg had not bought Instagram & WhatsApp?

Economic Times

Economic Times · 4m ago

What if Mark Zuckerberg had not bought Instagram & WhatsApp?

In 2012, Facebook CEO Mark Zuckerberg surprised many by buying Instagram for $1 billion, followed by acquiring WhatsApp for $19 billion in 2014, despite skepticism over the prices. These deals are now considered monumental in Silicon Valley history. An ongoing antitrust trial challenges whether these acquisitions were monopolistic, exploring hypothetical scenarios of alternate buyers. While the purchases significantly bolstered Meta's business, the case underscores the unpredictable nature of tech industry developments.

WhatsApp surpasses 3 billion users as Meta pushes AI adoption globally

Economic Times

Economic Times · 3m ago

WhatsApp surpasses 3 billion users as Meta pushes AI adoption globally

WhatsApp has surpassed 3 billion monthly users, as announced by Meta CEO Mark Zuckerberg. The platform is crucial in Meta's $510 million app revenue, particularly through WhatsApp Business. Despite its global reach, it faces competitive challenges in the US market. Meta is increasing AI integration, with strong adoption seen on WhatsApp. To enhance AI usage and competitiveness, especially in the US, Meta launched a standalone AI app leveraging its latest Llama 4 language model for voice and text interactions.

India leading the world on how people, businesses have embraced messaging: Mark Zuckerberg

Economic Times

Economic Times · 1y ago

India leading the world on how people, businesses have embraced messaging: Mark Zuckerberg

Facebook CEO Mark Zuckerberg praised India for leading the world in embracing messaging as a preferred way of conducting business. He announced new tools to enhance business usage of WhatsApp, including a verified badge for businesses, expanded payment services, and WhatsApp Flows, which enable businesses to create customized experiences within chat threads. These features aim to boost credibility, visibility, and streamline transactions directly in the chat. Zuckerberg shared these updates during a virtual address at the Conversations event in Mumbai.

WhatsApp Brings Flows, Payments & Meta Verified To India

Inc42 · 1y ago

WhatsApp Brings Flows, Payments & Meta Verified To India

Mark Zuckerberg announced several new WhatsApp services for B2B users in India at the Annual Conversations conference. WhatsApp Flows enables businesses to create custom experiences within chat threads, automating tasks and actions. Additionally, WhatsApp now allows customers to make payments to companies directly within the chat, and Meta Verified, a paid verification badge, is coming to WhatsApp to help users identify genuine businesses. India, with over 500 million users, is a significant market for WhatsApp.

Meta CEO Mark Zuckerberg introduces new features for WhatsApp Channels; check new polls, voice update features

Startup News FYI

Startup News FYI · 1y ago

Meta CEO Mark Zuckerberg introduces new features for WhatsApp Channels; check new polls, voice update features

Mark Zuckerberg, the CEO of Meta Platforms, has introduced new features for WhatsApp Channels including voice updates, polls, sharing channel content on personal WhatsApp status, and support for multiple administrators. These updates are aimed at enhancing user engagement and interaction on the platform, with features like voice updates catering to the popularity of voice messaging on WhatsApp. The addition of polls and the ability to share channel updates on personal statuses further boost user engagement. The inclusion of multiple administrators, up to 16, makes it easier to manage and disseminate information through Channels.

Mark Zuckerberg announces new features for WhatsApp Channels

Economic Times

Economic Times · 1y ago

Mark Zuckerberg announces new features for WhatsApp Channels

Mark Zuckerberg, the CEO of Facebook, has announced new features for WhatsApp, including the introduction of channels. These channels will allow businesses and creators to have their own dedicated spaces to share content with their subscribers. The aim is to make it easier for businesses to communicate with their customers and for content creators to reach their audience on the popular messaging platform.

Mark Zuckerberg sells Meta shares for first time in 2 years.

Livemint

Livemint · 1y ago

Mark Zuckerberg sells Meta shares for first time in 2 years.

Meta CEO Mark Zuckerberg has sold approximately 682,000 shares of Meta, worth around $185 million, marking his first share sale since November 2021. Although Zuckerberg regularly offloaded Meta stocks in the past decade, he did not sell any in 2022 despite the company's poor performance. Meta's stock has surged by 172% this year, approaching its record highs of 2021. Zuckerberg retains around 13% of Meta, valued at $117.7 billion, contributing to his overall fortune. He aims to give away 99% of his wealth through the Chan Zuckerberg Initiative.

ETtech Explainer: Why the US government wants to break up Meta

Economic Times

Economic Times · 4m ago

ETtech Explainer: Why the US government wants to break up Meta

Meta Platforms is facing a major antitrust case by the United States Federal Trade Commission (FTC), which accuses it of buying Instagram and WhatsApp to eliminate competition and maintain a monopoly. The FTC argues these acquisitions stifled innovation and consumer choices. Meta, led by Mark Zuckerberg, denies these claims, asserting the acquisitions were legal at the time and that it faces significant competition. The case could lead to Meta being forced to divest these platforms.

Mark Zuckerberg Meets With Trump at Mar-a-Lago

Economic Times

Economic Times · 9m ago

Mark Zuckerberg Meets With Trump at Mar-a-Lago

Facebook CEO Mark Zuckerberg met with President-elect Donald Trump in an effort to establish a positive rapport. Zuckerberg has had a strained relationship with Trump in the past, with Trump accusing Facebook of censoring conservative viewpoints. The two men exchanged pleasantries during the meeting, and Zuckerberg congratulated Trump on winning the presidency. This meeting comes as Zuckerberg seeks to insulate Facebook and its subsidiaries (Instagram and WhatsApp) from potential blowback from the incoming administration. Zuckerberg has been trying to repair the relationship with Trump over the past 18 months, having phone calls and expressing support for Trump during a rally where Trump was shot at by an assassin.

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