Earlier this month, The Wall Street Journal published a bombshell report that extensively detailed the falling out between Facebook (NASDAQ: FB) and WhatsApp. There was an irreconcilable culture clash between the two companies, as WhatsApp was initially built with strong privacy controls and a fundamental disdain -- nay, loathing -- for ads.WhatsApp was supposed to be able to retain its autonomy following the acquisition, but in the years since, the tension and pressure to monetize only grew, culminating in both WhatsApp founders leaving the company within the past year; co-founder Jan Koum announced his resignation just last month.There are a few specific details in the report that are worth dissecting a bit further.Continue reading
Comment on The Real Reason Why Facebook Is Desperate for WhatsApp to "Move Faster" on Monetization
newsfeedback@fool.com (Evan Niu, CFA), The Motley Fool
Wed, 06/20/2018 - 9:00am
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