Why the WhatsApp acquisition ended with everyone mad at each other , #DigiTech Geeks #Facebook #News #fbnews
Why the WhatsApp acquisition ended with everyone mad at each other
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On September 17th of last year, WhatsApp cofounder Brian Acton quit the company to start a nonprofit foundation. Six months later, after several former Facebook executives had come forward to criticize the company, Acton tweeted “It is time. #deletefacebook.” Ever since, we’ve wondered what exactly led him to tweet.
Now we know. In his first interview since leaving Facebook, Acton told Forbes’ Parmy Olson that he felt betrayed by the company in two ways. One, Acton believes Facebook misled European Union regulators about its plans to commingle WhatsApp and Facebook data so as to improve its ad targeting capabilities. Two, Facebook began to “explore” advertising-based revenue models for WhatsApp without the founders’ consent. In both...
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