Whatsapp Bought by Facebook | Update 2019


Facebook Buys Whatsapp



WhatsApp founder Brian Acton, who called on customers to erase Facebook last March at the elevation of the social media giant's data breach scandal, called himself a "sellout" today for approving Facebook Chief Executive Officer Mark Zuckerberg's $22 billion deal to acquire his company in 2014.

" I sold my customers' personal privacy to a larger advantage," Acton said in an interview with Forbes released Wednesday. "I decided as well as a compromise. And also I live with that on a daily basis."

Acton, who co-founded the messaging solution together with Jan Koum, suddenly left Facebook in September 2017 under vague situations. The choice cost Acton about $850 countless Facebook stock options that had not vested at the time of his leave.

Koum likewise left Facebook earlier this year amid supposed conflicts over Facebook's cybersecurity techniques and prepare for WhatsApp. The founders of Instagram, which is likewise possessed by Facebook, left the firm this week over supposedly varying visions for the photo-sharing app.

Acton stated he chose not to go after a settlement with Facebook partially because the social networks giant asked him to sign a nondisclosure contract throughout preliminary negotiations.

Facebook received widespread criticism last March after several records revealed the personal data of as many as 87 million customers was exposed without authorization by Cambridge Analytica, a British information analytics company that was active during the 2016 political election cycle. The revelation led Legislative leaders to call on Zuckerberg and also Facebook COO Sheryl Sandberg to address concerns regarding the website's information practices at a collection of public hearings.

Hours after the Cambridge Analytica information violation became public knowledge, Acton wrote on Twitter that "it is time" to delete Facebook, the business that made him a billionaire.

Acton informed Forbes that his choice to leave Facebook came amid encounter the business's leadership, including Zuckerberg, about how to monetize WhatsApp. Facebook officials purportedly pressed for WhatsApp to include targeted advertising to grow income.

The WhatsApp founder additionally provided something of a defense of the social networks titan, noting that Facebook "isn't the bad guy."

"I think about them as simply very good businesspeople," he said.