Tag: co-founder

Jan Koum, the co-founder of social messaging app Whatsapp announced that he was leaving Facebook, which acquired the messaging service in 2014 for $19 billion. Koum announced his decision to leave the ranks of Facebook to the public on his Facebook page, citing that he will now focus on his passions off work such as collecting air-cooled Porsches, working on cars and playing ultimate Frisbee. According to several US media outlets, the departure is mostly due to disagreements with Whatsapp’s parent company, Facebook, over the use of users’ information on the messaging service app. Indeed, reports suggest that Facebook is looking for ways to use private user information to raise income from its daughter company in ad-targeting strategies similar to those employed on Facebook and Instag...