Breaking News

Asia Today ISSN 1861-4604 Sunday, December 17, 2017

Headline

WhatsApp co-founder calls it quits after eight years

Brian Acton announced that he would be leaving

Share on Facebook September 14, 2017, Reporter : BNN, Reader : 405

news

CALIORNIA, U.S. - After spending eight years with the company that he formed with Ukrainian immigrant Jan Koum, WhatsApp co-founder Brian Acton announced that he would be leaving. 

Acton has said that he is leaving the team to pursue a non-profit organisation "at the intersection of nonprofit, technology and communications." 

Acton and Koum co-founded WhatsApp in 2009, which has now become the biggest messaging app in the world with over a billion users globally. 

In 2014, the company was acquired by Facebook in a landmark tech deal at the time for $22 billion in cash and stock.

While Tencent was reported in the running for the acquisition, Mark Zuckerberg managed to snag the deal before the Chinese company could.

The sale made the Stanford alum, Acton a billionaire - with Forbes pointing out that his net worth, courtesy the WhatsApp-Facebook deal, stands at $6.5 billion.

After joining the Facebook team, WhatsApp has seen several changes, with introductions of features such as the revamped Status and video calling, among others - managing to retain its top spot. 

In a Facebook post announcing his departure from WhatsApp, Acton said, “After 8 years at WhatsApp, I have decided to move on and start a new chapter in my life. I am very fortunate at my age to have the flexibility to take new risks and focus on what I'm passionate about. I've decided to start a non-profit focused at the intersection of nonprofit, technology and communications. It's something I've thought about for a while, and now it's time to just focus and execute. I'll have more to share in the coming months. This decision is, of course, a tough one. I'm proud of what our team has accomplished in only a few years, and it's humbling to see that so many people rely on WhatsApp every day.”

Before starting WhatsApp with Koum, Acton worked at Yahoo.

Acton is also said to have been turned down for employment by Twitter in the same year. 

At WhatsApp, Acton led the engineering and primarily pushed for encryption integration. 

The messaging app currently boasts of over 1.3 billion users.

 

More Euro Asia news of the month

Photos 100 women who changed the world

Goodnight Stories for Rebel Girls: 100 Tales of Extraordinary Women by Elena Favilli and Francesca Cavallo Particular Books 224...

Photos Slipknot: Will Trump fire Mueller to derail collusion probe?

WASHINGTON, U.S. - With three of U.S. President Donald Trump’s allies, including the ousted former National Security adviser...

Photos UN Council Mulls Call for US Jerusalem Decision to Be Withdrawn

UNITED NATIONS - The U.N. Security Council, in response to U.S. President Donald Trump's recognition of Jerusalem as Israel's...

Photos World leaders, sans Trump vow to do more on climate change

PARIS, France - In a bid to do more in the battle against climate change, dozens of world leaders gathered at a summit in Paris on...

Photos Senator urges Trump to resign, faces Presidential bullying

WASHINGTON, U.S. - In a bid to get back at Kirsten Gillibrand, the Democratic senator for New York, who called on Trump to resign over...

Photos Why did Trump’s most vocal black supporter suddenly quit?

WASHINGTON, U.S. - While the White House claims that Omarosa Manigault Newman, one of  U.S. President Donald Trump's most vocal...

Photos As accusers repeat past horrors, Trump faces calls to resign

WASHINGTON, U.S. - Some spoke about their past horrors when the man contesting to be America’s next president suddenly seemed like...

Photos Explosion rattles NYC’s busiest transit hub, suspect nabbed

NEW YORK, U.S. - An explosion rattled one of the busiest transit hubs in New York City on Monday morning, forcing authorities to...

Photos A stain on America? Trump spars with the ‘fake news media’

WASHINGTON, U.S. - U.S. President Donald Trump locked horns with a Washington Post reporter over what he called ‘fake news’...

Flying Reimagined

Stock Index

Sunday, December 17, 2017

Life Style

Photo Gallery

FEUILLETON