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WHATSAPP ACQUISITION 2014
Sequoia put $60 million into WhatsApp before its boom. Years later, Facebook agreed to buy the messaging app for $19 billionSequoia Capital invested approximately $60 million in WhatsApp through multiple funding rounds. Facebook later acquired WhatsApp for $19 bi...- Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companiesAdobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executi...
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- WhatsApp’s new feature may finally let you chat without sharing your number, may allow creation of a unique handle like InstagramWhatsApp is developing a username feature, allowing users to chat without revealing their phone numbers. This update, currently in beta tes...
- Meta chief Mark Zuckerberg testifying again in US antitrust trialSocial media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his conglomerate Meta is ...
- ETtech Explainer: Why the US government wants to break up MetaBack in 2020, the FTC sued Meta (then known as Facebook), arguing that it had illegally maintained monopoly power by acquiring competitors ...
- Centre asks Mark Zuckerberg's Meta to curb WhatsApp-centric scamsIndia's Ministry of Electronics and IT is working with Meta to address the rise of WhatsApp scams. The scams involve fraudulent messages an...
- Meta's WhatsApp launches new AI tools for businessesMeta launches first AI-driven ad targeting program on WhatsApp to boost revenue. CEO Mark Zuckerberg unveils tools for businesses at a Braz...
- India proposes antitrust scrutiny for M&A worth over $250 millionThe proposal is part of a larger overhaul of India's competition law in a bill set to be introduced in parliament on Friday. Reuters review...
- Former WhatsApp CBO Neeraj Arora opens up on historic Facebook acquisition, says nobody knew it would turn into 'Frankenstein devouring user data'Neeraj Arora took to LinkedIn to share a lengthy post expressing regret over the deal.
- Facebook hits $1 trillion market cap after judge rejects antitrust casesFacebook shares rose more than 4% after a US judge dismissed a case that sought to force the company to sell Instagram and WhatsApp. The sh...
- Facebook fears the WhatsApp privacy policy row may hurt its futureThe flap threatens to erode trust in the service which is increasingly important to the social network's future.
- View: The coming Facebook-Jio stress test for the CCIReliance Jio will approach the Competition Commission of India to clear its Facebook deal.
- Reliance starts using WhatsApp for grocery deliveries but model to evolveJioMart, an e-commerce venture of Reliance Retail, is taking grocery orders on WhatsApp.
- Why WhatsApp is no threat to Facebook’s dominanceUsers who want to switch platforms after Facebook's data privacy scandal have nowhere to go as WhatsApp & Instagram are owned by the social...
- Game of big buys: Four deals that never turned into realityFor big corporations, race for acquisitions is a `win some, lose some' proposition & as winners make headlines, the misses bring the intrig...
- Tracking WhatsApp CEO Jan Koum’s careerKoum disposed of Facebook stock worth nearly $300 million. It is even more interesting in the light of Koum’s rags-to-riches history.
- Why Facebook's Mark Zuckerberg wouldn't want to buy TwitterWith Twitter gaining new users at more of a crawl than a sprint, it's a harder to see the growth potential to spark Zuckerberg's interests.
- Facebook extends closing of WhatsApp acquisition by a yearThe firm added that at present it expects that these conditions will be satisfied and that "we will extend the date to August 19, 2015."
- 450 million users is the magic number of WhatsApp valuationWhatsApp’s 450 mn users are already on FB but that is par for the course in acquisitions, where acquirers take actions on faith, rather tha...
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