Facebook is buying Whatsapp for $19,000,000,000. That is a lot of zeros! However, an outcry has come from a range of loyal Whatsapp users and share prices of Facebook fell 4.8% within the first day. Stakeholders are not happy! What are the concerns:
- Privacy: What’s App purchase: Teens fleeing Facebook can run, but can’t hide
- Fear of ads: Users threaten to delete Whatapp now that Facebook is buying it
Several videos have captured why did Facebook buy Whatsapp and can this give Facebook a monopoly on messaging?
Did Mark Zuckerberg buy into an idea where all of the end-users will bail out? This is certainly a development to follow in the coming months.