Facebook pauses push to sell ads on WhatsApp - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Facebook will reportedly stop pushing to sell ads on WhatsApp, more than a year after its founders resigned in protest of the effort

Facebook is reportedly shelving a controversial plan to include advertisements in its WhatsApp messaging service, a new report said. the Wall Street Journal's Jeff Horowitz and Kirsten Grind reported on ThursdayThe move is a surprising about face in Facebook's efforts to monetize its various products, particularly one of its most popular services. Facebook acquired WhatsApp for $22 billion in 2014, and has since been searching for ways to monetize the company's 1.5 billion userbase.

And the decision comes more than 18 months after WhatsApp cofounders Brian Acton and Jan Koum left the company, along with

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Finally, some sense.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AMC cinemas choose trailers over ads as Netflix, Disney Plus threaten - Business InsiderAn executive highlighted the risks that 'people will stay home and watch content through a streaming platform' and movies will move to those services. I'll be going to the movies more. Solid move AMC. Ride with your advertisers day 1 woes.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Three key trends we took away from CES 2020 - Business InsiderAnalysts at Business Insider Intelligence highlight three key trends from the 2020 Consumer Electronics Show.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Apple sold nearly 60 million AirPods in 2019, analysts estimate - Business InsiderApple is dominating earless earphones with the AirPods and AirPods Pro. It's because people keep losing them Apparently 60 million sets of ears don't mind hearing lousy sound. Wonder how many of those sales were from repeat customers that lost their first pair.🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »

Snap CEO Evan Spiegel sold $50 million of company stock - Business InsiderThe SEC filing for the the transaction showed Spiegel followed a trading plan designed to allow sellers to avoid accusations of insider trading.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla stock price: Morgan Stanley says sell after recent rally - Business Insider'Momentum and sentiment around the stock is admittedly very strong, but we ultimately question the sustainability of the momentum,' Adam Jonas wrote. What product does Morgan Stanley sell? They innovate nothing but are spin masters of their own interests.
Source: BusinessInsider - 🏆 729. / 51 Read more »