This is why WhatsApp CEO may lose R12 billion

WhatsApp co-founder is leaving the company amid privacy controversy at Facebook

The co-founder of Whats App — the messaging app that Facebook bought in 2014 — is leaving the

As for WhatsApp, Facebook CEO Mark Zuckerberg noted that people have already used some 2 billion minutes of one-on-one video calling on the messaging service, so it's set to roll out group video chats in the coming months. Unsurprisingly, Facebook will allow third parties to design their own bundle of stickers and offer them to WhatsApp users.

Facebook CEO Mark Zuckerberg quickly commented on Koum's Facebook post about his departure, writing "Jan: I will miss working so closely with you".

At the time, he said that the partnership with Facebook would not change the company's values.

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The CEO and co-founder of WhatsApp, Jan Koum, has chose to leave parent company Facebook as he was apparently unhappy with privacy decisions being made by the social media empire. And now Jan Koum has also left the Facebook amid data privacy issues, this may be time to ditch WhatsApp before that promise leaves with him.

Sandler estimated that WhatsApp and Facebook Messenger could now combine for revenue of roughly $11 billion by 2020.

According to the report, Koum who sold WhatsApp to Facebook for more than $19 billion in 2014, "also plans to step down from Facebook's board of directors". Koum obscured that motive in his note that says, "I'll still be cheering WhatsApp on - just from the outside", according to Tech Crunch. Facebook's enormous profits, meanwhile, are powered nearly entirely by advertising targeted to its users' interests. Disagreement is based on Facebook's use of personal data and its attempts to weaken the service use of encryption. Both features actually came to light back in February in the WhatsApp for Android beta, but it's nice to have official confirmation.

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With the recent data privacy concerns at Facebook, Jan Koum saw that his vision of WhatsApp has been largely altered and that may have prompted his decision to quit Facebook.

WhatsApp's other co-founder, Brian Acton, left the company past year and has since tweeted support for the #DeleteFacebookMovement last month.

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