WhatsApp co-founder Jan Koum resigns from Facebook

In a comment on Koum's Facebook post, Facebook CEO Mark Zuckerberg wrote: "I'm grateful for everything you've done to help connect the world, and for everything you've taught me, including about encryption and its ability to take power from centralized systems and put it back in people's hands."Zuckerberg concluded by saying: "Those values will always be at the heart of WhatsApp".

According to Zuckerberg, about 2 billion minutes spent by users on personal calls in WhatsApp messenger, therefore it was chose to introduce the feature of group video calling. "But it is time for me to move on", he wrote on his Facebook wall.

In a rather surprising turn of events, Jan Koum, the founder of WhatsApp, has resigned from Facebook, the parent company of Whatsapp.

His departure could be timely for Facebook, as it looks to monetize the promising WhatsApp platform, according to Barclays analyst Ross Sandler.

Facebook has been trying to defuse questions about whether it can be trusted with the reams of personal information it collects to sell ads and whether its social network does more harm than good.

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Revenue from that division surged to US$9.1bn, beating last year's figure of US$8.5bn and Wall Street forecasts of US$8.4bn. Apple reported second-quarter earnings of $2.73 a share, up 30 percent year-over-year, on revenues of $61.1 billion.

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. In attendance will be more than 5,000 app software developers, some of whom may be WhatsApp users. We know that Facebook's entire business model hinges on targeted advertising around personal data. Acton has left the company November and post the analytica controversy has urged people to join #DeleteFacebook movement on social media.

WhatsApp employees are quite anxious since the co-founder has left the company.

In a reply to Koum's Facebook post, Zuckerberg told him he would miss working together.

As usual, WhatsApp did not give any timeline for the rollout of both the features, but with the company already working on them, it will be a matter of time for the company to push them to the users.

  • Regina Walsh