WhatsApp CEO Jan Koum steps down from Facebook

WhatsApp CEO Jan Koum steps down from Facebook

In a blog post written when Facebook announced the biggest acquisition in its history, Koum wrote that the deal wouldn't have happened if WhatsApp "had to compromise on the core principles that will always define our company, our vision and our product".

According to Zuckerberg, about 2 billion minutes spent by users on personal calls in WhatsApp messenger, therefore it was made a decision to introduce the feature of group video calling.

"It is time for me to move on".

Jan Koum's plan to exit comes after clashing with the parent company over WhatApp's strategy and Facebook's attempts to use its personal data and weaken its encryption, the Washington Post earlier reported, citing people familiar with the internal discussions. That comment further tries to downplay the idea that Facebook pushed Koum away by trying to erode encryption. Koum obscured that motive in his note that says, "I'll still be cheering WhatsApp on - just from the outside", according to Tech Crunch.

Sandler estimated that WhatsApp and Facebook Messenger could now combine for revenue of roughly $11 billion by 2020. Granted the founders, who gleaned $19 billion from the sale of the app, probably aren't losing too much sleep over Facebook's policies.

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Meanwhile, WhatsApp was founded by Jan Koum and Brian Acton in 2009 and rose to become one of the most used instant messaging and communication apps in the world.

Concerns about Facebook's handling of personal information have grown since the social network's admission in March that the data of millions of users was wrongly harvested by political consultancy Cambridge Analytica.

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.

Yet, circumstances of Koum's departures aren't cleared and he won't stand for re-election to the board at Facebook's May 31 annual meeting. Previously, WhatsApp co-founder, Brian Acton left the company to start his own non-profit foundation.

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