Facebook’s antitrust problems are jeopardizing its plans for WhatsApp ...Middle East

Economy by : (Quartz) -
Facebook doesn’t make much money from WhatsApp. But CEO Mark Zuckerberg has said that forcing the company to sell the messaging app—as US prosecutors have called for in a new antitrust suit filed on Dec. 9—represents an “existential” threat to the business.That’s because Facebook has big plans for its little green app, which boasts 2 billion global users.Both WhatsApp and Instagram are targets of the suit filed by the US Federal Trade Commission and a coalition of attorneys general, which claims that Facebook’s acquisitions make it an illegal monopoly. But losing WhatsApp would mean losing the chance to claim a piece of consumer spending in growing markets like India and Brazil, where WhatsA

Hence then, the article about facebook s antitrust problems are jeopardizing its plans for whatsapp was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Facebook’s antitrust problems are jeopardizing its plans for WhatsApp )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار