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Image Credit: WhatsApp – is it worth it? – BBC News

Mark Zuckerberg’s Facebook secured WhatsApp back in 2014 for …

The social media app, WhatsApp, is currently owned by a billionaire and a tech giant, Mark Zuckerberg.

All you need is a compatible smartphone and a phone number to use it.

Owned by Facebook, WhatsApp is simple to understand and entirely free to use.

The messaging service was acquired for $4 billion in cash, $12 billion worth of Facebook shares, and $3 billion in restricted stock units to Koum and Acton.

With Meta recently changing its name to escape its Facebook-based image, it makes sense that its other businesses like …

WhatsApp is now the property of Meta Incorporated, which also owns Facebook, Instagram, Oculus, and many other technology-based companies.

Will Mark Zuckerberg testify before Congress? How old was Koum when he bought his iPhone? Who used WhatsApp before the London bombing? When did the iPhone messenger app come out? How many WhatsApp groups were used in 2017? When did WhatsApp stop supporting BlackBerry? Is WhatsApp now owned by Mark Zuckerberg? Hefner’s son Cooper will continue to work for the company as chief creative officer, making him the family’s last tie with the magazine that made them a household name.Who owns WhatsApp and how does it make money? It has held a controlling stake in Playboy since 2011.

Icon Acquisition Holdings, which owns the company’s other shares, is the buyer. The remaining $1 million will be held in escrow until they’re paid off with a $20 million loan. The sale of the Hefner family’s holdings will reportedly take place in two parts: 800,000 shares for $15 million immediately. And there are whispers the flagship magazine might be on the chopping block. (Metropoulos reportedly struck a deal with Los Angeles officials that will permanently protect it from demolition, even from future owners.) The company also deactivated its Facebook page after the Cambridge Analytical scandal. The Playboy Mansion, which was pseudonymous with the company’s reputation, became the property of neighbor Daren Metropoulos, who bought the estate in August 2016 for $100 million. With his death, the changes to his business legacy came quickly. The money will be split between Hefner’s widow and four children. The Hefner estate has sold its shares of the company, representing an interest of roughly 33%, for $35 million, according to entertainment news site The Blast.

Who owns whatsapp 2018