WhatsApp is a media messaging application used by a huge number of individuals over the world. It was created by Brian Acton, a co-founder of the application. Acton declared on Tuesday the application will leave the Facebook’s corporate umbrella to create his own establishment. The decision came as no surprise, considering most insiders predicted it when Facebook took over WhatsApp a few years back.
Acton established the well-known media messaging application with WhatsApp CEO Jan Koum in 2009. He posted on Facebook that his new company will concentrate on the convergence of non-profit, innovative correspondence. Reports suggest Acton will start his new venture by the end of next year.
“It’s something I’ve thought about for a while, and now it’s time to just focus and execute,” Acton said. “I’ll have more to share in the coming months.”
Acton, an exceptional Alumni of Stanford University and previous representative of Apple , met Jan Koum while both worked at Yahoo. They became best friends, and decided to leave Yahoo in 2007 to start a new organization named WhatsApp two years later.
The application connects people across the world to send media and messages over the Internet instead of conventional short messaging services through a telephone provider. It has reached a billion clients every month since its incorporation. It’s becoming particularly popular in Brazil, Mexico, Russia, and India, considering their wide demand and upscaling economies.
Facebook purchased the organization for $19 billion and ran it quite successfully. This acquisition gave the 45-year-old Brian Acton a total net worth of $6.5 billion, according to Forbes. Facebook didn’t respond to requests for input on Acton’s takeoff, but they will likely provide an update soon, according to a representative.