Remember that messaging app that Facebook acquired for $19.2 BILLION back in 2014? I know I forgot about it for some time. Slack was occupying my time and you know…sending iMessages cause team iPhone..
WhatsApp is going to start testing out a different revenue stream by charging companies to send notifications to users. They are doing this while simultaneously dropping their WHOPPING $1 yearly subscription fee. I didn’t even know they HAD a subscription fee. Also it will not being using disgusting third-party advertising like a bunch of heathens! Good on them. With the $1 you are saving you could get a McChicken sandwich from McDonalds…pretty good trade off in my eyes.
On the other side of the Facebook camp lies Instagram. The awesome photo sharing service that allows you to show off your “fitness” interests why being half naked. Fun stuff.
Instagram, which was acquired for $1B in 2012, has announced that they will be expanding their expanding their advertising model and work more closely with small businesses and users in international markets. If you have an Instagram account you may have noticed sponsored photos hidden among your stream of selfies and photos of food. Only time will tell if this will make any bit of difference in Facebook’s stock price, but it is worth a look.
Facebook $FB closed Friday at 94.97 (-3.46%)
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Big fan of the “F”n FANG as well.
Strategic yet sensible tech purchases may turn this company into a Google 2.0
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