Erik Prince tells why Mark Zuckerberg paid $20 billion dollars for WhatsApp.
Mark Zuckerberg’s acquisition of WhatsApp for $19 billion sparked a conspiracy theory suggesting it was a strategic move to harvest user data for Facebook and Instagram ads. While WhatsApp promised end-to-end encryption and user privacy, many feared Facebook aimed to exploit WhatsApp's rich metadata to enhance targeted advertising.
In 2016, WhatsApp's privacy policy update allowed limited data sharing with Facebook, fueling suspicions that user interaction data would feed Facebook's ad algorithms.
Why Mark Zuckerberg Bought WhatsApp For $20B
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