Photo creds: Mashable.com

The Price of Renovation

WhatsApp is a popular social networking app that allows people to message each other and share their locations. This app has been recently bought by Facebook for 19 billion dollars. The way Facebooks seeks revenue from the app is on how they work.

With 1 million new users a day, and an annual fee of 1 dollar the company says it will soon reach a billion users and return all of its revenue to Facebook.

 WhatsApp users are roughly 70-75 percent active, this reached Facebooks attention because their number of active users has dropped to about 60 percent. I think that this is a way for Facebook to re-invent themselves and possibly make a comeback. We have seen the drop in popularity with this social networking site because more and more of your aunts and uncles keep adding you to be their friend, making the site less cool and active to the younger generations.

Hopefully this is a good step by Facebook leading to a new way of social media and networking that our young generation thrives from.

Source:CNN