We-Chat_or_What'sApp

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The "WhatsApp" ❤ group and "Weixin" ✌, are both technology companies who launched their App around the same time. "Weixin", a project started by the Tencent research group in China launched the app in 2011. 

Then the government of china swiftly endorsed the project; allowing the App to grow to 1 billion active users. 

While, WhatsApp the American freeware which released 11 years ago today was endorsed by FaceBook providing these services: Voice Over IP, text messages and voice messages. Allowing "WhatsApp" to make: voice, video calls, share images, documents, user locations, and other media. 

The what’s App groups coming to an end, in other word are the investors investments secure. 
The "WhatsApp" application was shutdown by Governing forces because they refused to place wiretap on accounts. Making investors unease on their investment; because, the South American government forcibly placed sanctions on the "WhatsApp" company, forcing them to allow wire-taping of accounts. Nothing is done in private, although the privacy setting reflects your choice says researchers.

"WeChat" formerly named "Weixin," had under 1 billion monthly active users in 2016. As of 2019, WeChat's monthly active users have increased to an estimate of one billion. After the launch of "WeChat" payment, its users reached 400 million the next year, 90 percent of whom were in China. By comparison, "Facebook Messenger" and "WhatsApp" (two other competitive international messaging services better known in the West) had about one billion monthly active users in 2016 but did not offer most of the other services available on "WeChat". For example, in Q2 2017, "WeChat's" revenues from social media advertising were about US$0.9 billion (RMB6 billion) compared to "Facebook's" total revenues of US$9.3 billion, 98% of which were from social media advertising. "WeChat's" revenues from its value-added services were US$5.5 billion. "WeChat" Pay is a digital wallet service incorporated into "WeChat" which allows users to perform mobile payments and send money between contacts. like: paying bills, ordering goods and services, transferring money to other users, and paying in stores if the stores have a "WeChat" payment option. 

According to Wikipedia, On February 19, 2014, months after a venture capital financing round at a $1.5 billion valuation, "Facebook", Inc. announced it was acquiring "WhatsApp" for US$19 billion, its largest acquisition to date. At the time, it was the largest acquisition of a venture-backed company in history. Sequoia Capital received an approximate 5000% return on its initial investment. "Facebook", which was advised by Allen & Co, paid $4 billion in cash, $12 billion in "Facebook" shares, and (advised by Morgan Stanley) an additional $3 billion in restricted stock units granted to "WhatsApp's" founders Koum and Acton. Employee stock was scheduled to vest over four years subsequent to closing. Days after the announcement, "WhatsApp" users experienced a loss of service, leading to anger across social media. Causing over 8 million users to leave and try other services. Who is "WeChat", who is "Facebook" ("WhatsApp"). "WeChat", is the first one is to launch advertisements and provide service through Official Account, which is a B2C mode. This mode has been used by many hospitals, banks, fashion brands, internet companies and personal blogs because the Official Account can access to online payment, location sharing, voice messages, mini-games and so on. It is like a 'mini app', so the company has to hire specific staff to manage the account. 

By 2015, there are more than 100 million "WeChat" Official Accounts in this platform. In May 2019, "WhatsApp" was attacked by hackers who installed spyware on a number of victims' smartphones. The hack, allegedly developed by Israeli surveillance technology firm NSO Group, injected malware onto "WhatsApp" users’ phones via a remote-exploit bug in the app's Voice over IP calling functions. The attack was able to inject malware via calls to the targeted phone, even if the user did not answer the call. According to "WhatsApp", the exploit "targeted... 1,400 users in 20 countries
Location: Canada

Comments

Micheal said…
I'v always use whatapp so I'm okay
January 23, 2021 at 4:17 PM
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