Business; Whatapps Co-founder to resign


The co-founder of Social media interaction forum Whatapps, Brian Acton , says he will resign from his work and start a new foundation.
According the media reports on Wednesday, Action disclosed on his Facebook page.
Whatapps now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook posto, Media reports on Wednesday.
Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock.
A Stanford alumnus, Acton co-founded WhatsApp with Ukrainian nimmigrant Jan Koum in 2009.
The duo worked at Yahoo before starting WhatsApp.
Source:Reuters/NAN

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