WhatsApp Denies Report that the Platform is Exploring Ads

WhatsApp Denies Report that the Platform is Exploring Ads
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WhatsApp Denies Report that the Platform is Exploring Ads

WhatsApp Denies Report that the Platform is Exploring Ads

WhatsApp's top head on Friday denied a Financial Times report that said the Meta Platforms-owned messaging platform was exploring advertisements as it sought to boost revenue.

"This @FT story is false. We aren't doing this," WhatsApp head Will Cathcart said in a post on social media platform X, formerly known as Twitter.

The report said that teams at Meta were discussing whether to show ads in lists of conversations with contacts on the WhatsApp chat screen, but no final decisions had been made, citing people familiar with the matter.

FT added that Meta was also deliberating whether to charge a subscription fee to use the app ad-free.
In a statement, WhatsApp told the FT that "we can't account for every conversation someone had in our company but we are not testing this, working on it, and it's not our plan at all."

FT also said many company insiders were against the move.
Meta did not immediately respond to a Reuters request for comment.
Facebook bought WhatsApp, which has always been a free chat app, in 2014 for $19 billion.
Meta has already been working to boost revenue from WhatsApp. CEO Mark Zuckerberg last year said that WhatsApp and Messenger would drive the company's next wave of sales growth, with business messaging "probably going to be the next major pillar" of Meta's business.
WhatsApp's Business application catered to more than 200 million users on its platform, as of June this year, a four-fold jump from about three years ago.



Germany Says Aims to be World Leader in Quantum Technologies

German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
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Germany Says Aims to be World Leader in Quantum Technologies

German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)
German Chancellor Olaf Scholz stands next to a Quantum system during the inauguration of IBM's quantum data center at the IBM Campus in Ehningen, southern Germany, on October 1, 2024. (Photo by SILAS STEIN / AFP)

German Chancellor Olaf Scholz vowed to support the development of quantum technologies, saying at the opening of an IBM data center on Tuesday that investment in the sector was crucial for the future of Europe's biggest economy.

"Our goal is clear: to be global leader in quantum technologies," said Scholz, adding Germany had invested 2 billion euros ($2.22 billion) on quantum technology since 2020.

"This is the basis of our economic success and prosperity," he said at the opening of IBM's Quantum European Data Center in Ehningen, a roughly 290-million-euro investment. The center will allow users in Europe and elsewhere to access services for cloud-based quantum computing research, Reuters reported.

Quantum computers could operate millions of times faster than advanced supercomputers. So far, the United States and China have led the technology.

Other projects in Germany include the joint development of quantum processors by Infineon and eleQtron GmbH.
Scholz said Germany was focused on semiconductors, AI, pharmaceuticals and bio- and climate technologies.
"These are the areas we need to lead," said Scholz.