Bad news for WhatsApp users.. prepare for the monthly subscription!

24 November, 2022
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Bad news for WhatsApp users.. prepare for the monthly subscription!

The American billionaire and CEO of Meta, which owns Facebook and WhatsApp applications, Mark Zuckerberg, is looking forward to increasing the company's revenues through a move that may not satisfy some users of the world's most popular communication application.

Zuckerberg revealed the possibility of imposing a monthly fee or subscription on the “WhatsApp” and “Messenger” applications, to improve the company’s revenues, which have recently declined significantly and significantly, according to the “Economic Times” newspaper.

According to the newspaper, Zuckerberg told employees that it was these two applications that would drive the next wave of growth in the company's sales, not the "Metaverse" projects. This comes in light of the growing skepticism of investors about the ability of “Meta” projects in the world of “Metaverse” to achieve profits in the coming years, in addition to the decline in corporate profits by 52 percent to $ 4.4 billion during the third quarter of 2022.

Zuckerberg made these remarks amid an attempt to calm concerns about Meta's financial affairs after the recent mass layoffs, involving about 11,000 employees. The statements caused confusion among users of “WhatsApp” and “Messenger”, who fear that the applications will turn into paid applications or filled with paid ads.

Online platforms, whose economic model is based on advertising, suffer especially from advertisers reducing their spending due to global inflation and high interest rates.

The net profit of the “Meta” group fell to 4.4 billion dollars in the third quarter of this year. 


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