Neeraj Arora, the head of business development at the popular cross-platform messaging service WhatsApp, has denied rumours his company is about to be acquired by Google.
On Sunday, “anonymous sources” hinted the search giant was offering as much as $1 billion (£653m) for the platform. The same reports claimed that WhatsApp was acting reluctantly in order to drive up the price.
However, Arora told AllThingsD that WhatsApp had entered no negotiations with Google. He didn’t elaborate on the topic.
In December, a similar rumour was doing the rounds, with Facebook as an apparent buyer.
WhatsApp carried a record 18 billion messages on last New Years’ Eve, and is believed to have played a crucial role in the decline of SMS messaging. It is believed that the increased use of social messaging apps had cost mobile operators $13.9 billion (£8.8bn) in lost revenues in 2011.
In March, CEO of the company Jan Koum revealed that the app, which has users in 100 countries around the world, would eventually switch to a yearly subscription model, instead of a one-off £0.69 payment.
Are you a Google expert? Take our quiz!
Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder…
Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
Move to Elon Musk rival. Former senior executive at X joins Sam Altman's venture formerly…
Bitcoin price rises towards $100,000, amid investor optimism of friendlier US regulatory landscape under Donald…
Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during…
Explore the future of work with the Silicon In Focus Podcast. Discover how AI is…