Wednesday 19 February 2014

Facebook's buy WhatsApp $19B

The Silicon Valley-based startup founded by former Yahoo employees Brian Acton and Jan Koum in 2009 took its name from a play on the phrase "What's Up," according to its website.The stated mission was to build a better alternative to traditional SMS messaging in a world where smartphones were clearly becoming ubiquitous.

The founders jokingly described themselves at the website as "two guys who spent combined 20 years doing geeky stuff at Yahoo! Inc."WhatsApp Messenger is a platform for sending images, video, audio, or text messages for free over the Internet using data connections of smartphones.

Leading social media company Facebook wants to read SMSes and other confidential information of people on the Android mobile phone platform, cyber security firm Kaspersky said today.“Over the last few days there has been a constant scrutiny over Facebook having access to your SMS. Buried within the latest update for Facebook’s Android app is a feature that is causing growing concern among some users,” Kaspersky said in a statement today.

No immediate comments were received from Facebook.

Facebook is one of the companies that has been accused by US Whistleblower Edward Snowden of sneaking in to private information to help National Security Agency of US in spying at global level. The social media firm has denied that allegation.

The Facebook application at the time of installation on Android mobile phones seeks certain permissions and the updated version now asks users to allow it “Read your text messages (SMS or MMS)”.
The social media’s logic behind seeking access to SMS is that “if you add a phone number to your account, this allows us to confirm your phone number automatically by finding the confirmation code that we send text messages to India”.