CAPE TOWN, South Africa -- Today, digital banking, investing and lending have gone mainstream in China, with millions of consumers skipping straight from cash to mobile finance. The African market shows similar potential.
The blue checks are apparently getting rolled out more widely now, but not everyone has them yet. When I texted an Android
To give you some perspective, that is 10 times the amount sent in the entire US text message industry in one day. That is just insane!
[h/t Gigaom] If Facebook CEO Mark Zuckerberg is to be believed, none of this will be a problem. Zuckerberg has maintained
Facebook's recent purchase of the messaging app WhatsApp perfectly illustrates tech's impact on the job market and inequality
Zuckerberg has promised that Facebook won't interfere with the way WhatsApp operates. The Microsoft founder had earlier discussed
"We have not, we do not and we will not ever sell your personal information to anyone," WhatsApp co-founder Jan Koum wrote
So in this bizarro world where we are not crippled by our obsolete view of work, the vast majority of us would work only
Once upon a time, big philanthropy worked like this: After decades of building a great fortune (because it used to take decades), a titan of industry would create a major foundation late in life and, not long after, would pass from the scene.
In a land of pushy 20-something wunderkind CEOs, WhatsApp's Jan Koum is a 37-year-old black sheep who just wants to build a great product without media attention. No muss, no fuss.
And, at least in the short-term, these trends show no sign of letting up. WhatsApp, according to Facebook, signs up over
We've thought of Facebook's growing ecosystem of services as revolving around and expanding the core Facebook experience. We're thinking too small. Zuckerberg is dreaming of an even larger universe of services that aren't tied to Facebooking, but communicating -- full stop.