WhatsApp Co-founder Hints On Starting Up A New Foundation

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Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post, media reports on Wednesday.

Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. A Stanford alumnus, Acton co-founded WhatsApp with Ukrainian immigrant Jan Koum in 2009.

The duo worked at Yahoo before starting WhatsApp.