Libra could be Facebook's path to messaging profits

Libra could be Facebook's path to messaging profits

Facebook has more than 1.5 billion users on both WhatsApp and Messenger yet makes almost no money from the messaging services

Facebook’s plan for a new crypto-currency has the potential to change entire industries. A more likely outcome is that the technology transforms the social media giant’s own business.

While Facebook makes most of its revenue from advertising, chief executive Mark Zuckerberg says the future is private messaging. That’s a tough venue for data-hungry digital ads, so Wall Street has been wondering how the company...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post