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WhatsApp head confirms ads in the messaging app are still in the works
(www.theverge.com)
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FWIW, I don't think the last sentence is quite right. I think it's more like, "oh, some geeks made this thing in their basement? ok, but I have this already made by a rich company."
Privacy isn't on the radar, ease of use, design, and how it makes you look to other people are.