Facebook names new messaging boss
June 10, 2014Advertisement
David Marcus, head of eBay's payments unit PayPal, will be joining Facebook's messaging team later this month, the companies announced on Monday.
The news also came as Facebook is preparing to absorb the popular messaging service WhatsApp, which it agreed to buy for a staggering $19 billion in February.
The company's new trajectory appears to hinge on the development of separate apps that can accumulate their own customer bases.
Industry analysts also view Marcus's hiring as a signal that Facebook may be looking for a way to crack into the mobile payments business.
cjc/uhe (Reuters, AFP)