What you need to know in advertising today

David Ramos

WhatsApp cofounder Jan Koum is leaving Facebook, he said in a post to his personal account on Monday.

“I’m taking some time off to do things I enjoy outside of technology, such as collecting rare air-cooled Porsches, working on my cars and playing ultimate frisbee,” writes Koum.

The news was first reported by the Washington Post on Monday afternoon, before Koum himself confirmed it shortly after. Word of Koum’s departure comes the day before Facebook’s annual F8 developer conference in San Jose is slated to begin.

Koum became a billionaire when he and WhatsApp cofounder Brian Acton sold the popular messaging app to Facebook for $US19 billion in 2014.

To read more about Koum’s departure, click here.

In related news:

WhatsApp cofounder Jan Koum’s departure from Facebook is cowardly and leaves users in the lurch. Koum was reportedly worn down by Facebook’s attempts to hoover up WhatsApp user data.

Facebook’s biggest product event of the year kicks off Tuesday – here’s everything we’re expecting to see.There’s likely to be lots of talk about virtual reality, augmented reality, video games, and, of course, data security

In other news:

Twitter announced more than 30 content deals and renewals at its NewFronts presentation on Monday. Twitter also announced a network working with creators to make premium original series, and a Live Brand Studio, which will help brands create content for Twitter and provide analytics.

The New York Times is making a big push into television. The newspaper is looking to create a show similar to its popular “The Daily” podcast and programs around other popular content like its “Modern Love” column, the company said at its NewFront presentation on Monday.

Four U.S. trade associations released a letter Monday addressed to Google CEO Sundar Pichai criticising the company’s GDPR policy, Ad Age reports.The letter reprimands Google for waiting “until the last-minute” to announce the proposals, which the trade groups say “undermine the fundamental purposes of the GDPR.”

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.