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00:02Meta is introducing ads to WhatsApp for the first time since acquiring the app for $19 billion in 2014, according to CNBC.
00:09The company announced Monday that businesses can now run status ads in WhatsApp's Updates tab,
00:13prompting users to message advertisers directly.
00:16Meta will also monetize the channel's feature through search ads and optional subscription feeds.
00:21Ads won't appear in personal conversations, which remain encrypted.
00:24CEO Mark Zuckerberg called business messaging the next pillar of Meta's growth,
00:28with WhatsApp now surpassing 3 billion monthly users.
00:31Since acquiring WhatsApp in 2014, Meta has expanded the app's global reach without introducing ads.
00:36WhatsApp's founders, Jan Coombe and Brian Acton,
00:39opposed advertising and left after clashing with Meta executives over its inclusion.
00:44For all things money, visit Benzinga.com.
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