Will Cathcart is stepping down as head of WhatsApp, closing a seven-year run starting in 2019 that saw the messaging platform expand into business services, advertising and artificial intelligence (AI) while repeatedly defending its core promise of encrypted communication.
Tech giant Meta will invest Rs 8,550 crore (around $900 million) in Cred, in what is among the largest financing deals for an Indian fintech startup. Founder Kunal Shah has left Cred to lead WhatsApp globally replacing Cathcart.