Kunal Shah named to helm WhatsApp as Meta reshapes leadership
Meta will have Will Cathcart step down after more than seven years as head of WhatsApp to take a new role building products, appointing Cred founder Kunal Shah to run WhatsApp; Meta is investing $900 million in Cred (valued at about $4.5 billion post-money) as WhatsApp surpasses 3 billion monthly users and Meta tests subscriptions for WhatsApp, Facebook, and Instagram to diversify beyond ads and offset AI costs.
