Facebook Poaches PayPal President David Marcus To Run Messenger, Maybe Monetize It With Payments

 Facebook doesn’t show ads in Messenger or WhatsApp. Instead, payments could be the key to earning money on chat, especially in the developing world where ad rates are low. If that’s the strategy, Facebook just got the perfect executive to lead the charge. It’s poached PayPal’s president David Marcus to run its Messenger unit. Facebook hinted that Marcus would be… Read More

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