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Take Zuckerberg at his word, and that business is headed for massive disruption, with implications that The Verge outlines here.More likely, Zuckerberg “is trying to have his cake and eat it too,” as my colleague and Fortune tech editor Adam Lashinsky has put it. He wants to build up his business around encrypted communications on What’sApp, Facebook Messenger and Instagram, even as he continues to mint money from the lucrative advertising business built around the open Facebook News Feed.Financial markets seemed to share Adam’s view: Facebook’s stock was down only slightly in after-hours trading.More news below.Huawei SuitHuawei has launched its lawsuit against the U.S. government for banning federal use of the company’s equipment, claiming the move is unconstitutional.
As said here by Alan Murray, David Meyer