Pavel Durov says that Meta has employed a team to watch their moves.
Meta has announced the launch of its AI-powered message summaries feature on WhatsApp. It is designed to help users quickly catch up on unread messages in chats. According to the company, the summary is only visible to the user, not others in the chat.
The feature is off by default, but WhatsApp shows a little icon to let the user know they can use it.
Meta is releasing the function first in the US, where it will work with English. It will be available in more languages and countries by the end of the year. As availability widens, more users will be able to take advantage of these enhancements and discover new ways to catch up on their unread messages.
Meta says that it will not compromise message privacy
This feature uses Meta’s Private Processing technology to ensure summaries are generated securely, without compromising message privacy. The feature builds on the AI technology that Meta released in April. It allowed the company to implement AI features that don’t impact encryption or user privacy.
“Private Processing will allow users to leverage powerful AI features, while preserving WhatsApp’s core privacy promise, ensuring no one except you and the people you’re talking to can access or share your personal messages, not even Meta or WhatsApp,” the company said in a blog post.
The feature is available to both Android and iOS. To that end, all users will have the same experience on either operating system and will benefit from the same message summarization feature.
Meta has been accused of sharing personal data by several nations in the past. One of the most recent ones is Nigeria. FCCPC Chief Executive Officer Adamu Abdullahi said investigations carried out in conjunction with the Nigeria Data Protection Commission (NDPC) between May 2021 and December 2023 revealed “invasive practices against data subjects/consumers in Nigeria.”
Meta stock surge
The company that owns Facebook, Instagram, and WhatsApp is working to improve the AI part of its business. For instance, it recently paid $7.4 billion for 49% of the startup Scale AI. In addition, the company was accused by OpenAI’s CEO, Sam Altman, of making “giant offers” to his team members, including $100 million “signing bonuses.”
These events backed larger market trends and gave investors more faith in Meta’s ability to grow in the future. As of the end of the last quarter, Meta’s stock price went up 18%, which is more than the market’s 12% rise over the past year.
Looking at the company’s longer-term performance, Meta’s total shareholder return, including share price and dividends, reached 336.81% over three years. This did much better than the US Interactive Media and Services industry and the market over the past year.
Meta’s return was higher than the industry’s 7.4% return and the market’s 12.2% return during the same period. The 18% rise in Meta’s stock price over the last quarter also differs from the average analyst price goal of $703.89, which suggests room for more growth than the market expects.
Pavel Durov accuses WhatsApp of copying Telegram
In an interview, Pavel Durov said that Meta has employed a team to watch their moves. He says WhatsApp applies their ideas after Telegram uses them for 5 years.
He said, “WhatsApp copies everything we do with a five-year delay… But it doesn’t bother me, it validates our choices. I’ve already met Mark Zuckerberg. I respect him as a business leader, but, with such means, I still think they could show more imagination.”
However, Telegram does not employ a default chatbot on the app. Instead, users have been given the liberty to integrate the chatbot of their choice.
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