Meta Appoints Kunal Shah as Global Head of WhatsApp Amid CRED Investment
Meta has appointed Kunal Shah, founder of Freecharge and CRED, as the global head of WhatsApp. This leadership change coincides with a $900 million investment in CRED. Shah has highlighted concerns about AI and social media's impact on productivity and emphasized mindful time use. His experience with CRED's financial services is seen as potentially influential for WhatsApp's future, especially regarding monetization and payment systems, areas where Meta has faced challenges.