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YOU WONT BELIEVE: 9 - What They Never Told You

Meta's Cred deal showcases new playbook: take stake, hire the founder

Meta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred and Scale AI. This "acquihire" approach allows Meta to rapidly gain specialised talent and influence, bypassing lengthy onboarding processes and regulatory hurdles of full acquisitions. While founders benefit financially…

The Economic Times

Cloudzy review 2026

Not your run-of-the-mill web hosting provider

TechRadar

Meet Kunal Shah: He once worked as a delivery boy to support family. Now he's set to lead world's biggest messaging platform

Kunal Shah, the visionary behind fintech success CRED and FreeCharge, is set to lead Meta's global messaging giant, WhatsApp. Shah, who previously overcame family bankruptcy by working odd jobs, will transition from his operational role at CRED, where he built a 17-million-member platform. He believes WhatsApp holds immense untapped potential,…

The Economic Times

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Talent twist: Silicon Valley's India story takes an unexpected turn

The prospective appointment of Kunal Shah to a leadership position at WhatsApp exemplifies an emerging pattern: Indian founders are increasingly sought after by Silicon Valley. Unlike traditional executives who have ascended through corporate ranks, Shah's expertise originates from India's dynamic digital landscape. This reflects Big Tech’s shift towards valuing entrepreneurial…

The Economic Times

Kunal Shah Joins Meta as WhatsApp Head, Steps Down from CRED

In a major development that has surprised and delighted the Indian startup ecosystem, CRED founder Kunal Shah is set to join Meta as the Global Head of WhatsApp. The announcement comes alongside leadership changes at CRED, where Shah will step down as CEO, handing over interim charge to Miten Sampat.

Whats Hot

Explained | What is the 'Boss Scam' and how hackers are using CEOs' WhatsApp accounts to steal money

A sophisticated 'Boss Scam' is targeting Indian companies, with cybercriminals hijacking executives' WhatsApp accounts to authorise fraudulent payments. These attackers impersonate regulators, tricking leaders into downloading malware that grants access to their communication. Employees are then instructed to make urgent transfers, exploiting trust and fear.

The Economic Times

Who Is Kunal Shah? The Indian Founder Meta Bet $900 Million on to Lead WhatsApp

Kunal Shah, founder of CRED, appointed as global head of WhatsApp by Meta, following a £680 million investment in his startup. Miten Sampat steps in as interim CEO of CRED.

International Business Times UK

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Meta hires Indian fintech start-up founder as new WhatsApp chief

Kunal Shah’s appointment comes after Meta invests $900m in his company

The Independent UK

Kunal Shah heads to Meta; New-age IPO playbook

Happy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Kunal Shah's WhatsApp appointment underscores India's expanding Big Tech footprint

Kunal Shah, CRED founder, is set to lead WhatsApp globally, joining a distinguished line of Indian-origin tech leaders. This appointment highlights the increasing influence of Indian talent in steering major global technology firms. Recent moves include Asha Sharma at Microsoft Gaming and Rahul Patil at Anthropic, building on the legacies…

The Economic Times

Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsApp

Indian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the founder of fintech unicorn CRED and pioneer of digital payments with FreeCharge, brings extensive experience in building successful tech ventures. Meta's investment in CRED and Shah's deep understanding of user…

The Economic Times

How to automate workflows using open-source AI agents

One founder, one agent, one stack

TechRadar

'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership change

WhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Kunal Shah has officially taken the reins as WhatsApp's new leader, bringing his builder mentality and global perspective to the world's largest messaging app. This transition coincides with Meta's…

The Economic Times

Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsApp

Kunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED and previously selling FreeCharge for ₹2,800 crore, Shah's journey from humble beginnings to a fintech titan is remarkable. He will transition from CRED's CEO to Meta's global leadership, marking a…

The Economic Times

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The Economic Times

Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation push

Cathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI assistant powered by its latest model, Muse Spark, alongside privacy-focused features such as “incognito chat” built on confidential computing infrastructure using chips from AMD and Nvidia.

The Economic Times

Cred’s Kunal Shah is WhatsApp’s new CEO

Cred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. This and more in today’s ETtech Top 5.

The Independent UK

Ionos vs Hostinger: Which web hosting service is best for speed and value for money?

We signed up to a standard web hosting account with each provider, to explore ease of use and available features

The Guardian - AU

A Melbourne woman lost $646,035 to a romance scam. Should banks and dating apps be forced to refund victims like her?

The Albanese government says Australia will have the ‘world’s toughest anti-scam laws’, but consumer advocates fear they’re lacking

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The Economic Times

NEET-UG re-exam: NTA to hold nationwide mock drill on June 20; check what it means here

The National Testing Agency (NTA) is conducting a nationwide mock drill on June 20 to ensure a smooth NEET-UG re-examination on June 21. This re-test follows allegations of a paper leak in the original May 3 exam. NTA is actively reminding nearly 23 lakh candidates to download fresh admit cards…

Barchart

500 Million Reasons to Buy Meta Platforms Stock

Meta Platforms is widening its moat as Threads reaches 500 million users and rolls out new tools to deepen engagement.

The Economic Times

HC questions Telegram ban ahead of NEET retest

Delhi High Court questioned the government's ban on Telegram for 150 million users ahead of the NEET re-examination. The court asked if restricting rights of many is justified to protect others. The government cited Telegram's architecture and bot system as reasons for the emergency measure, citing difficulties in tracking offenders.

The Conversation

More than chatbots: why business AI agents are Big Tech’s next product battleground

A customer sends a WhatsApp message to a local store asking about a product. Within seconds, they receive an answer.

The Economic Times

IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibility

India faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastructure. The nation must prioritize developing its own AI capabilities and ensuring sovereign control over its technology.

Tom’s Guide

Facebook went down for thousands of users — full recap as bug crashed the social media app

Facebook suffered some more trouble just six days after it last experienced an outage.

TechRadar

Communication tools that cannot be monitored pose a corporate risk

Global regulators have signaled a permanent shift in how they view corporate communication. Today, messaging apps are a multi-billion-dollar legal liability.

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