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The Economist on Wednesday
suggested that an upcoming "messaging war" may be declared during
Facebook Inc'sFB developer conference in which the company is expect to say it will turn its Messenger app into a "platform."
The publication continued that by doing so third party developers can create software for it in areas including gaming, hotel bookings, tickets and more. Facebook is apparently following China based WeChat and South Korean KakaoTalk in transforming its app into a platform.
In fact, Facebook could also be moving in to
Apple Inc.'sAAPL and
Google Inc'sGOOGGOOGL territory and their respective smartphone systems, iOS and Android.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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