By Business & Finance 
WhatsApp co-founder Brian Acton announces his departure from the messaging app, Comcast pushes towards commercial customers and US R&D continues to soar.
TECHNOLOGY: WHATSAPP NEXT FOR ACTON?
WhatsApp co-founder Brian Acton plans to leave the famous messaging company he helped build. He announced this yesterday in a Facebook post and will officially leave in November. Acton will pass on his duties to senior engineers at the tech giant and move on to a new business venture.
“I’ve decided to start a nonprofit focused at the intersection of nonprofit, technology, and communications”, Acton wrote on a Facebook post.
Read the full story on Business Insider.
MEDIA: COMCAST GOES COMMERCIAL
The US cable provider is pushing towards a more commercial-based format offering customers its service outside of traditional cable. As viewing habits change, so does the demand for quicker connections to boost sales.
“Comcast sees $40 billion to $50 billion in potential revenue from selling services like voice, video and networking technologies to business customers, a market segment traditionally dominated by telecom companies like AT&T Inc and Verizon Communications Inc, said Bill Stemper, president of Comcast Business, in an interview.”
See it on Firstpost.
RESEARCH & DEVELOPMENT: R&D in the US reached $356 billion in 2015
“Of the total R&D expenditures in 2015, companies spent $22 billion (6 percent) on basic research, $56 billion (16 percent) on applied research, and $278 billion (78 percent) on development.”
A report conducted by the National Science Foundation (NFS) shows that a 4.4% increase on research and development (R&D) expenditure was seen in 2015. The figure has jumped from $341 billion (2014) to $356 billion (2015).
Read more on National Science Foundation.
