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WhatsApp CEO Jan Koum. Photo: Lachlan Cunningham/Getty Images for Discovery

WhatsApp founder and chief executive Jan Koum is leaving the company more than four years after it was bought by Facebook following what the Washington Post, which broke the story, describes as fights with the social giant over data privacy issues.

Why it matters: Koum's departure comes as Facebook faces scrutiny from users and regulators over its treatment of consumer data — and right before its F8 developer conference.

What Koum is saying: "It's been almost a decade since Brian and I started WhatsApp, and it's been an amazing journey with some of the best people," he said in a Facebook post. "But it is time for me to move on."

Backstory: WhatsApp has long made resistance to harvesting user data a part of its brand, and the instant messaging service encrypts users' messages by default. But Facebook has looked in recent years for ways to monetize the platform.

Friend request: Mark Zuckerberg responded to the goodbye note in a Facebook comment:

"I will miss working so closely with you. I'm grateful for everything you've done to help connect the world, and for everything you've taught me, including about encryption and its ability to take power from centralized systems and put it back in people's hands. Those values will always be at the heart of WhatsApp."

Our thought bubble: Most telling will be Facebook's actions, not Zuckerberg's words. It will be worth watching if Facebook uses encryption in more of its products, or if WhatsApp instead becomes more commercial along the lines of Facebook and Instagram.

Go deeper

Felix Salmon, author of Capital
10 mins ago - Economy & Business

Meme stonks lose their appeal to the world of crypto

Data: Cardify; Chart: Axios Visuals

That sucking sound you hear is the outflow of meme-chasing dollars from the stock market.

Why it matters: The caravan has moved on. The dream of getting rich quick still lives, but today it's more often found in the world of crypto, NFTs or even sports betting than it is in the stock market.

Latinas who brew seek to shake craft beer industry

A server at Mujeres Brew House in San Diego rings up a customer in front of a selection of craft beers. Photo: Russell Contreras/Axios

Independent craft brewers are popping up in cities across the country, and a small but growing number of them are Latina-owned or run by a Latina head brewer.

The big picture: Latinas are opening up independent craft breweries from California to Colorado as Latina-owned small businesses continue to be one of the fastest-growing segments of the economy despite a lack of venture capital.

60 mins ago - Sports

China pulls Celtics games after Enes Kanter criticizes Xi Jinping

Celtics center Enes Kanter. Photo: Jim Michaud/MediaNews Group/Boston Herald via Getty Images

China will no longer stream Boston Celtics games after center Enes Kanter called Chinese President Xi Jinping a "brutal dictator" in a social media post over the Chinese government's repressive policies in Tibet, according to the New York Times.

Why it matters: Kanter's criticism of Beijing has sparked another round of trouble for the NBA in China, one of its largest and most restrictive markets.