Linked by Thom Holwerda on Wed 19th Feb 2014 22:20 UTC
Internet & Networking

Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.

A huge deal. WhatsApp is one of the biggest messaging services is in the world - maybe even the biggest.

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RE: Could it be ~personal?
by CapEnt on Thu 20th Feb 2014 02:29 UTC in reply to "Could it be ~personal?"
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If it was revenge, it was well done. Google really deserved that.

Google's increasingly aggressive way to push forward their services are now into a point that it is becoming disturbing. Looks like Google wants everything on itself and nothing out.

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