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.

Permalink for comment 583218
To read all comments associated with this story, please click here.
RE[2]: Bye Whatsup
by hussam on Thu 20th Feb 2014 06:36 UTC in reply to "RE: Bye Whatsup"
Member since:

Can you explain why anyone has every used whatsapp? It seems like chat has been a solved problem since 1963 or so.

Because you get only one account per phone number. It looks more professional that way.

Reply Parent Score: 2