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[2]: My phone number
by pysiak on Thu 20th Feb 2014 14:14 UTC in reply to "RE: My phone number"
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"Does it mean my resistance to give my phone # to facebook was in vain because they got it through WhatsApp?
Why do you have a resistance to giving your phone number to Facebook, but at the same time have no problem handing it to Whatsapp? What makes them so much better than Facebook in your eyes? "
That's a good question. I must admit to being an erring human: I hesitated a lot before using whatsapp, I didn't install it in the first place.

I then caved in on a request to keep in touch with a friend far away.

I just deleted the account and uninstalled the app. At least that wasn't a painfull process, but very snappy one.

Anyway... I wanted to point to something else. Lack of control or foresight about your data in a service being sold to a hegemony at any point in time.

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