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 16:00 UTC in reply to "RE: My phone number"
pysiak
Member since:
2008-01-01

"Does it mean my resistance to give my phone # to facebook was in vain because they got it through WhatsApp?
Yes. Then again, if any of your friends are using Facebook on their mobiles and have your phone number stored in their contacts Facebook's already got it and most likely have been able to link your profile to it ages ago. "
Phew! What a relief ? :-)

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