Facebook Buys Messaging Service WhatsApp for $16 Billion

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Facebook Buys Messaging Service WhatsApp for $16 Billion

Post by bdahm on Thu Feb 20, 2014 4:02 pm

Facebook said Wednesday it was buying the fast-growing mobile messaging service WhatsApp for more than $16 billion in cash and stock, expanding the global footprint of the social networking giant. That's quite a payday.


http://tinyurl.com/nsa2l2m



-BillĀ 

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Re: Facebook Buys Messaging Service WhatsApp for $16 Billion

Post by bdahm on Sat Feb 22, 2014 3:26 pm

Here's a story that suggests that the value in WhatsApp is its ability to focus on a smaller and closer group of friends.

http://d.pr/rJSP

-Bill

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