Facebook buying Whatsapp... for $16 billion!

iMore.com

Administrator
Nov 15, 2013
64,894
41
0
Visit site


Facebook has just announced that they're buying the popular instant messaging (IM) app Whatsapp for an incredibly cool 16 billion-with-a-b dollars. Facebook, of course, has their own popular IM app, Facebook Messenger, just like they had their own photos platform before they bought Instagram. Many companies never see their replacement coming. Facebook seems intent on not making that mistake and clearly have the bank account to back it up. Will WhatsApp end up really being worth $16 billion to Facebook, especially in a fragmented market that includes other major players like Line, WeChat, BBM, and many more? Time will tell, but read the full press release below and tell me what you think...

Full story from the iMore Blog...
 

iOS Gravity

Well-known member
Sep 24, 2013
4,071
1
0
Visit site
I just heard about this on the news. They said that FaceBook is buying it, but won't make any major changes. Not that I even use it. :)
 
Last edited:

Trending Posts

Members online

No members online now.

Forum statistics

Threads
259,603
Messages
1,763,708
Members
441,182
Latest member
Andrei Siclovan