After
Facebook acquired WhatsApp for $16 billion, many began thinking about what
could be Facebook’s motive apart from the obvious fact that WhatsApp is a
rapidly growing company and the effect it would have on social media and
internet messaging.
Showing posts with label whatsapp. Show all posts
Showing posts with label whatsapp. Show all posts
Thursday, February 20, 2014
Facebook acquires Whatsapp for $19 billion
Posted by Olumide Samuel on 7:07 AM
The mega
social media giant has announced the acquisition of messaging app Whatsapp for
a price of $19 billion. $4 billion will be paid in cash, $16 billion in
Facebook shares and $3 billion in vesting restricted stock units.
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What does Facebook’s acquisition of WhatsApp mean for social media and messaging?