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Author Facebook buys WhatsApp for 16bn
tranced
LG Nexus 4
Joined: Jan 19, 2006
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From: Santo Domingo, wonDeRland
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Posted: 2014-02-19 23:21
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On February 19, 2014, Facebook, Inc. (“Parent”) entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Rhodium Acquisition Sub II, Inc., a Delaware corporation and wholly owned (in part directly and in part indirectly) subsidiary of Parent (“Acquirer”), Rhodium Merger Sub, Inc., a Delaware corporation, a direct wholly owned subsidiary of Acquirer (“Merger Sub”), WhatsApp Inc., a Delaware corporation (“WhatsApp”), and Fortis Advisors LLC, as the stockholders’ agent.

As you heard it! The F is buying the messaging app WhatsApp. The buyout will be divided in cash(4bn) and stocks(12bn). If you want to read more about this deal, make sure you head to the document.
[ This Message was edited by: tranced on 2014-02-19 22:24 ]
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hihihans
HTC One
Joined: Mar 15, 2009
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From: Netherlands
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Posted: 2014-02-19 23:26
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I wonder what they'll do with it. Implant it in FB to replace messenger?
Away
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Posted: 2014-02-19 23:28
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Sad, sad news... 16bn? And I thought Microsoft was too desperate in buying Skype... But you know you're desperate when you offer snapchat 3bn
[ This Message was edited by: Away on 2014-02-19 22:41 ]
Bonovox
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Posted: 2014-02-20 00:02
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Facebook is useless at making apps work properly they'll mess this one up now
Phone?? What phone??
goldenface
Sony Xperia Z3 Compact
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From: Liverpool City Centre
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Posted: 2014-02-20 00:28
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Now Facebook will have all our phone numbers too.

We need a new 'Whatsapp' now
tranced
LG Nexus 4
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From: Santo Domingo, wonDeRland
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Posted: 2014-02-20 00:57
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Have you heard of telegram? Almost WhatsApp plus a lot of goodies.
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hihihans
HTC One
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From: Netherlands
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Posted: 2014-02-20 01:35
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I know telegram stop it is an old communication system stop
I'll give it a try.
Bonovox
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Posted: 2014-02-20 03:00
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Telegram haha that'll have to be posted
Phone?? What phone??
Tsepz_GP
Apple iPhone 6 Plus
Joined: Dec 27, 2006
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From: Johannesburg, South Africa
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Posted: 2014-02-20 10:29
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The juggernaut is growing, and where is Twitter in all of this??? They need to start making major acquisitions to, Vine and Ads can only take them so far.
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goldenface
Sony Xperia Z3 Compact
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Posted: 2014-02-20 10:32
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It seem's the popularity of Whatsapp is a danger to the networks, who have traditionally made money from sms / mms. If this is so then it might drive the price of data plans up in order to compensate.

The good thing about Whatsapp though is being able to send videos free to any phone number, something the networks have never allowed us to do properly.
Tsepz_GP
Apple iPhone 6 Plus
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Posted: 2014-02-20 10:57
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...and then there's also BBM for Android, which recently got a major update to be more competitive with WhatsApp.
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goldenface
Sony Xperia Z3 Compact
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Posted: 2014-02-20 11:25
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I have BBM for Andrd but rarely use it. For some reason Whatsapp is just so much simpler, for me anyway. I hope they don't change it but knowing Facebook, somewhere down the line they're going to make it pay.
Tsepz_GP
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Posted: 2014-02-20 11:59
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I use both BBM for Android and WhatsApp daily as I have friends and family who like to use one or the other and I have to agree, WhatsApp is much simpler/cleaner interface and it's also far less resource heavy.

FB have done a great job at keeping Instagram original, remember they bought them for $1billion last year? FB did a great job at fending off competition from Vine, they added Instagram Video and Instagram Direct Message yet kept the experience as smooth, fluid and simple as before. I don't expect them to ruin WhatsApp, rather I expect them to kill off the WhatsApp Trial period and make it completely free and maybe do a sort of tie-in with Instagram and FB, good times ahead, IMO.
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alenn
Nokia N900
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Posted: 2014-02-20 18:36
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I don't use any of the aforementioned, I just use the FB app occasionaly when I'm on my Huawei. But most of the time I'm on my N900 anyways.
Bonovox
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Posted: 2014-02-20 23:31
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Facebook shares dropped today
Phone?? What phone??
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