WORKING BROWSING CHEAT!
Not Available | Please Check Back!!!

Pages

Sunday, February 23, 2014

Facebook Acquires WhatsApp for $19 Billion

Facebook has reached an agreement to buy online messaging service WhatsApp in a deal worth $19 billion to the small startup. Under the terms of the deal, Facebook will pay $4 billion in cash, $12 billion in stock and $3 billion in restricted stock to WhatsApp’s founders and employees.



According to its website, the WhatsApp messenger is a cross-platform mobile messaging app that allows people to exchange messages without having to pay for text messages. 

The app allows users to exchange unlimited free text messages, including recorded voice messages, and boasts nearly 450 million users per month and nearly 1 million sign-ups daily. The app is free to download, and is available for iPhone, BlackBerry, Android, Windows phone and Nokia.

There is no cost to download the app itself; the messaging service offers a free trial year, followed by a subscription cost of $0.99 per year.

“WhatsApp is on a path to connect 1 billion people,” Facebook founder and CEO Mark Zuckerberg said in a statement. “The services that reach that milestone are all incredibly valuable.”

Zuckerberg said the app will continue to operate independently within Facebook, and will complement the social network’s existing chat and messaging service. WhatsApp co-founder and CEO Jan Kaum will also join Facebook’s board.
Source: Afro.com


If you enjoyed this Info and wish to be informed whenever a new post is published, then  don't forget to Subscribe to our Email Updates!
&
Like our Facebook page

0 comments:

Facebook Plugin: By Netinfong.com

Post a Comment

We would love to get your feedback, kindly drop your comments before leaving.
Thanks

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More