| Facebook Buys Whatsapp For $16 Billion In Cash And Stock | |
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Ashawo Leader
Posts : 5607
| Subject: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 07:07 | |
| Facebook is purchasing messaging giant WhatsApp for$16B in cash and stock, according to aregulatory filing. The deal is being cut for $12B in Facebook shares, $4B in cash and an additional $3B in RSUs for employee retention. A termination fee is attached to the deal that would cost Facebook $1B in cash and $1B in shares if the deal fails to pass regulatory muster. Facebook hasposted on its blog, detailing the reasoning behind the acquisition as well. The post notes that WhatsApp will continue to operate independently and retain its brand. In addition,. WhatsApp co-founder and CEO Jan Koum will join Facebook’s board. Facebook notes that WhatsApphas over 450M MAUs, with 70% of those active each day. In a staggering comparison, Facebook also notes that the messaging volume of WhatsApp approaches the SMSvolume of the entire global telecom industry — and that it’s adding 1M users a day. WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable,” said Mark Zuckerberg, Facebook founderand CEO in a statement. “I’ve known Jan for a long time and I’m excited to partner with him and his team to make the world more open and connected." Jan Koum, WhatsApp co-founder and CEO, said, “WhatsApp’s extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide." Facebook specifically calls out its deal with Instagram as a template for how it will deal with WhatsApp: Facebook fosters an environment where independent-minded entrepreneurs can build companies, set their own direction and focus on growth while also benefiting from Facebook’sexpertise, resources and scale. This approach is working well with Instagram, and WhatsApp will operate in this manner. WhatsApp’s brandwill be maintained; its headquarters will remain in Mountain View, CA; Jan Koum will join Facebook’s Board of Directors; and WhatsApp’s core messaging product and Facebook’s existing Messenger app will continue to operate as standalone applications. In a post on the WhatsApp blog,Koum elaborates on that: Here’s what will change for you, our users: nothing. WhatsApp will remain autonomous and operate independently. You can continue to enjoy the service for a nominal fee. You can continue to use WhatsApp no matter where in the world you are, or what smartphone you’re using. And you can still count on absolutely no ads interrupting your communication. There would have been no partnership between our two companies if we had to compromise on the core principles that will always define our company, our vision and our product.
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smile2012 Ultimate
Sex : male Posts : 20755 Location : lag
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 07:30 | |
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turkcorp Senior
Sex : male Posts : 1365 Location : Jasikan
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 07:42 | |
| Well hope the service gets better | |
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munajoe Senior
Posts : 1224 Location : lagos
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 08:01 | |
| The service is always better | |
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flashyberry Enthusiast
Sex : male Posts : 1876 Location : BEHIND YOU
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 12:14 | |
| its nt buy... Its signing parterniship, maek zuckerberge didnt say bought! Jam is his friend.. Were did u even get dis info frm? | |
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HORIZONTAL Amateur
Sex : MALE Posts : 423 Location : Desert
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 13:07 | |
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flashyberry Enthusiast
Sex : male Posts : 1876 Location : BEHIND YOU
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 14:38 | |
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munajoe Senior
Posts : 1224 Location : lagos
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 20:46 | |
| - flashyberry wrote:
- its nt buy... Its signing parterniship, maek zuckerberge didnt say bought! Jam is his friend.. Were did u even get dis info frm?
it is you that don't know,facebook purchased whatsup for 19billion dollars,is on cnn and ajezeera even bloomberg anounce buyout so what is partnerships.the size of facebook partnering | |
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flashyberry Enthusiast
Sex : male Posts : 1876 Location : BEHIND YOU
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 20:51 | |
| mark zuckerberge updated it himself neophyte | |
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munajoe Senior
Posts : 1224 Location : lagos
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 20:58 | |
| - flashyberry wrote:
- mark zuckerberge updated it himself neophyte
even the share price drop on the report of the buy read more on market watch | |
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flashyberry Enthusiast
Sex : male Posts : 1876 Location : BEHIND YOU
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 21:00 | |
| i guess i ve to go do ma research again!!! But what mark updated was way differient frm this.... I stalk him on facebook big time!! | |
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munajoe Senior
Posts : 1224 Location : lagos
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 21:01 | |
| @flashberry and who are you calling a neophyte you must be crazy you don't know anytin and you are been corrected | |
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flashyberry Enthusiast
Sex : male Posts : 1876 Location : BEHIND YOU
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-20, 21:05 | |
| u cnt accept d fact!!! But anyway its ur own problem. | |
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heavenboundpkay Enthusiast
Sex : m Posts : 1564 Location : Dar es Salaam
| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock 2014-02-21, 19:50 | |
| By the way, the amount is $19, not $16 | |
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| Subject: Re: Facebook Buys Whatsapp For $16 Billion In Cash And Stock | |
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| Facebook Buys Whatsapp For $16 Billion In Cash And Stock | |
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