brendanvb
New member

Facebook has just announced that it will acquire popular mobile messaging service WhatsApp for a staggering $16 billion. Revealed today in an SEC filing and by founder Mark Zuckerberg, the social networking giant will bolster its mobile messaging efforts by acquiring the company for $4 billion in cash and $12 billion worth of Facebook shares. For those unfamiliar with the service, WhatsApp offers real-time messaging across iOS, BlackBerry, Windows Phone, and Android devices outside of traditional SMS messaging.
According to the announcement, WhatsApp is used by over 450 million people, 70% of which use it daily. What's more, WhatsApp's usage reportedly rivals that of SMS messaging worldwide.
"WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable," said Zuckerberg.
Of course, this isn't the first time Facebook has spent a large sum on a popular mobile service — in 2012, the company paid a whopping $1 billion for Instagram.
I wonder if this means they're going to implement Facebook into Whatsapp in some way?