[quote][url=http://www.theverge.com/2014/2/19/5427332/facebook-is-buying-whatsapp]Facebook has entered into an agreement to purchase WhatsApp, the massively popular messaging client, for $16 billion in cash and stock. A document filed with the SEC today confirms the huge purchase. As was the case with Instagram, the company says WhatsApp will continue to operate independently after the acquisition — separate from Facebook Messenger — but claims the deal "accelerates Facebook’s ability to bring connectivity and utility to the world." Facebook is also throwing in an extra $3 billion in restricted stock units that will go to WhatsApp’s employees; those will vest over a period of four years after the acquisition is finalized.[/url][/quote]
$4 billion is cash, the rest is stock.
Whatsapp is a messaging app for phones. You can "text" without texting, like Facebook Messenger.
Holy shit.
[spoiler]Holy shit.[/spoiler]
-
never heard of whatsapp, but Facebook is free to purchase anything of mine for the small fee of $500,000,000 if they would like to.