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Edited by Bistromathics: 2/19/2014 11:49:49 PM
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Facebook to buy Whatsapp for $16 BILLION

Holy shit

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Holy shit

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[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]

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