Facebook buys WhatsApp for $16 billion

Discussion in 'Up to the Minute' started by zwiebel, Feb 20, 2014.

  1. zwiebel

    zwiebel New Member

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    Facebook failed to buy Snapchat for $3 billion so it looks like they were determined not to lose a second deal. They've just bought WhatsApp for $16 billion.

    WhatsApp has about 450 million users, who get the service free for one year, then have to pay a dollar. Experts all say it's a good deal to ensure FB doesn't get left behind, but no-one seems certain how profits are going to be generated from all those users.

    Lol, I think they're they're trying to recapture all those teens fleeing Mom and Dad on Facebook.

    http://www.bloomberg.com/news/2014-...le-messaging-app-whatsapp-for-16-billion.html
     
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  3. ~n/t~

    ~n/t~ New Member

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    What's whatsapp?
     
  4. Dushi

    Dushi Well-Known Member

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    It is a messenger service.
    Its quite good.
    I use it to chat with friends in other countries
     
  5. ~n/t~

    ~n/t~ New Member

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    Like a chat room or like Skype? I guess I should look into it myself eh?:floorlaugh:
     
  6. oh_gal

    oh_gal New Member

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    The impact of this news would be so much greater if the newscaster said,

    "In the news today, Facebook has purchased "WHAZAPPPPPPPPP!" for $16B."

    But they say it so ...deadpan...yawn...
     
  7. neverletgo

    neverletgo Well-Known Member

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    Why WhatsApp is worth $19 billion
    By David Goldman @DavidGoldmanCNN February 20, 2014: 11:30 AM ET

    Snipped:

    http://money.cnn.com/2014/02/20/technology/social/whatsapp-19-billion/
     
  8. ~n/t~

    ~n/t~ New Member

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    I agree. :lol:
     

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