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Facebook to Buy WhatsApp Messenger for an Astounding $16 Billion

dgstorm

Editor in Chief
Staff member
Premium Member
facebook-whatsapp-buy-buyout.jpg

Here's a large news piece for this late Wednesday afternoon. This was first reported on one of our sister-sites by Phil.

It looks like today is a big day for Facebook and the popular app WhatsApp Messenger. The popular messaging application is about to be bought out by Facebook, for a whopping $16 billion.

According to the SEC report, the social network mogul is paying WhatsApp $4 billion in cash, $12 billion is Facebook shares and possibly $3 billion in employee stock payouts.

WhatsApp is a popular messaging app, that can message cross-platform, along with sending files, photos, and video.

In April 2013, Google offered to...

Continue Reading @ Facebook Buying WhatsApp Messenger for $16 Billion
 
Looks like they are looking to compete with Google voice.

Sent from my SAMSUNG-SGH-I317 using Tapatalk
 
Quick, let's all put our heads together and make an app that will sell for 1/16th of what WhatsApp has sold for. We'd all be filthy rich!

I have the perfect name: Flappy Chat
 
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