lubricus writes "Facebook announced plans to acquire WhatsApp for four billion cash, plus 12 billion in Facebook shares.
Additionally, WhatsApp employees and founders will receive three billion in restricted stock which will vest in four years. Facebook also agreed to a one billion dollar break up fee.
WhatsApp says they have message volume which approaches the global SMS volume, and hope to have one billion users. Even at those figures, Facebook is paying $16 per user.
I'm guessing WhatsApp will send Snapchat developers a cake."
(Score: 5, Interesting) by Jaruzel on Thursday February 20 2014, @08:36AM
My daughter, and her collection of same-age friends all reacted to the Facebook buyout news by immediately dumping whatsapp (which up until then was their platform of choice) and switching to BBM[1] this morning.
-Jar
[1] No, I don't get that choice either. Teenagers huh ?
Wash at 40°C, and hand dry only. My MUD Engine [jaruzel.com]
(Score: 4, Informative) by hitsuji on Thursday February 20 2014, @09:15AM
BBM was always popular with teenagers in the UK. Now there is an Android client it becomes an attractive alternative to Whatsapp. I use it myself to chat with my daughter.
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