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Facebook Buying Up WhatsApp ...

Picnic06-Biante15

By Picnic06-Biante15,
in Lite & EZ

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Picnic06-Biante15

Picnic06-Biante15

Supersonic

Wahhhhhhhhhh.................. no more secret messages in WhatsApp leow ...... [sweatdrop]

 

 

Yahoo news: Facebook closes big-ticket buy of WhatsApp

 

Facebook on Monday completed its buy of mobile messaging application WhatsApp, with the mostly stock deal tallying nearly $22 billion.

 

The acquisition was given the colossal price tag of $19 billion when the deal was struck in February, but a rise in Facebook shares has pushed the value even higher.

 

"We are looking forward to connecting even more people around the world, and continuing to create value for the people who use WhatsApp," Facebook said in a statement emailed to AFP.

 

Terms of the deal include WhatsApp co-founder Jan Koum remaining head of the company and taking a seat on the Facebook board of directors.

 

Koum's salary will be one dollar a year, according to a filing Monday with the US Securities and Exchange Commission. The symbolic annual pay mirrors that of Facebook chief Mark Zuckerberg.

 

WhatsApp co-founder Brian Acton will remain with the company under terms of the acquisition, which promises "inducement grants" of millions of shares of stock that will incrementally vest during the coming four years for Koum and Acton if they remain with the company, according to Facebook.

 

European Union regulators on Friday cleared the buyout of the WhatsApp mobile messaging service by Facebook, despite opposition by telecom companies afraid of the growing power of US technology giants.

 

In a statement explaining its approval of the deal, the European Commission, the EU's executive arm, said Facebook and WhatsApp were "not close competitors" and that consumers would continue to have a "wide array of choices".

 

"We have carefully reviewed this proposed acquisition and come to the conclusion that it would not hamper competition in this dynamic and growing market," EU Competition Commissioner Joaquin Almunia said in a statement.

 

Facebook, the world's biggest social network, announced the buyout of the WhatsApp messenger service, used by 600 million people, in February and US authorities approved the deal in April.

 

The buyout included 177 million Facebook shares, plus $4.59 billion in cash. In addition, the social network agreed to provide 45.9 million restricted shares to WhatsApp employees.

 

 

link: https://sg.finance.yahoo.com/news/facebook-closes-big-ticket-buy-whatsapp-192403177.html

 

 

Used to get a lots of videos on WhatApp and now with Facebook taking over, nothing can stop the videos from leaking out if hack by hackers ... :o

 

 

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Jman888

Jman888

Moderator

If only I had studied 'Computer Science' back in the late 70's or early 80's ...... [bigcry]

 

Creat one Web and sold for billions of dollars ..... [bounce2]

 

 

yah and hundred of thousands end up in call centre [laugh][laugh]

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Ktglfc

Ktglfc

Hypersonic

Do we need to pay for whatsapp in the near future?

I am sure FB will want to recoup back some money :(

I don't want whatsapp to be full of commercial ads !!

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Kusje

Kusje

Supersonic

Do we need to pay for whatsapp in the near future?

I am sure FB will want to recoup back some money :(

I don't want whatsapp to be full of commercial ads !!

 

Whatsapp is already charging leh.

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Volvobrick

Volvobrick

Supersonic

Once FB imposes fees/restrictions/adverts/data mining, then just move on to Viber!

 

Viber can call, can video call, can message, can work with computers/laptop etc. Basically can do more than WhatsApp.

 

 

 

 

 

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Kusje

Kusje

Supersonic
(edited)

 

is it? mine still free leh :))

 

I think it is free for first year then after that 0.99 USD per year (now we know you change phone every year!)

 

Anyway, at 99 cents per year, I am willing to pay. Once they start throwing ads into the mix, I'm out!

Edited by Kusje
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Jman888

Jman888

Moderator

 

I think it is free for first year then after that 0.99 USD per year (now we know you change phone every year!)

 

Anyway, at 99 cents per year, I am willing to pay. Once they start throwing ads into the mix, I'm out!

 

 

some time we can drink a few cup of kopi a day cost more than $1 per cup, but we are not willing to pay $1 for a year of whatsapp service [laugh][laugh]

 

the thing is if you start giving people free thing, cannot take back. Or employee can get pay raise every year, but cannot cut their pay.

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Ryu

Ryu

5th Gear

 

 

some time we can drink a few cup of kopi a day cost more than $1 per cup, but we are not willing to pay $1 for a year of whatsapp service [laugh][laugh]

 

the thing is if you start giving people free thing, cannot take back. Or employee can get pay raise every year, but cannot cut their pay.

 

It is like if start charging extra for the sugar, salt and pepper on your table, people will make noise. [laugh]

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Ahgong

Ahgong

Supercharged

Do we need to pay for whatsapp in the near future?

I am sure FB will want to recoup back some money :(

I don't want whatsapp to be full of commercial ads !!

 

heh heh... time to go on to better things.

look telegram~!

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Freestylers09

Freestylers09

5th Gear

 

 

some time we can drink a few cup of kopi a day cost more than $1 per cup, but we are not willing to pay $1 for a year of whatsapp service [laugh][laugh]

 

the thing is if you start giving people free thing, cannot take back. Or employee can get pay raise every year, but cannot cut their pay.

 

 

same like many driving a big car but find and try save carpark fee like no tomorrow

 

lol

$22b :blink: :blink: :blink:

 

I should have studied harder [:(]

 

 

this is also his destiny la.

 

he rejected by few big it companies before so he did this whatsapp

 

end up $ cannot spend finish..lol

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Ahgong

Ahgong

Supercharged

not many people using leh.

 

 

encourage your friends to go on it.

and it will slowly spread. like how FB and whatsapp did in the early days.

the desktop version is my fav~! paired with the mobile version, they are the best that messengers can currently offer~!

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