Facebook buys WhatsApp messaging service for $16 billion

[Anonymous]

Facebook buys WhatsApp messaging service for $16 Billion.

If true there goes WhatsApp !

http://www.pocket-lint.com/news/127378-facebook-buys-whatsapp-messaging-service-for-16-billion

[MI5]

That'll be another app I'll be deleting then....
Could be just the right time to introduce something new

[Anonymous]

Well its hit BBC news and iClarified so looks legit.

http://www.iclarified.com/entry/index.php?enid=38523

[Bambino]

Oh it's legit alright.

How's this for hypocrisy? http://www.businessinsider.com/whatsapp-note-2014-2

[perksie]

I read that FB have said that will stand with regard to ads.

[Anonymous]

---

@MI5 wrote:
That'll be another app I'll be deleting then....
Could be just the right time to introduce something new

---

{whispers}

[jonsie]

Makes Google's original offer look a bit derisory!

[Anonymous]

I don't mind BBM but the principle of the PIN number is cumbersome and a pain.

I abandoned its use a week after downloading it I'm afraid.

😞

[jonsie]

BBM is handy for me as quite a few friends here have it in preference to WhatsApp.

[sheepdog]

$16 Billion, well $4 Billion outright then the current value of facebook shares for the remainder and another $3 Billion after 3 years. Could have bought Blackberry outright and get a hardware division thrown in with change! That infamous FaceBook/OS phone would have been a reality and could still write it off as a loss.

Given history of tech take overs, this is going be a brand that will merge into FB and disappear within a few years. Either way, if FB shares drop its an expensive mistake and they will be seeking to monetise it asap once the instuitional shareholders start making noises. 

Signs of a bubble again in the tech industry with the mobile app market overvaluing companies. Cue the makers of Candy Crush saga not learning from Zynga's mistakes and doing an IPO.