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posted by
Dopefish
on Thursday February 20 2014, @09:00AM
from the when-will-this-darn-bubble-pop-already? dept.
from the when-will-this-darn-bubble-pop-already? dept.
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."
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Facebook to Buy WhatsApp for 16 Billion
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"A mind is a terrible thing to have leaking out your ears."
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(Score: 2, Insightful) by radu on Thursday February 20 2014, @01:57PM
> Most people here wouldn't care about the thing
> technically already had for free
Not everybody everywhere. In Germany SMS is *very* expensive, ~20-30c for *1 SMS*. Sometimes they throw in some 100 SMS/month free because "they're being nice". Or you can pay something like 10€/month for unlimited SMS.
That's far from free.