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Facebook to Buy WhatsApp for 16 Billion

posted by Dopefish on Thursday February 20 2014, @09:00AM   Printer-friendly
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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  • (Score: 2, Informative) by Zwerg_Sense on Thursday February 20 2014, @02:37PM

    by Zwerg_Sense (927) on Thursday February 20 2014, @02:37PM (#3457)

    https://threema.ch/ [threema.ch]

    could be an alternative:
    - forward secrecy
    - does not store contact lists on the server, apparently only cashes hashes of your contacts for a period.

    Business model? unknown
    Source code? unavailable

    Starting Score:    1  point
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Total Score:   2  

  • (Score: 1) by linsane on Thursday February 20 2014, @04:12PM

    by linsane (633) on Thursday February 20 2014, @04:12PM (#3541)

    surely Facebook 'cashes' while Threema 'caches'