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WhatsApp Gives BlackBerry a Bounce

2014-02-20 18:43:13| TechNewsWorld

Facebook's $19 billion purchase of mobile-messaging service WhatsApp appears to have buoyed the value of BlackBerry Messenger -- and by extension, BlackBerry. BlackBerry shares went up nearly 10 percent in after-hours trading because, in the words of Reuters, Facebook's purchase "put a rough valuation metric around the smartphone maker's own BlackBerry Messaging service," also known as "BBM."

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