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With $16B WhatsApp deal, Facebook aims for immediacy

2014-02-20 13:56:10| InfoWorld: Top News

When's the last time you replied, promptly, to a message sent through Facebook? Aren't sure? Well Facebook, craving more real-time usage of its service, hopes to change that.On Wednesday the company said it was acquiring WhatsApp, a leading mobile messaging service used by people as an alternative to telecommunications carriers like AT&T and Verizon. Facebook said it was paying $16 billion for the five-year-old buzzy upstart.

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Fake Facebook pages pose dangers

2014-02-20 09:17:19| Airlines - Topix.net

Think twice before clicking on Facebook ads and posts promoting deals and discounts from companies like Walt Disney World and Southwest Airlines.

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Facebook to buy WhatsApp for USD 19 billion

2014-02-20 08:22:00| Telecompaper Headlines

(Telecompaper) Facebook has agreed to buy the mobile messaging app WhatsApp for USD 19 billion. Facebook will pay USD 4 billion in cash and USD 12 billion in Facebook shares, and WhatsApp's founders and employees will also receive USD 3 billion in options on Facebook shares after closing the deal. This will give WhatsApp shareholders and staff in total 7.9 percent of Facebook's outstanding shares. Facebook will keep the WhatsApp brand, and the company's founder Jan Koum will join Facebook's board of directors. Similar to Instagram, WhatsApp will be allowed to operate independently within Facebook, maintaining its headquarters in Mountain View, California. Facebook will also continue to offer its own Messenger app, which will continue as a standalone application. 

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Facebook Buys WhatsApp in $16B Deal

2014-02-20 02:34:41| PC Magazine Software Product Guide

Facebook today confirmed that it will shell out $16 billion for messaging app WhatsApp.

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Facebook acquires WhatsApp for $19bn

2014-02-20 01:00:00| Total Telecom industry news

Mark Zuckerberg justifies huge price tag by talking up OTT messaging service's prospects; but will it be a clash of cultures?

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