Facebook buys WhatsApp for $16 Billion

WhatsApp users, here’s news for you.
Social network giant Facebook announced yesterday Wednesday 19th February 2014, its decision to buy popular messaging startup – WhatsApp.
The deal is worth $16 billion – $12 billion worth of Facebook stock and $ 4 billion in cash.

WhatsApp’s Jan Koum signing the Facebook deal on the door of his old welfare office

Like Instagram, the messaging app company will be independent within Facebook. Jan Koum, the co-founder and CEO will also join Facebook’s Board of Directors.
CEO of Facebook Mark Zuckerberg in a statement said; “WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable. I’ve known Jan for a long time and I’m excited to partner with him and his team to make the world more open and connected.”
With over 450 million users every month and 70% active, it is estimated that there will be over 1 Million users monthly.

Comments

20 Forbidden Destinations You Can Never Visit

Due to the increasing use of technology, it feels quite impossible to know that some parts of the planet are still unexplored and covered in mysteries. The lesser you know about these destinations, the more you crave for it. This is exactly the feeling that you will have after reading about these 13 most forbidden places in the world. Read on and be prepared to feel intrigued by the secrets that are impossible to understand. 1. Lascaux Caves, France Source The Lascaux Cave is a treasure trove for archaeologists around the globe. The cave complex contains pre-historic paintings that are 17,300 years old. The series of Paleolithic paintings that looks hauntingly vivid hugs the wall and depict animals like cattle, stags, bison and many more. Sadly, the cave is closed to the general public since 1963. Archaeologists believe that human presence might destroy the ancient work of art. 2. North Sentinel Island, India Source Home to the Sentinelese tribe, the North Sentinel...

Pictures From Tiwa Savage And Teebillz Pre-Wedding Party In Dubai Last Night

End SARS protest: Police deployed to Lekki toll gate [PHOTOS]

The Police have dispatched teams of operatives along the Lekki corridor ahead of Saturday’s End SARS protest at the toll gate. The Rapid Response Squad (RRS) of the Lagos State Police Command confirmed the deployment. “CSP Yinka Egbeyemi is presently leading a team of police officers on a show of force to Lekki Toll Gate (Admiralty Plaza) Obalende, Ikoyi, Jakande Roundabout, and other areas in Eti Osa”, RRS tweeted Friday night. The Police department said this was “part of efforts to deter crime as well as boost the morale of his officers in the areas”. Two opposing camps – #OccupyLekkiTollGate and #DefendLagos – are planning separate protests on Saturday. This commenced after majority of the 9-member Lagos Panel of Inquiry approved the reopening of the toll plaza. The chairman, Justice Doris Okuwobi and four others ruled in favour of another application by the Lekki Concession Company (LCC). Others were DIG Taiwo Lakanu (Police), Lucas Koyejo (National Human Rights Commission), Segun ...

egberikoko

Search This Blog