WhatsApp Reportedly Snubbed $10B Offer from Google Before $19B Facebook Buyout

You may have been shocked to hear that Facebook payed a whopping $19 billion to acquire mobile messaging service WhatsApp. But did you know that WhatsApp previously spurred a $10 billion offer from Google? Beyond the additional cash and stock options provided by Facebook, WhatsApp cofounder Jan Koum was also given a seat on the… Continue reading WhatsApp Reportedly Snubbed $10B Offer from Google Before $19B Facebook Buyout

Why Facebook Is Paying over $19 Billion for Messaging Service WhatsApp

Facebook announced some startling news yesterday: that it is acquiring global messaging app WhatsApp for a staggering $19 billion. The deal includes $4 billion in cash, about $12 billion worth of Facebook shares and about $3 billion in vested stock units to be distributed to WhatsApp employees over four years after the deal closes. Even… Continue reading Why Facebook Is Paying over $19 Billion for Messaging Service WhatsApp