WOW! USA TODAY: Facebook agrees to buy WhatsApp for $16 billion

From USA TODAY

Facebook agrees to buy WhatsApp for $16 billion

SAN FRANCISCO ā€” In one of the biggest technology deals of the past decade, Facebook agreed to buy WhatsApp for $16 billion to expand in the fast-growing mobile messaging market and pursue its goal of connecting as much of the world’s population as possible over the Internet. Facebook said it will pay $4 billion in cash and $12 billion in stock for WhatsApp, a service that has 450 million monthly users and is adding more than 1 million new users a day. “WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable,” Facebook CEO Mark Zuckerberg said in a statement announcing the deal.

http://usat.ly/1eTnWJb

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