Facebook to buy WhatsApp Messaging Service for $16 Billion.


Facebook’s continued world domination continues.  One day it will just be between Facebook, Apple and Google.  Who do you think is going to win?

(Reuters) – Social networking company Facebook Inc said it would buy mobile messaging company WhatsApp for about $16 billion in cash and stock.

Facebook said it would pay $4 billion in cash and about $12 billion in stock.

Facebook said WhatsApp co-founder and Chief Executive Jan Koum would join Facebook’s board.


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