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Facebook buys WhatsApp for $19 Billion

24/02/14 Featured News,Business,Oi
Facebook buys WhatsApp for $19 Billion

Founder Mark Zuckerberg bought WhatsApp for $19bn (£11bn.) By doing this Facebook has access to roughly 450 million people who uses WhatsApp’s services every month, significantly changing one of Facebook's threats into an ally.

Mark Zuckerberg, Facebook’s founder and chief executive, said the two companies would work together “to make the world more open and connected”. “WhatsApp is on a path to connect 1bn people. The services that reach that milestone are all incredibly valuable",

Source - Telegraph

Read more HERE