Facebook buying WhatsApp for US$19B

Rappler.com

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Screen shot from Whatsapp video

Facebook said Wednesday, February 19, it was buying the fast-growing mobile messaging service WhatsApp in a deal worth an eye-popping $19 billion, expanding the global footprint of the social networking giant. The mega-deal bolsters the world’s biggest social network – which has more than 1.2 billion members – with the 450-million-strong WhatsApp, which will be operated independently with its own board.

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