In a tech business move that everyone is talking about, Facebook’s founder and CEO, Mark Zuckerberg, is set to acquire the free mobile messaging service WhatsApp for a total of $19 Billion.
According to NPR, $16 billion of the purchase comes in cash
and stock. The additional $3 billion is in Facebook stock for the
employees of WhatsApp…all 55 of them. The small team runs this free app
that seems to be hugely popular outside of America, where text messaging
rates can be exorbitantly high.
Read the full article here.
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