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Facebook Buying Messaging Service, 'WhatsApp'

 
Facebook Buying Messaging Service, 'WhatsApp'
Posted February 19th, 2014 @ 3:58pm by KFBK News

Facebook is buying mobile messaging service WhatsApp for up to $19 billion in cash and stock. It's by far the company's largest acquisition. Facebook says it's paying $12 billion in stock and $4 billion in cash for WhatsApp. The world's biggest social networking firm says it's keeping WhatsApp as a separate service. It has more than 450 million monthly active users.

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