After buying Istagram for $1 billion in 2012, Facebook has launched another grand purchased attracted by numbers. Thr over 450 million users of WhatsApp have attracted Facebook to acquire the 5 years old company for a whopping 19 Billion dollars…
Interestingly, it seems wherever you go, Facebook will follow you. With many people unsatisfied with Facebook’s privacy ethics and rumours of its collaboration with NSA and similar organisations, this purchase will probably put some people off and in fact push them to other new Apps like Telegram.
What else will Facebook not buy?
According to CNN;
In a play to dominate messaging on phones and the Web, Facebook has acquired WhatsApp for $19 billion.
That’s a stunning sum for the five-year old company. But WhatsApp has been able to hold its weight against messaging heavyweights like Twitter (TWTR), Google (GOOG, Fortune 500) and Microsoft’s (MSFT, Fortune 500) Skype. WhatsApp has upwards of 450 million users, and it is adding an additional million users every day.
Referring to WhatsApp’s soaring growth, Facebook CEO Mark Zuckerberg said on a conference call, “No one in the history of the world has done anything like that.”