Social Media Newsfeed: Facebook Acquires WhatsApp | LinkedIn Publishing
Facebook acquires WhatsApp for $16 billion in cash and shares. LinkedIn allows all members to publish. These stories, and more, in today's Morning Social Media Newsfeed.
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Facebook’s Latest Acquisition? That’s WhatsApp! (AllFacebook)
After its unsuccessful bid for photo-messaging application Snapchat last November, reportedly valued at more than $3 billion, Facebook opened up the vaults and announced its acquisition of cross-platform mobile messaging company WhatsApp for $4 billion in cash and some $12 billion in Facebook shares, also announcing that WhatsApp co-founder and CEO Jan Koum will join Facebook’s board of directors.
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