Facebook To Buy WhatsApp
Facebook has announced an agreement to buy WhatsApp, the mobile messaging platform used by over 450 million people. The deal involves $4 billion in cash and an additional $12 billion in Facebook stock. They say WhatsApp will remain independent; its headquarters won't move, and it will continue to exist separately from Facebook's Messenger app. Mark Zuckerberg indicated they will focus on growth: 'Over the next few years, we're going to work hard to help WhatsApp grow and connect the whole world. We also expect that WhatsApp will add to our efforts for Internet.org, our partnership to make basic internet services affordable for everyone.' On WhatsApp's blog, they say, "Here’s what will change for you, our users: nothing. WhatsApp will remain autonomous and operate independently."
We also expect that WhatsApp will add to our efforts for Internet.org, our partnership to make basic internet services affordable for everyone
Yet another attempt to control the Internet.
They're coming. And they will not stop until they own it or destroy it.
The Internet is humanity's last chance, boys and girls. We lose it and we're looking at 1000 years of darkness.
No, $16B ($4B, really, who's counting fb stock?) for:
( plus underlying tech, as simple as it is )
And this promise that nothing's going to change? Laughable. If nothing else it will receive facebook branding (subtle, such as color changes) pretty quickly, and the only reason to build it out further is so that they can reap even further benefits (read: more users) over to facebook at a later point.
Remember where the scores on pinball machines were sane then one day I saw the ST TNG pinball and the score was like in the millions. Was like WTF? The pricing on some of these virtual companies is the same.
by TheSpoom (715771) Uncaring Linux user here. I have nothing to add to this but please continue. *munches popcorn*
... UNINSTALL! I refuse to have a Facebook account and if Whatsapp starts making it mandatory to have one, then I'll go back to plain old SMS.
I read the web site, and I still don't understand what this web site is all about. Is it really just yet another messaging platform designed to get around SMS messaging charges? Am I missing something obvious?
1. There are tons and tons of ways to send messages to people last I checked. Why is this one worth "$16B"?
2. Who still pays for SMS messages? I've had unlimited texting plans for the better part of a decade, and they're cheaper than most people's cable TV bills. Are text messages significantly expensive outside of the US?
I don't respond to AC's.
nah, seems more like they are throwing cash at every company that mimics in a superior manner any piece of fb people used to use. Chat and images are the big two,
the problem is, any new company can come along and start the same service, at which point fb will have to buy them as well. this was the story with instagram, they then tried to buy snapchat, and now bought whatsapp.
You've never heard of it? Are you still using your carrier's txt plan? Lolz
Why wouldn't I? I can text anyone anywhere in the world for free, and I don't have to worry about whether we're using the same service and if they actually still check that service or blah blah blah. And services like WhatsApp are tied to phone numbers anyways, so WhatsApp users are just a subset of people with numbers I could text to.
I remember sigs. Oh, a simpler time!
$19,000,000,000 for an app that does not make money and has 32 employees. IMHO it shows that Facebook is slowly panicking.
Religous speak to God. Insane are spoken to by God. When all shut up, one can finally hear Shostakovich in peace
So this is how you make big bucks on the internet nowadays:
1. Launch a service that does something people really want without any of the annoyances of other similar services (ads, privacy intrusions,...) and without trying to make much money. Maybe even lose money, who cares.
2. Get lots of users who appreciate the fact that somebody is finally catering to their needs without constantly trying to milk them for information or bombard them with ads.
3. Sell to some big company like FaceBook for billions of dollars, which then proceeds to add the usual annoyances like ads and privacy intrusions after having promised not to do so.
4. Goto 1.
Rude awakening, you say? I bet they're just yelling "Profit!"