Monday, October 6, 2014

Facebook is now the official owner of WhatsApp

Facebook is now the official owner of WhatsApp   WhatsApp user? Your favourite chat app is now officially the property of Facebook, which completed its aquisition today.Facebook announced in February that it would be snapping up WhatsApp for a cool $19 billion, and today it officially closed the deal with the SEC, just hours after it was given the go-ahead by the European Commission.That sum has been pushed up to $21.8 billion, but as Recode points out, that's due to Facebook's stock rising over the last few months. Read more >