Facebook Continues To Dominate

Whatsapp

WhatsApp Messenger is a cross-platform mobile messaging app which allows you to exchange messages without having to pay for SMS. WhatsApp Messenger is available for iPhone, BlackBerry, Android, Windows Phone and Nokia and yes, those phones can all message each other! Because WhatsApp Messenger uses the same internet data plan that you use for email and web browsing, there is no cost to message and stay in touch with your friends. (Whatsapp)

According to OnDevice Research WhatsApp is the most popular messaging app for smartphones. images-10

Facebook buys whatsapp for 19Billion

Facebook continues to dominate not only the web but now online messaging app Whatsapp.

CEO of Facebook mark Zuckerburg has apparently said that he does not plan on trying to grow Whatsapp revenue but instead he wants to focus on growth. It’s possible that purchasing Whatsapp could add value to Facebooks current messaging app.

According to CNN WhatsApp will function as an autonomous unit within Facebook, with all the existing employees coming in as part of the deal and Facebook  said it will pay WhatsApp $4 billion in cash and $12 billion in stock. WhatsApp’s founders and staff will be eligible for for another $3 billion in stock grants to be paid out if they remain employed by Facebook for four years. Koum will also join Facebook’s board of directors.

 

Jillian O’Toole

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