Quote:
Originally Posted by DVTimes
Facebook to buy WhatsApp for $19bn
Facebook has bought messaging app WhatsApp in a deal worth a total of $19bn (£11.4bn) in cash and shares.
It is the social networking giant's biggest acquisition to date.
WhatsApp has over 450 million monthly users and is popular with people looking to avoid text messaging charges.
In a statement announcing the deal, Facebook founder Mark Zuckerberg described WhatsApp's services as "incredibly valuable".
WhatsApp allows users to send messages over internet connections, avoiding text messaging fees. The company claims it is currently registering one million new users a day.
It makes money by charging users a subscription fee of $1 per year, although it offers a free model as well.
More: http://www.bbc.co.uk/news/business-26266689 |
I have never even heard of the app. Looks like it is already on my phone.
I also do not know what it does, and from what you posted, it allows people to send Messages over the Internet without Text Fees..
Umm who doesn't have unlimited texting these days? Unlimited anything?
I could see sending to another country maybe.
Only people I know that use wifi are people without a cell plan and No money...
Wonder how many adds they click on and buy, LOL.
Sure, there is prob some other things this app does, I am just going by the post I quoted..