OK … now to find an alternative to WhatsApp ….

Facebook buying WhatsApp for $16bn, in cash and stock

Wall Street Journal reporting the deal is actually worth $19bn:

  • Under the terms of the deal, disclosed in a Securities and Exchange Commission filing, Facebook would acquire all outstanding stock and options in WhatsApp for about 183.9 million Facebook shares, valued at about $12 billion.
  • The deal also includes $4 billion in cash and an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees.

Should be developing apps … takes a long time to make $16bn in FX