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Facebook buys WhatsApp for $19bn

Facebook buys WhatsApp for $19bn Facebook Inc. will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world’s largest social network looks for ways to boost its popularity, especially among a younger crowd. The acquisition of the hot messaging service with more than 450 million users around the world stunned many Silicon Valley observers with... 
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Added February 20, 2014
from The Punch News