WhatsApp users should ditch the instant messaging service else face privacy issues and potentially seeing new owner Facebook monetize them in intrusive ways, Germany's data protection commissioner has warned, with the country renewing its anti-Facebook stance amid the $19bn acquisition. Both Facebook and WhatsApp "refuse to comply with European and German data protection regulations" Thilo Weichert, of Germany's data privacy watchdog ULD, said of the deal. "Even the NSA access to communications data is facilitated by the purchase."
Facebook's acquisition of WhatsApp has perhaps surprisingly given ailing BlackBerry a boost, as the Canadian company's share price jumped amid speculation that messaging service BBM could be worth more than previously believed. The Canadian firm's share price is up more than 5-percent today - and was up more than 9-percent in after-hours trading yesterday - as investors question whether BBM might be the undervalued star of BlackBerry's portfolio of services.
This morning one of the stories you’ll see trampled by bits of information like Facebook’s buy of WhatsApp and the new Xbox One remote is the fact that the FCC isn’t giving up on Net Neutrality. The solidification of the idea that all web traffic should be created equally - that’s what’s being fought over. The FCC is writing up some ground rules right now that you really, really should be aware of.
Facebook's $19bn offer for WhatsApp was one of a number of big-figure acquisition attempts, with Google reportedly offering $10bn for the messaging service. Facebook's deal - which sees WhatsApp valued at $2bn more than NASA's 2014 budget - was one of a number of possibilities, it's reported, which WhatsApp had to consider.
This afternoon Facebook announced that they’d be acquiring the whole of the app ecosystem called WhatsApp for a cool $19 billion USD. This purchase price includes $4 billion in cash, Facebook shares worth $12 billion, and a cool $3 billion in restricted stock units (RSUs) that will go to both WhatsApp’s founders and employees - these stock units will vest over four years once this deal is closed. Meanwhile YouTube personality Marques Brownlee made note of a very interesting realization soon after the Facebook announcement was made - NASA’s entire budget for 2014 is less than $18 billion.
According to a regulatory filing that has just surfaced over at the SEC's website and an official statement from the social network, Facebook is acquiring the popular messaging service WhatsApp for $4 billion in cash, $12 billion in shares, as well as $3 billion in restricted stock units that will go to WhatsApp's founders and employees.
WhatsApp is a cross-platform messaging service that has been around for a while. In June of 2013, the WhatsApp service hit a record with a daily average of 27 billion messages sent and received. With 2014 now here, WhatsApp has hit another record and has grown significantly since last summer.
WhatsApp is like the little engine that could, taking a simple idea and running with it for years, something that has earned it millions of users and quite a bit of notoriety. As of today, all of those users, whether on iOS or Android or Windows Phone or something else entirely, will gain a new feature: push-to-talk voice messaging.
WhatsApp is arguably one of the most popular messaging apps today, but its $0.99 price tag on iOS was a bit disappointing considering that every other platform had the app for free. However, the makers of WhatsApp are moving iOS over to the subscription model of other platforms, charging users only $1 per year to use the service.