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Weil Advises Facebook as WhatsApp Uses Fenwick: Business of Law

[at Bloomberg] – When Facebook Inc. (FB) sought to acquire messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, the social networking site turned to Weil, Gotshal & Manges LLP for the deal. WhatsApp relied on Fenwick & West LLP, moreView todays social media effects on FBView the latest stocks trending across Twitter. Click […]

WhatsApp Shows How Phone Carriers Lost Out on $33 Billion

[at Bloomberg] – Facebook Inc. (FB) ‘s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge. Free social-messaging applic moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who […]

Why Facebook’s WhatsApp acquisition makes sense

moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who Facebook is hiring next, click here to view […]

What’s WhatsApp? A messages service that spans borders, devices

[Reuters] – What in the world is WhatsApp? The online messaging platform has been catching on for a few years with younger users and international sets of friends, but a much larger audience noticed it on Wednesday, when Facebook Inc said it had agreed t moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to […]

Behind Facebook’s bet-the-company move on WhatsApp

moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who Facebook is hiring next, click here to view […]

For Facebook, It’s Users First and Profits Later

[at New York Times] – The social networking giant’s agreement to buy the messaging start-up WhatsApp for up to $19 billion is risky, but follows a trend in valuing the number of users over revenue. moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who Facebook is hiring next, click here to […]

Why Facebook Bought WhatsApp in a Single Chart

[at The Wall Street Journal] – WhatsApp, which Facebook agreed to acquire for $19 billion Wednesday, isn’t well known in the U.S. But it’s hugely popular in other parts of the world, where it’s used as a substitute for costly text messages…. moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who […]

Facebook mega-deal is brilliant strategy

[AAP] – Facebook’s deal for the red-hot mobile messaging service WhatsApp is a savvy strategic move for the world’s biggest social network, even if the price tag is staggeringly high, analysts say. The deal worth up to $US19 billion ($A21.13 billion) — moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee […]

[video] Did Facebook Need to Buy WhatsApp?

[at Bloomberg] – Feb. 20 (Bloomberg) –- IMO Co-Founder Georges Harik and Tango Co-Founder and CTO Eric Setton discuss Facebook’s purchase of WhatsApp for $19B with Emily Chang on Bloomberg Television’s “Bloomberg West.” … moreView todays social media effects on FBView the latest stocks trending across Twitter. Click to view dashboardSee who Facebook is hiring next, click here to view […]