Wednesday 19 February 2014

Facebook buys WhatsApp: Mark Zuckerberg explains why


Facebook founder Mark Zuckerberg has released a statement explaining why his company has paid $19bn for mesaging service WhatsApp. Here is the release in full.

I’m excited to announce that we’ve agreed to acquire WhatsApp and that their entire team will be joining us at Facebook.
Our mission is to make the world more open and connected. We do this by building services that help people share any type of content with any group of people they want. WhatsApp will help us do this by continuing to develop a service that people around the world love to use every day.
WhatsApp is a simple, fast and reliable mobile messaging service that is used by over 450m people on every major mobile platform. More than 1m people sign up for WhatsApp every day and it is on its way to connecting 1bn people. More and more people rely on WhatsApp to communicate with all of their contacts every day.