User:Dkmarshall/Wikinews shorts: February 19, 2014

February 14, 2012 Wikinews Shorts expand

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announced Wednesday evening a purposed plan to purchase for US$16 billion. Facebook plan is to pay US$12 billion in stocks and US$4 billion in cash. All parties are still waiting regulatory approval. The deal could potentially be worth $19 billion with US$3 billion more being offered to employees. Employees who remained at Facebook for four years would be offered restricted stock.

WhatsApp has over 450 million world-wide active users, with about 70 percent of those users being active daily. WhatsApp adds about one million new users per day. WhatsApp is a messaging service where users can send text, picture and video messages using their data plans, instead of their messaging plan. WhatsApp is free to download. Its services are free for the first 12 months and costs US 99 cents annually after the first year. Facebook founder said the app will not change for users.

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