Skip to content
Support Us

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Dave Thompson/PA Wire/Press Association Images

Facebook buys WhatsApp message service for $16billion

The deal includes $4 billion in cash and $12 billion in stock.

FACEBOOK HAS  BOUGHT WhatsApp for $16 billion.

Reports this evening say that Facebook is to pay $4 billion in cash and about $12 billion stock, says Reuters.

The aquisition of the fast-growing messaging service WhatsApp will expand the global footprint of the social networking giant.

A Facebook statement said:

The acquisition supports Facebook and WhatsApp’s shared mission to bring more connectivity and utility to the world by delivering core Internet services efficiently and affordably

Meanwhile, TechCrunch says that according to a regulatory filing, a termination fee would cost Facebook $1b in cash and $1b in shares.

- Additional reporting AFP. - © AFP, 2014

Read: Facebook tops list of Dublin office deals. Here’s the full top 10:>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
73 Comments
    Install the app to use these features.
    Mute Motherofdivinejebus
    Favourite Motherofdivinejebus
    Report
    Sep 21st 2016, 2:23 PM

    They should stick Jennifer Anniston beside him for the craic :-)

    311
    Install the app to use these features.
    Mute Goldberg
    Favourite Goldberg
    Report
    Sep 21st 2016, 2:34 PM

    Braxit

    154
    Install the app to use these features.
    Mute Tweety McTweeter
    Favourite Tweety McTweeter
    Report
    Sep 21st 2016, 7:39 PM

    BraxPitt

    16
    Install the app to use these features.
    Mute David Murphy
    Favourite David Murphy
    Report
    Sep 21st 2016, 2:26 PM

    Well, it’s official now I suppose

    88
    Install the app to use these features.
    Mute Do the Bort man
    Favourite Do the Bort man
    Report
    Sep 21st 2016, 2:21 PM

    wow, this really is a show news day

    50
    Install the app to use these features.
    Mute David Dickenson
    Favourite David Dickenson
    Report
    Sep 21st 2016, 2:24 PM

    @Do the Bort man:your show was poor.

    9
    Install the app to use these features.
    Mute Do the Bort man
    Favourite Do the Bort man
    Report
    Sep 21st 2016, 3:34 PM

    @David Dickenson: your comment was bad, and you should feel bad

    9
    Install the app to use these features.
    Mute Margie Murph
    Favourite Margie Murph
    Report
    Sep 21st 2016, 3:13 PM

    Angelina as a waxwork? Could the real thing be any more bloodless. Hard to tell them apart I’d say.

    35
    Install the app to use these features.
    Mute Larry Doyle
    Favourite Larry Doyle
    Report
    Sep 21st 2016, 2:27 PM

    Sure it’d make you hear melt………

    29
    Install the app to use these features.
    Mute Dave Field
    Favourite Dave Field
    Report
    Sep 21st 2016, 3:08 PM

    Cuts a sorry figure…

    15
    Install the app to use these features.
    Mute Drew TheChinaman :)
    Favourite Drew TheChinaman :)
    Report
    Sep 21st 2016, 2:58 PM

    I had sympathy for the collapse of their marriage… until I read those kids names. There is such a thing as karma, Pax would that a boys name, girls name or a brand of washing powder?

    19
    Install the app to use these features.
    Mute Niall O Neill
    Favourite Niall O Neill
    Report
    Sep 21st 2016, 4:22 PM

    Peace, Drew, peace!

    3
    Install the app to use these features.
    Mute Michael O'Toole
    Favourite Michael O'Toole
    Report
    Sep 21st 2016, 4:34 PM

    @Drew TheChinaman :): it means Peace. Not that different from someone naming their daughter Saoirse or something.

    12
    Install the app to use these features.
    Mute Tony Skillington
    Favourite Tony Skillington
    Report
    Sep 21st 2016, 2:17 PM

    No waxing lyrical there then

    19
    Install the app to use these features.
    Mute Jimmy Berg
    Favourite Jimmy Berg
    Report
    Sep 21st 2016, 7:16 PM

    Can’t even shout at the kids, have a beer and smoke a bit of dubby these days. World is gone mad.

    14
    Install the app to use these features.
    Mute karl
    Favourite karl
    Report
    Sep 21st 2016, 3:00 PM

    So she’s single again hmmmm how you doing angelina?

    16
    Install the app to use these features.
    Mute Jimmy Murphy
    Favourite Jimmy Murphy
    Report
    Sep 21st 2016, 7:57 PM

    NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO…………………………………………………………………..

    10
    Install the app to use these features.
    Mute tk0CXKzL
    Favourite tk0CXKzL
    Report
    Sep 21st 2016, 6:07 PM

    People need to get a life.

    8
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds