Tag Archives: whatsapp

Wall Street sees sense in Facebooks $19 billion WhatsApp buy

Wall Street sees sense in Facebooks $19 billion WhatsApp buy


Facebook Inc’s purchase of fast-growing messaging startup WhatsApp for an eye-popping $19 billion largely won approval from analysts, who said the deal made strategic sense as it will solidify the social network’s position as a leader in mobile.

Facebook shares closed up 2.3 percent at $69.63 after falling as much as 3 percent in early trading as investors got over the initial sticker shock of the deal value.

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Ukrainian roots shine through at WhatsApp

SAN FRANCISCO — WhatsApp grew up in Silicon Valley, but its founder’s background in Eastern Europe gave it its DNA.

The messaging company bought by Facebook for $19 billion in a deal announced on Wednesday has become a global force, with 450 million customers who find it an easy way to send messages across borders and between different brands of mobile devices.

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BlackBerry shares set to jump on Facebooks WhatsApp bid

BlackBerry shares set to jump on Facebooks WhatsApp bid

TORONTO — Facebook Inc’s $19 billion bid for fast-growing mobile-messaging startup WhatsApp sent shares of BlackBerry Ltd higher before the opening bell on Thursday as investors placed bets that the smartphone maker’s own messaging platform has been undervalued.

BlackBerry shares were up as much as 9 percent in trading after the bell on Wednesday as the deal boosts valuation metrics around the company’s own BlackBerry Messaging service.

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Wall Street sees sense in Facebooks $19 billion WhatsApp buy

Wall Street sees sense in Facebooks $19 billion WhatsApp buy


Facebook Inc’s purchase of fast-growing messaging startup WhatsApp for an eye-popping $19 billion largely won approval from analysts, who said the deal made strategic sense as it will solidify the social network’s position as a leader in mobile.

Facebook shares closed up 2.3 percent at $69.63 after falling as much as 3 percent in early trading as investors got over the initial sticker shock of the deal value.

Read more »