Google Offered $10B for WhatsApp Before Facebook Swooped In
February 20, 2014 9:22 AM
comment(s) - last by
Google's offer lacked the board seat Facebook gave up
Yesterday we mentioned that
Facebook had plunked down a huge amount of cash
to buy the WhatsApp messenger service. The purchase cost Facebook a whopping $16 billion in cash and stock.
A new report from Fortune claims that Facebook wasn’t the only major tech firm sniffing around WhatsApp. Google also reportedly made an offer to buy the company for $10 billion.
Google's offer was not only significantly less than the one made by Facebook, but the Google offer also reportedly didn’t come with a seat on the board as Facebook's did.
Many of our readers have commented that
they are flabbergasted
as to why such a simple app would be worth so much money to Facebook and the reasons are quite simple. The service has 450 million active users and is gaining one million new users each day. Many companies would kill for the information that can be skimmed from those users.
As Facebook CEO Mark Zuckerberg said in a conference call following the announcement, "WhatsApp is the only app we’ve ever seen with higher engagement than Facebook itself."
This article is over a month old, voting and posting comments is disabled
RE: I think I see what happened
2/20/2014 11:16:17 AM
I had a mind to do the same actually. While I was reading it my whatsapp groups were still buzzing my phone.. I will gradually build up the courage to delete it. It is one of best functioning social apps on windows phone though next to wechat.
RE: I think I see what happened
2/20/2014 5:49:27 PM
Give Kakaotalk a shot. It also supports free messaging, picture and video sharing, voice messaging. But it also has VoIP (internet phone calls with other members), group chat, group (conference) calls, push to talk.
Google Hangouts actually has most of these features too. Kinda makes me wish these companies would stop trying to become the gatekeeper (a la Skype) and just write compatibility layers so you could interconnect their different environments. That's what happened in the 1980s when ARPANet, Bitnet, etc. decided to allow data transfer between each other leading to the Internet as we know it today.
"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs
WhatsApp-ening?? Facebook Purchases WhatsApp Messaging Service for $16B
February 19, 2014, 5:47 PM
Monica Lewinsky Speaks Out, Calls Herself "Patient-Zero" for Internet Cyberbullying
October 21, 2014, 2:25 PM
Google Fiber Finally Heading to Austin, Texas in December
October 16, 2014, 11:48 AM
Dropbox Flexes Security Muscle, Appears to Have Squashed Password Breach
October 15, 2014, 12:12 PM
U2’s Bono Apologizes for Forced “Songs of Innocence” Album Downloads
October 15, 2014, 7:55 AM
Google Launches "Same-day Delivery" Subscription Service for $95/year
October 14, 2014, 10:37 AM
Netflix 4K Content to Cost Subscribers Extra $3/Month
October 13, 2014, 8:01 AM
Most Popular Articles
Cool Science Video of the Day: Carnivorous Leech Eats Giant Jungle Worm
October 16, 2014, 6:44 PM
Chinese Government Declares Digital War Against America's Top Tech Firms
October 20, 2014, 12:07 PM
PS4 "Masamune" Update 2.0 Will Bring New Music and Customization Features
October 17, 2014, 1:05 PM
HBO, CBS Lead Charge to Ditch Cable
October 16, 2014, 4:40 PM
Update: Motorola Droid Turbo Coming Oct 28, 48-hour Battery Life Confirmed
October 19, 2014, 9:19 PM
Latest Blog Posts
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information