Facebook closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.
Facebook, the world's most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry.
Leading social network Facebook will win unconditional EU approval for its $19 billion offer for mobile messaging startup WhatsApp in a deal pitting it against telecoms operators, two people familiar with the matter said.
Only Etisalat and du are licensed to provide telecommunication services in the UAE including VOIP (Voice Over Internet Protocol) services, said the country’s Telecommunications Regulatory Authority (TRA).
The VOIP regulatory
Rumours are rife that WhatsApp could be offering free VoIP (Voice Over Internet Protocol) calls to 600 million users, a report said, while casting doubts whether the service will be allowed in the UAE.
"The leaked images of t
A conservative Iranian court opened a case against instant messaging services WhatsApp and Instagram while also summoning Facebook CEO Mark Zuckerberg over complaints of privacy violation, state news agency Isna reported on Tuesday.
The world's biggest messaging service WhatsApp, which Facebook bought for $19 billion recently, will add voice calls to its product in the second quarter of this year, its chief executive Jan Koum said.
With 450 million users
The world's top deal adviser for nine of the past 10 years, Goldman Sachs Group has been notably absent on 2014's largest mergers and acquisitions, including Facebook's $19 billion deal to purchase mobile messaging service WhatsApp.
WhatsApp, the rapidly expanding mobile messaging app, suffered an outage for more than three hours on Saturday, frustrating users just days after its acquisition by Facebook for $19 billion.
"WhatsApp service has been restore
Facebook CEO Mark Zuckerberg's $19 billion bet in buying WhatsApp may ultimately prove to be a strategic masterstroke: shutting rival Google out of an upstart phenomenon and gaining swathes of users - and their data - in emerging markets.