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Facebook to plan on buying WhatsApp

  • Looks like Facebook is impressed with WhatsApp considering that the company recently announced that it plans to buy the message network for up to $19B. 

    WhatsApp has 450M users and the deal proves that Facebook doesn't mind paying "huge sums to acquire rival apps that gain sway with customers," the Wall Street Journal noted.

    Reports suggest that WhatsApp will continue to operate independently. 

     

    Tagged as: facebook to buy whatsapp, whatsapp customers, facebook acquisitions, money news, business news