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| Credit www.mashable.com |
"WhatsApp is on a path to connect one billion people. The services that reach that milestone are all incredibly valuable," Zuckerberg said.
Facebook acquires mobile messaging company WhatsApp for a whopping $19 billion ($4 billion in cash and around $12 billion in stock).
WhatsApp's CEO and co-founder Jan Koum will be joining the Facebook Board of Directors. WhatsApp messaging service and Facebook messenger will continue to operate as standalone products.
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