Tag Archives: Messaging Apps

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Facebook’s Takeover of WhatsApp: What It Means for App Makers Thinking of Making Messaging Apps

Facebook - WhatsApp

Facebook has recently acquired messaging app WhatsApp for $19 billion dollars, $16 billion in cash and stock and $3 billion for its fifty-five employees. Developed almost entirely in Russia by two former engineers from Yahoo! the 450 million strong user base pays only $0.99 yearly for the service provided. While Facebook earns billions of dollars in revenue and profits each ... Read More »

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