Facebook is buying WhatsApp messaging service for $16 billion, according to a Form 8K filed with the SEC and subsequent announcements by both Facebook and WhatsApp. Facebook will pay $4 billion in cash and $12 billion in Facebook stock for the messaging company. An additional $3 billion in restricted stock units will be granted to WhatsApp’s founders and employees. These shares will vest over four years after the close of the deal.
WhatsApp users have been patiently waiting for the app’s iOS 7 update to land in the App Store. The wait was worth it as the update landed today and brought with it a host of new changes including an all new design.
While WhatsApp is a very popular messaging app, its look has started to look quite dated, especially after iOS 7 was released. The company had its iOS 7 update ready in early October, but its beta testing seems to be taking very long, as the update hasn’t showed up on the App Store yet.
Today, WhatsApp’s iOS 7 redesign got shown in a German YouTube video.
While WhatsApp is a very popular messaging app, its look has started to look quite dated, especially after iOS 7 was released. The good news is, WhatsApp developers are working on an update that includes the iOS 7 look and feel, as revealed in screenshots shared by a beta tester.
WhatsApp, the popular cross-platform messaging app has started rolling out a new voice messaging feature, that will allow users to send audio messages to their contacts with one tap.
WhatsApp also said it has crossed 300 million monthly active users.
A few months back we had noted that WhatsApp will soon move to a subscription model on iOS to bring it in line with other platforms, where the app itself is free but users have to pay an annual fee. Today, the messaging company has put this into effect by making its iPhone app free.
Digital Trends reports that according to “an inside source” Whatsapp, the company behind the popular cross-platform messaging app, could be Google’s next billion dollar acquisition.
There have been rumors that Facebook has also been in talks to buy the mobile messaging startup.