Way to flip it, Prez!
Facebook just made a huge, non-Farmville related purchase!
The Social Network just bought WhatsApp, the app that allows users to send unlimited messages without paying phone carrier text messaging fees.
How much was it bought for? Oh, just $19 billion, which breaks down to $4 billion in cash, $12 billion in Facebook stock, and $3 billion in restricted stock that will go the app's founders and employees and will vest over the next 3 years.
You better poke us because we are in disbelief!
Whatsapp sold for 1/10 of the Ukraine's GDP
— ashton kutcher (@aplusk) February 20, 2014
Well, Ashton's sense of perspective is 10/10! He's, of course, referring to the violence that has erupted in Kiev, the capitol in the Ukraine, which has left many protesters dead.
Political asides aside, we're interested to see if WhatsApp will be integrated into Facebook, because as of right it will be run independently!