When Facebook announced its intent to acquire cross-platform messaging application WhatsApp in February, questions surfaced on whether WhatsApp and Messenger would remain separate — which they have — or be combined. Facebook co-founder and CEO Mark Zuckerberg discussed how the two apps coexist during the company’s third-quarter earnings call Tuesday.
As a result of the official closing of Facebook’s acquisition of cross-platform messaging application WhatsApp, the first clear picture of WhatsApp’s financial results emerged in the form of a Form 8-K/A filed with the Securities and Exchange Commission by its new parent company Tuesday, and the picture wasn’t a pretty one when it came to net loss.
With Facebook’s $19 billion acquisition of cross-platform messaging application WhatsApp now completed following European Commission approval last week, WhatsApp co-founder and CEO Jan Koum and co-founder and vice president Brian Acton were on the receiving end of financial rewards announced by Facebook Monday.
Confirming last week’s predictions, the European Commission, the central antirust authority of the European Union, approved Facebook’s $19 billion acquisition of cross-platform messaging application WhatsApp, which was originally announced in February.
Despite all of the unhappiness about being forced to use Facebook’s Messenger and security concerns over the permissions required by the application, it remains the most popular messaging app in the U.S., according to a recent report by Parks Associates.
The European Union will announce its unconditional regulatory approval of Facebook’s $19 billion deal to acquire cross-platform messaging application WhatsApp, two sources familiar with the matter told Reuters Thursday.
Facebook’s acquisition of cross-platform messaging application WhatsApp may still be pending, but that hasn’t stopped scammers from using it as bait.
Facebook is testing a new feature in its flagship iOS application that appears to be inspired by similar capabilities in messaging apps such as Snapchat, if not by classic television series Mission: Impossible: Users who are part of the can schedule the deletion of their posts in advance.
Registered developers on Facebook are also finding themselves on the receiving end of the social network’s hard sell of its Messenger applications, as many are seeing emails encouraging them to “enable private sharing with the message dialog.”
The European Commission, the antitrust authority of the European Union, will decide on Facebook’s proposed acquisition of cross-platform messaging service WhatsApp by Oct. 3, and the EC will do so armed with detailed information from questionnaires sent to companies including telecommunications operators, other social-networking sites and Internet-service providers, The Wall Street Journal reported.