|
How Google Blew Its Chance To Buy WhatsApp APOops.Google CEO Larry Page blew his chance to buy WhatsApp. Page was willing to pay more than the $19 billion Facebook paid for WhatsApp, according to a new report from Amir Efrati and Jessica Lessin at The Information. But WhatsApp's founders turned down Google because they believed the only reason Page was bidding on WhatsApp was to keep it out of Facebook's hands. Efrati and Lessin say that days before WhatsApp closed its deal with Facebook, Page made a pitch: Come to Google. You'll be able to keep the company independent. You're a threat to Facebook. That pitch wasn't good enough. WhatsApp decided to go with Facebook. When Page heard that WhatsApp wasn't interested, he started talking to WhatsApp investor Sequoia. He made it clear that he would outbid Facebook. It was all for naught. The WhatsApp guys went to Facebook. They thought that Facebook had a better grasp on what they were doing. And, apparently, they felt Page was only interested in WhatsApp as a way to hurt Facebook. For what it's worth, a source at Google told Efrati and Lessin that WhatsApp misunderstood Page. Page was merely encouraging WhatsApp to remain independent. If you have any concerns regarding where and how you can utilize [ANCHOR_COMES_HERE], you could call us at our web site. Apple just announced a slew of new features for iOS, including video, audio, and location tagging for iMessage and the ability to name (and leave!) group chats. WhatsApp CEO Jan Koum isn't too happy about the new additions: Twitter / Jan Koum His point is that Apple just added features for iMessage that WhatsApp users have had for a long time. WhatsApp users could always record media, like audio or video, and share location data easily through messages. The fact that Apple has put a huge emphasis on improving iMessage is very telling of the growing power of messaging apps like WhatsApp - which Facebook bought earlier this year for $19 billion - Snapchat, Facebook Messenger, Line, and Kik. WhatsApp currently has more than 500 million users; Facebook's Messenger app has more than 200 million monthly users; Snapchat has around 70 million monthly users. It makes sense that Apple would want to integrate features from those popular apps into its own in-house messaging system. After all, Apple wants all iPhone owners to use iMessage, instead of downloading and using other apps. SEE ALSO: LIVE: Apple's Major Developer Conference, WWDC Facebook just disclosed the financial performance of WhatsApp, the messaging app it acquired in a deal that was ultimately valued at $22 billion. The numbers are unimpressive. Revenue was $10.2 million 2013. It had a net loss of $138 million in 2013. The bulk of that loss, or $98.8 million, came from stock based expenses. It burned $9.9 million in cash for operating activities in 2013. These numbers are irrelevant, so there's no reason to freak out about it. Facebook didn't buy the company for its revenue. WhatsApp had only started to monetize its user base. Facebook bought WhatsApp for its 600 million active users. Facebook has a not-so-crazy belief that an application on its way to a billion users can develop into a business worth more than $22 billion in the long run. Here are the numbers, anyway. Revenue: Screenshot/Facebook Statement of cash flowScreenshot/Facebook How Facebook valued the company. Lots of goodwill.Screenshot/Facebook ZUCKERBERG: We Have No Plan To Make Money From $22 Billion WhatsApp Anytime Soon Thomson ReutersFacebook CEO Mark Zuckerberg at the annual Allen and Co. conference at the Sun Valley.Facebook Inc., which closed its acquisition of the mobile messaging service WhatsApp on Monday, has no near-term plan to make money from the service, chief executive Mark Zuckerberg said Thursday. Zuckerberg, who is visiting India to participate in an event to boost Internet usage, did not give details. Facebook's final WhatsApp acquisition price tag has risen an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months. WhatsApp works across different types of phones, across borders, and without advertising. The app charges only a 99 cent annual subscription fee, which is waived for the first year. (Editing by Miral Fahmy) More from Reuters: Venezuela Moves Opposition Ex-mayor From Jail To Home Arrest Islamic State Targeted In 29 Airstrikes In Syria, Iraq: Joint Task Force Somali PM Given Two More Weeks To Form Cabinet, Extending Drift Channel Tunnel Traffic Halted After Smoke Detected China's Xi Congratulates New Chairman Of Taiwan's Ruling Party Facebook WhatsApp Acquisition Official Price Is $22 Billion ReutersAn illustration photo shows a man holding a smart phone with a Facebook logo as its screen wallpaper in front of a WhatsApp messenger logo, in Zenica February 20, 2014.SAN FRANCISCO (Reuters) - Facebook Inc closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months. WhatsApp founder Jan Koum will receive nearly $2 billion in stock, vesting over a four-year period, as an inducement for him to stay with the company, according to a regulatory filing on Monday. The acquisition, which Facebook announced in February and recently received regulatory approval in Europe, underscores the sky-rocketing values of fast-growing Internet startups, and the willingness of established players such as Facebook and Google to pay out for them. WhatsApp, which has more than 600 million monthly users, is among a new crop of mobile messaging and social media apps that have become increasingly popular among younger users. Snapchat, a privately owned mobile app that allows users to swap photos that can disappear after a few seconds, is raising money at a $10 billion valuation, according to media reports. Facebook paid $4.59 billion in cash and 178 million shares of its stock for WhatsApp, as well 46 million of grants in restricted stock units for WhatsApp employees that will vest over a four year period. At Monday's opening Facebook share price of $77.17, the deal translates to roughly $21.8 billion. Koum, who will serve as WhatsApp Chief Executive and become a Facebook director, will earn a $1 annual salary, similar to Facebook Chief Executive Officer Mark Zuckerberg. Koum will receive 24.9 million Facebook restricted stock units, worth roughly $1.9 billion at Monday's share price. WhatsApp, which has more than 70 employees, will continue to be based at its Mountain View, California, location. (Reporting by Alexei Oreskovic. Editing by Andre Grenon) More from Reuters: Venezuela Moves Opposition Ex-mayor From Jail To Home Arrest Islamic State Targeted In 29 Airstrikes In Syria, Iraq: Joint Task Force Somali PM Given Two More Weeks To Form Cabinet, Extending Drift Channel Tunnel Traffic Halted After Smoke Detected China's Xi Congratulates New Chairman Of Taiwan's Ruling Party When you have virtually any concerns about exactly where along with tips on how to work with computer 2015 http://www.egydown2day.net/2014/11/Download-Arabic-watsabplus-computer-2015.html you can e mail us with our own web site.
Related Articles -
google, whatsapp, 2015,
| 
