Facebook has announced the buyout of California-based OTT app WhatsApp for $16bn (£9.58bn), including $4bn in cash and a further $12bn in shares in the social network. Facebook says that WhatsApp will ...

Facebook made a breathtaking move yesterday, buying messaging app WhatsApp for $19 billion. Even for Facebook, that's a staggering amount to pay for a company with estimated 2013 revenue of only $ ...

Facebook stunned the tech world this week when it announced that it was paying $16 billion up front along with $3 billion in vested payments to buy WhatsApp, the incredibly popular messaging app ...