Facebook snatches up WhatsApp in $19B deal

When we’re talking about Facebook and messaging acquisitions, Snapchat is the name that first comes to mind, following the much-publicized news last fall that Snapchat turned down a $3B offer from the social network. Since then we’ve been wondering in the back of our minds if Facebook might take another stab at buying the company, or at least go after some of its competition. Tonight we get news that Facebook has indeed gone ahead with plans to purchase a smartphone messaging service, but it’s not Snapchat this time around; instead, Facebook has announced an arrangement ...

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