Twitter Is Aghast About What Facebook Paid for WhatsApp
Submitted by Anonymous (not verified) on Thu, 02/20/2014 - 00:22Twitter users' reaction to Facebook agreeing to pay $16 billion for WhatsApp can be summed up in two words: What's that? Compared to the $1 billion CEO Mark Zuckerberg and Co. paid for Instagram—which to an American mindset, is more popular—the total sum (which entails $12 billion in shares) seems beyond the pale to many. But WhatsApp's user base of 450 million is triple that of Instagram and mostly overseas.