Techmeme
February 19, 2014, 8:20 PM

Top News

Facebook:
Facebook to acquire WhatsApp for $4B cash, $12B in Facebook shares, and $3B in restricted stock units  —  Facebook to Acquire WhatsApp  —  Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company …
Jan Koum / WhatsApp Blog:
WhatsApp says it will remain autonomous and nothing will change for users  —  Facebook  —  Almost five years ago we started WhatsApp with a simple mission: building a cool product used globally by everybody.  Nothing else mattered to us.  —  Today we are announcing a partnership …
Jim Goetz / Sequoia Capital:
WhatsApp in numbers: 450M active users, 32 engineers, $0 in marketing, and only $1/year to use  —  Four Numbers That Explain Why Facebook Acquired WhatsApp  —  WhatsApp Co-Founders Jan Koum and Brian Acton  —  Earlier today, Facebook announced its acquisition of WhatsApp for $16 billion.
TechCrunch:
Why Facebook Dropped $19B On Whatsapp: Reach Into Europe, Emerging Markets  —  With 450 million monthly users and a million more signing up each day, WhatsApp was just too far ahead in the international mobile messaging race for Facebook Messenger to catch up as you can see in the 2013 chart above.
Zoran Basich / Venture Capital Dispatch:
Facebook's $19 Billion WhatsApp Acquisition Is Largest Ever for Venture-Backed Company  —  Facebook's acquisition of mobile-messaging company WhatsApp for about $19 billion is the largest deal ever for a venture-capital-backed startup. … The deal tops US West Media's acquisition …
Nicholas Carlson / Business Insider:
Zuckerberg reached out to Koum in 2012, and proposed the deal at dinner at his home this February  —  The Inside Story Of How Facebook Bought WhatsApp For $19 Billion  —  Today Facebook announced that it acquired WhatsApp for $19 billion.  —  It was a deal two years in the making, according to a source close to the situation.
Jeff John Roberts / Gigaom:
Wheeler unveils new proposed rules for network neutrality, will try to stop “improper blocking”  —  The FCC announced its response to an explosive court decision that ended “net neutrality” last month: it will not appeal the decision, but scramble to impose new rules.
Jon Brodkin / Ars Technica:
Google Fiber chooses nine metro areas for possible expansion  —  Google Fiber is ready to expand, as Google has identified nine metro areas scattered around the country as possible sites of deployment, the company said.  —  “We've invited 34 cities in nine metro areas across the US to work …
Bloomberg:
Google Capital Lands $300 Million and Leaps Into Web Education  —  Google Inc. (GOOG)'s new investment arm has $300 million in fresh capital to put to work this year and is starting the dealmaking with its first foray into Web education.  —  Google Capital, established by the search company …
Josh Lowensohn / The Verge:
Google I/O is back June 25-26 and you'll need to win a lottery to attend  —  Google just announced dates for its annual I/O developers conference, an event that has typically brought new products and updates to other services.  This year's conference will be held from June 25-26 …
Nathan Ingraham / The Verge:
BlackBerry's CEO is ‘outraged’ by T-Mobile's attempts to convert its customers to the iPhone  —  BlackBerry's new CEO John Chen is taking issue with what appears to be a fairly innocent T-Mobile promotion.  Last week, T-Mobile sent out an email to some customers currently using …
Leena Rao / TechCrunch:
eBay Acquires PhiSix To Integrate 3-D Virtual Try On Technology Across The Marketplace And More  —  It looks like 3-D virtual try-on technology will soon make an appearance on eBay.  The marketplace giant is announcing the acquisition of PhiSix, a company that develops 3-D visualization and simulation technologies for clothing.
Frederic Lardinois / TechCrunch:
Google Starts Making The New Google Maps The Default For Everybody  —  After just under a year in preview, Google today announced that it is now rolling out the new Google Maps to all of its users as the default option.  —  Since Google announced the new version of Maps at its I/O developer conference …
Nathaniel Popper / DealBook:
Winklevoss brothers launch new Bitcoin price index called Winkdex as their Bitcoin Trust moves closer to regulatory approval  —  Before a Bitcoin Fund Comes a Price Index  —  Stock traders have the S.&P. 500.  Bitcoin bettors will have the Winkdex.  —  The new financial index takes …
More: Gigaom and GawkerTweets: @kashhill
Eileen Yu / ZDNet:
Xiaomi kicks off global expansion with Singapore launch  —  Summary: Chinese smartphone darling, Xiaomi, has kicked off its global expansion plans in Singapore where its Android devices will go on sale this Friday, marking the company's first foray into markets outside of Greater China.

Sponsor Posts

Microsoft:
FansChoice.tv and Ooyala choose Microsoft to help them deliver content to anyone, on any device  —  On Monday at the 2014 NAB Show exhibition, Microsoft is showing the latest technology innovations for the broadcast media industry.
Atlassian:
Every team needs kick-ass code reviews  —  Code reviews help spread knowledge and coding best practices throughout a team.  In this article we'll take a look at why code reviews are important, and how to optimize the practice.
Zoho Blogs:
Zoho CRM - Discontinuing Integration with LinkedIn  —  Back in 2011, to help our customers focus more on selling and less CRMing, we started offering integration with LinkedIn along with various other important features.
Silicon Valley Bank:
Strengthening the U.S. Innovation Economy by Ending Abusive Patent Litigation  —  In Silicon Valley Bank's Innovation Economy Outlook 2014 survey, we asked executives what they see in today's patent system …
 

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