Techmeme
February 19, 2014, 6:55 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.
Mark Zuckerberg / Facebook:
WhatsApp and Messenger serve different uses, Facebook will continue investing in both  —  I'm excited to announce that we've agreed to acquire WhatsApp and that their entire team will be joining us at Facebook.  —  Our mission is to make the world more open and connected.
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 …
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.
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 …
More: ZDNet, Gigaom and 9to5Google
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 …
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.
Terrence O'Brien / Engadget:
Ubuntu phones arriving in 2014 from Meizu and BQ Readers  —  Canonical is finally poised to enter the mobile market.  After years of teases, promises and demos, the company has locked up the first two manufacturers of Ubuntu phones.  Meizu and BQ Readers will be releasing handsets …

Sponsor Posts

Microsoft:
Queensland Government partners with Microsoft to bring Office 365 to 149,000 government employees  —  Queensland, the second-largest state in Australia, will partner with Microsoft to bring Office 365 …
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:
2 Ways Live Chat Can Enhance Your Customer Service  —  Landing a new customer is 5x more expensive than keeping an existing customer.  How do we keep our customers happy?  By providing outstanding support.
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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