Techmeme
February 20, 2014, 3:05 PM

Top News

Jessi Hempel / Fortune:
Google offered to buy WhatsApp for $10 billion  —  Facebook is buying WhatsApp for $19 billion, but it wasn't the only suitor.  —  My colleague Dan Primack has written a smart post on the numbers that weren't in the press release Facebook (FB) issued announcing it will acquire messaging service WhatsApp.
Parmy Olson / Forbes:
Jan Koum's rag-to-riches tale, which ended with him signing the WhatsApp deal on the door of his former welfare office  —  Exclusive: The Rags-To-Riches Tale Of How Jan Koum Built WhatsApp Into Facebook's New $19 Billion Baby  —  Jan Koum picked a meaningful spot to sign the $19 billion deal …
Benedict Evans:
WhatsApp's acquisition illustrates most of the key trends in consumer tech today  —  Whatsapp and $19bn  —  Facebook just bought WhatsApp, paying $16bn in cash and stock and $3bn in RSUs.  WhatsApp has 450m active users, of which 72% are active every day.  It has just 32 engineers.
Facebook:
Facebook to acquire WhatsApp for $4B cash, $12B in Facebook shares, and $3B in restricted stock units, CEO Koum to join Facebook's Board  —  Facebook to Acquire WhatsApp  —  Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross …
Jim Goetz / Sequoia Capital:
Jan Koum / WhatsApp Blog:
Amanda Lefebvre / Office Blogs:
Office Web Apps rebranded as Office Online at Office.com  —  Introducing Office Online at Office.com  —  Today, you'll notice something new about Office.com and Office Web Apps-now officially called Office Online.  An online version of the Office you know and trust has been available for quite a while …
Tim Culpan / Bloomberg:
HTC to preview Qualcomm-based smartwatch to carriers next week, will not demo publicly  —  HTC Said to Plan Smartwatch Preview Amid Declining Market Share  —  HTC Corp. (2498), the Taiwanese smartphone maker struggling with sliding sales, plans to demonstrate the first of three wearable devices next week …
Devindra Hardawar / VentureBeat:
Online bank Simple acquired by Spain's BBVA for $117M — will focus on international growth  —  Nobody expected this Spanish banking acquisition.  —  Simple, the online bank devoted to offering a more humane alternative to traditional banking, announced today that it's being acquired …
Wall Street Journal:
GrubHub Seamless Files Confidentially for Initial Public Offering  —  IPO Could Launch In First Half Of 2014  —  GrubHub Seamless Inc., the online restaurant menu and takeout-ordering service, has made a confidential filing for an initial public offering, according to people familiar with the matter.
Sarah Perez / TechCrunch:
Acompli Raises $7.3M Series A From Redpoint & Others To Fix Mobile Email  —  Acompli, a company building a mobile email application which functions as an all-in-one productivity app for iPhone, has raised $7.3 million in Series A funding - a sizable investment that points to the scale of the problem the startup is aiming to solve.
Samit Sarkar / Polygon:
Xbox One Media Remote coming in early March for $24.99 (update)  —  The Xbox One Media Remote, a standard-looking remote control for Microsoft's latest gaming console, will be available in all Xbox One markets worldwide in early March, the company announced today.  —  In the U.S., it will retail for $24.99.
Jonathan Shieber / TechCrunch:
Stealthy Security Company Apprity Raises $8 Million  —  The stealthy business security company Apprity, launched by two former Oracle employees, has raised $8 million in its first institutional financing.  —  For its first venture round, Apprity turned to seasoned security technology investors Promod Haque …
Sarah Perez / TechCrunch:
How One Scammer Manipulated Apple's Top Charts To Earn Tens Of Thousands Daily Using A $10 GameSalad Template  —  Something fishy has been going on with Apple's App Store top charts.  No, I'm not talking about “Flappy Bird” (well, maybe that too), but rather how on earth two different developers used …
James Temple / Re/code:
Max Levchin's Glow to let businesses help employees fund fertility treatments  —  Glow Targets Businesses, but Will They Take a Shine to It?  —  Glow, which launched an app last summer designed to help couples conceive, has lined up partnerships with Domo, Eventbrite and Evernote as it attempts to …
Juli Clover / MacRumors:
Tesla CEO Confirms ‘Conversations’ With Apple, Says Any Acquisition ‘Very Unlikely’  —  Following a report earlier this week suggesting Apple had considered purchasing Tesla, Tesla CEO Elon Musk today confirmed in an interview with Bloomberg Television that his company “had conversations” with Apple.

Sponsor Posts

Microsoft:
Changing the world, 1 billion sensors at a time  —  What would you do if you had a billion sensors?  Design students around the world tackled that question at Design Expo.  Take a look at some of the fascinating projects …
Freshdesk:
How to not sound like a robot in your email notifications?  —  Your notifications don't have to be just notifications.  They can be another opportunity to charm your customers and to keep them hooked.  Learn how.
VMware:
The Best Thing for Your Data Center since vSphere  —  It's come to our attention that some folks are less than certain about the differences between vSphere and vSphere with Operations Management.  Let's clear things up:
Zoho:
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Pure Storage:
2014: Pure, EMC, HP, and Violin all Up Their Games  —  The past few months have seen bold announcements from EMC, HP, Violin, and of course Pure Storage, the net result of which is that the market has changed and moved forward appreciably.
 

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