WhatsApp Goes Down Following $19 Billion Facebook Buy-Out
Last week Facebook announced that
it is acquiring the messaging company WhatsApp for an approximate total
of $16 billion. Included in the deal is $4 billion in cash, $12 billion
of Facebook shares and an extra $3 billion in restricted stock units
which will be granted to WhatApp’s founders and employees.
In spending so much money you can only imagine Mark Zuckerberg’s
frustration when, on Saturday afternoon WhatsApp went down for over
three hours, leaving its users unable to access the app.
WhatsApp was quick to respond to the issue and announced that it was
suffering from “server issues”. However after the prolonged period of
time users took to Twitter
to vent their frustrations, with some comments saying: “Mark Zuckerberg
please do us a favor. Never buy Twitter,” and, “Thanks Zuckerberg for
re-uniting families tonight!”
This is not the first time that the messaging giant has gone down,
with reports claiming that crashes occur nearly once a month. Yet with
the spotlight shining brightly on the app since the acquisition
announcement, this occurrence has certainly received more press than any
other incident.
WhatsApp currently has over 450 million users, with 70 percent of
these actively using the service every day. In a blog post Facebook
outlined the reasons for the deal, saying that the two companies have a
“shared mission to bring more connectivity and utility to the world by
delivering core internet services efficiently and affordably.”
The announcement also outlined plans to allow WhatsApp to continue to
operate independently whilst retaining the brand. “WhatsApp is on a
path to connect 1 billion people. The services that reach that milestone
are all incredibly valuable,” said Mark Zuckerberg, Facebook founder
and CEO. “I’ve known Jan for a long time and I’m excited to partner with
him and his team to make the world more open and connected.
EnjOy..:)
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