Google is not buying out WhatsApp for $1 billion

0
By Staff /  09 Apr 2013 , 12:05

WhatsApp has denied swirling media rumours that it was in talks with Google for a $1 billion buyout.

The report first appeared inDigitalTrends,which quoted inside sources as saying,”WhatsApp is in the negotiating phase over prices with Google. The report states that the deal started four or five weeks ago and adds thatWhatsApp is “playing hardball” and jockeying for a higher acquisition price, which currently is “close to” $1 billion right now.

WhatsApp image from Google Play
WhatsApp image from Google Play

HoweverNeeraj Arora, WhatsApp’sbusiness development head, denied the reports in an interview withAllThingsDigital.

The report merely stated that Arora had denied the report, adding that he haddeclined to comment further.

Previously TechCrunchhad reported that Facebook wanted to buy Whatsapp. The report had quoted sources close to the matter.

However, in a statement toVentureBeat,WhatsApp had denied any such deal taking placed andthe company’s business head Neeraj Arora said, “The TechCrunch article is a rumor and not factually accurate. We have no further information to share at the moment.”

Whatsapp has been one of the biggest success stories as far as messaging apps are concerned. At the end of October 2011,the messaging service hadannounced that they now saw over 1 billion messages being sent in a single day.

It was also recently rated the most downloaded Android app in India.

Whatsappblogpostsees nearlyThat is 41,666,667 messages an hour, 694,444 messages a minute, and 11,574 messages a second.. These are pretty big numbers as far as Google concerned.

In its current form, WhatsApp has no advertising. According toWhatApp’s blogpost, the reason that there is no advertising is,

Remember, when advertising is involvedyou the userare the product.

At WhatsApp, our engineers spend all their time fixing bugs, adding new features and ironing out all the little intricacies in our task of bringing rich, affordable, reliable messaging to every phone in the world. That’s our product and that’s our passion. Your dataisn’t even in the picture. We are simply not interested in any of it.


Tags: , , , ,

Recommended For You

Subscribe to our newsletter GO
FOLLOW US ON

CAMERA Reviews

SMARTPHONE Reviews