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Regional & Global round up: Facebook-Whatsapp details, Bitcoin ATM in the US

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Facebook’s acquisition of Whatsapp for $19 billion

facebook-whatsappThe Facebook acquisition is by far the most significant story this morning and likely for weeks to come. For Facebook to pay for Whatsapp with $19 billion worth of Facebook stocks and cash implies Facebook was really desperate to land this deal and Whatsapp had some real bargaining power. More interesting than the figures is what to expect from Whatsapp moving forward. Although Whataspp says nothing will change, there is increased speculation and uncertainty on whether we will soon be seeing ads on Whatsapp. Will Zimbabwean users finally start paying the annual fee for the popular messaging app?

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Facebook’s $19 Billion WhatsApp Acquisition, Contextualized (Techcrunch)

whatsapp-money1-webThe magnitude of Facebook’s acquisition of Whatsapp has been shocking for most. Tachcrunch has put up a brilliant post contextualizing the scale of the acquisition. This impending acquisition is right there amongst the most valuable tech takeovers in history. For example:

$19 billion is…

  • 4x the market cap of BlackBerry
  • Approximately one-third the market cap of Ford
  • 2.8x the market cap of GroupOn
  • Effectively equal to the market cap of The Gap
  • Slightly more than Sony’s market cap (around 10 percent)
  • Around three-fourths the market cap of Delta
  • 7.5 Mark Cubans
  • Almost precisely one-third of HP’s market cap
  • 2 nuclear submarines
  • 62 percent of Twitter’s market cap
  • 76,000 trips to space on Virgin Galactic
  • Almost 60 percent of Sprint’s market cap
  • 25 Instagram acquisitions

First US Bitcoin ATMs coming this month (Bandwithblog)

bitcoinBitcoin continues to move into mainstream territory. This time, the crypto-currency will be adding some ATMs, first introduced in Canada, to US cities later this month. Plans are also in place to introduce Bitcoin ATMs in Asia. The ATMs cost $19,000 each.

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