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October 3, 2014

EU OKs Facebook’s $19B WhatsApp Acquisition, Clearing The Last Antitrust Hurdle

facebook-whatsapp-screen This just coming in: the EU has approved Facebook’s $19 billion acquisition of WhatsApp — deciding that the two are “not close competitors”. WhatsApp today has 600 million users, while Facebook has 1.3 billion, with 300 million using its Facebook Messenger product. This marks closure for the last big regulatory hurdle that the social network needed to pass before… Read More

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