
Newspeak According to news reports, social networking giant Facebook buys the famous WhatsApp messenger for an amount of $19 billion in cash and stock which includes retention bonuses as well. A base amount of $16 billion is paid in cash and an additional $3 billion in terms of Facebooks stocks to existing WhatsApp employees, once the deal is closed. The stock prices are based on the current rates and could be more or less later. The decided time frame of closing the deal is till August 19,…