WhatsApp Buyout Denied

The rumour that the popular chatting application, WhatsApp is in selling talks with the web giant Google has been declined by Neeraj Arora, Business development head, WhatsApp. But according to the last week’s reports of Digital Trends, the two companies have been discussing on this issue for the last four or five weeks and the deal is near to be sealed at $1 billion. While the Business Development Head made it particularly clear that the company is not in negotiation with any of the enterprises, but speculations are still making rounds in the air.

google-whatsapp

The buyout rumour for WhatsApp is not something particularly new. In the last December, Tech Crunch reported that The Company was in talks with Facebook on this matter, which was denied and marked as a story, inaccurate, and rumour by the WhatsApp. Though the reports did not mention the amount of the sell out at that time, but now they seem to be more particular about making the whole stuff fit at the right place.

Founded in the year, 2009, the company provides a messaging application for different platforms that include Android, iOS, Windows Phone, BlackBerry and Symbian. With about 100 million daily users across 250 countries, WhatsApp makes the most popular mobile messaging application in the world that follows a simple way of cross platform messaging. Not only the texts but with WhatsApp you can also share audio, videos and photos; it also enables location sharing and is a total ad-free application. The iOS version of the app costs just $0.99, and the price for the Android version is around $0.99 per month, in some of the countries.

In the month of October, 2011, the company first announced that it was serving up 1 billion messages each day which was just a small step towards their goals. In January, 2013, the company announced that it has set a record of serving 7 billion inbound and 11 billion outbound messages on the New Year’s Eve, and their record a day before stood tall at 10 billion total messages at the same time period. In this context, this messenger App recently came under criticism for the security risks related to the authentication process and was marked as a “security nightmare” by many a researcher.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.