Stunner: Facebook To Buy WhatsApp For $16 Billion In Cash, Stock | Social Media and its influence |
Facebook announced on Wednesday afternoon that it had reached an agreement to buy popular mobile messaging company WhatsApp for a total of $16 billion, include $4 billion in cash and about $12 billion in Facebook shares.

WhatsApp has over 450 million monthly users and is adding more than 1 million new registered users per day.