To commemorate two decades of SXSWi, we’re publishing an extensive oral history about the event and collecting memories from the people who attended throughout the years, which we’ll publish on our site. Have memories you want to share? Here’s what we’re looking for.
WhatsApp, the insanely popular instant messaging service used by 190 million monthly active users, is about to get a splash of Facebook blue. The social media giant announced it is acquiring the cross-platform messaging service for $16 billion—more specifically, $12 billion in stock and $4 billion in cash, per the SEC filing. Facebook says the agreement also “provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.”