My posts concerning the missing Malaysian Airlines flight MH370 is as interesting as spending an evening studying the facial expressions of the Merlion.

“Come on, Danesh, there is so much interesting ‘news’ surrounding the missing aircraft.”

It’s been almost a week since MH370 has gone missing. The lack of information and conflicting reports makes excellent fodder for comedy. It makes even better fodder for conspiracy theories. Best of all, the ground is  fertile for speculation.

But this boring old man simply shared updates from Malaysia Airlines (which I’ve stopped).

While legit news is ok, Comedy, Conspiracy Theories and Speculation are last things family members of those gone missing in MH370 need to hear and read about. They need the truth. As painful as not knowing is, comedy, conspiracy and speculation adds confusion and despair to their already unbearable anxiety.

So I shut up and pray.

Yep, it’s true. For a whopping US$16 billion made up of US$12 billion in stock and US$4 billion in cash. If you include the additional  US$3 billion in restricted stock units to WhatsApp’s founders and employees as part of the deal, the total acquisition price goes up to US$19 billion.

In the unlikely event that the deal does not go through, Facebook will pay a breakup fee of $1 billion to WhatsApp, which is  more than the  amount Facebook paid to acquire Instagram.

“WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable,” Facebook CEO Mark Zuckerberg said in a statement. WhatsApp has over 450 million monthly users, 70% of whom are active on a given day. They are adding more than 1 million new registered users per day.

Facebook stock declined by more than 4.5% in after hours trading following the announcement.

Still, the Facebook Empire grows. They seem to be in the digital expansion mode like the Roman empire in their hey-days (offline mode).

Read all about it on:

Forbes, BBC and  CNBC.

 

       

 

 

 

He emerged from Apollo 11 on July 20, 1969 and became the first man on the moon, followed right after by Buzz Aldrin. As Neil took his first step on the moon’s surface, he famously declared: “one small step for [a] manone giant leap for mankind.”

Now you’ve taken your biggest leap, sir. Rest in Peace.

Links to articles:

Reuters

Los Angeles Times

USA Today

BBC

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