Scalper1 News
Facebook (FB) is still seeking out a profitable business model for mobile messaging service WhatsApp, which has 900 million users, up 50% from August 2014. Facebook closed its $21.8 billion cash-and-stock purchase of WhatsApp in October 2014, with the deal including $4 billion in cash. Facebook’s stock has climbed 26% since the deal closed. WhatsApp’s founder Jan Koum said Monday in a blog post that it would stop charging a 99-cent annual fee. The Scalper1 News
Scalper1 News