Facebook's $16 Billion Acquisition of WhatsApp Takes Over Twitter

Facebook sent a shockwave through the tech world on Wednesday when it announced the acquisition of WhatsAapp for $16 billion ($12 billion in stock and $4 billion cash).

The deal represents one of the biggest acquisitions in recent mobile tech history at almost double the $8.5 billion Microsoft paid for Skype back in 2011, and over five times the $2.9 billion Lenovo paid Google for Motorola just last month

Reactions to the massive purchase by Facebook CEO Mark Zuckerberg have given rise to a number of colorful responses on social media. Some are enthusiastic and supportive, some are surprisingly ambivalent, while many others don't seem to know what to make of the historic acquisition Read more...