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Facebook, the worlds largest social network, agreed to acquire mobile-messaging startup WhatsApp Inc. for as much as $19 billion in cash and stock, seeking to expand its reach among users on mobile devices. In this photo, the mobile-messaging application WhatsApp and the Facebook application are displayed along with other apps on an Apple Inc. iPhone.
Google offered WhatsApp $10 billion to sell, but was turned down for Facebook's $19 billion offer, according to a report.
The surprisingly brief report appeared today and said that two unnamed sources had confirmed that Google had offered the makers of WhatsApp $10 billion to buy the startup, according to Forbes.
Google chief Larry Page met with Jan Koum, WhatsApp's chief executive to prevent the sale to Facebook, according to The Information. While Page made a plea for independence rather than joining Facebook and its board of directors, Koum apparently decided to take the heftier deal.